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$699,990 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 hour ago
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Well-maintained fourplex offering a desirable mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1.5-bath unit. All units feature durable LVP flooring, with select updates throughout. The lower-level units offer private backyards, while the upper-level unit enjoys its own deck. Each unit includes a dedicated storage area, plus additional owner storage for added convenience. Upside in rents. A practical and appealing investment property with a versatile unit mix and tenant-friendly features. Please do not disturb tenants. Make offer subject to interior inspection. Roof replaced 2024 and front exterior paint 2026. Laundry room has potential for income. No sign on property.

Full Property Details for 1500 SE 162nd Ave

General

  • Price: $699,990
  • Taxes: $8,571 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 715494225
  • Updated: 8/19/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Total Spaces: 8
  • Parking Features: Off Street

Location

  • County: Multnomah
  • Subdivision: Rockwood Park
  • Driving Directions: SE Stark, south on SE 162nd on left side

School Information

  • Elementary School: Patrick Lynch
  • Middle School: Oliver
  • High School: Centennial

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,814
  • Year Built: 1973
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $27,691
  • Tax Amount: $8,571.17
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: ROCKWOOD PK, BLOCK 2, S 71' OF W 173' OF LOT 16 EXC PT IN ST
  • Property ID: R258716

Listed by LizC Real Estate Investments (503) 314-6498, Elizabeth Carpenter (503) 314-6498

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Listing agent

— 1500 SE 162nd Ave —

  • Elizabeth Carpenter

    LizC Real Estate Investments

    503-314-6498

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1500 SE 162nd Ave

School District:Centennial School District 28j
NameGradesDistance
Lynch View Elementary School
1546 Southeast 169th Place, Portland, OR 97233
K-50.4 mi
Centennial High School
3505 SE 182nd Ave, Gresham, OR 97030
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 SE 162nd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2026
Listed
$699,990
92.83%
MLS
8/11/2014
Sold
$363,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 SE 162nd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,571
4%
$370,460
3%
2024
$8,218
-5%
$359,670
3%
2023
$8,629
11%
$349,200
6%
2021
$7,742
1%
$329,160
-3%
2022
$7,675
-1%
$339,030
6%
2021
$7,742
17%
$319,580
3%
2019
$6,643
3%
$310,280
3%
2018
$6,420
4%
$301,250
3%
2017
$6,186
4%
$292,480
3%
2016
$5,965
11%
$283,970
3%
2015
$5,388
22%
$275,700
11%
2014
$4,407
23%
$247,590
15%
2013
$3,595
—
$214,790
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LizC Real Estate Investments (503) 314-6498, Elizabeth Carpenter (503) 314-6498

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1500 SE 162nd Ave, Portland, OR 97233 (MLS# 715494225) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1500 SE 162nd Ave is currently listed for $699,990 and was received on August 19, 2026. Want to learn more about 1500 SE 162nd Ave? Do you have questions about finding other Multi-Family real estate for sale in Eastmoreland? You can browse all Eastmoreland real estate or contact a Coldwell Banker agent to request more information.

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