$2,549,000
6 bed 6 bath

118 NE 16TH, Portland, OR 97232

Neighborhood: Kerns
Multi Family For Sale On ZeroDown for 2 years
Est. sale price: $206,443
Prime NE location in the Kerns neighborhood. 12,790 sq ft lot fully entitled with approved plans for 33 unit apartment building with zero Inclusionary zoning. Permits ready to be picked up now! Superior location with restaurants, parks, shops.
Buy this home
We'll match the lowest rate, upgrade bid to a cash offer, and hold your hand every step of the way.
$11,894 per month See breakdown
20% down, 30 year mortgage, 5.915% APR
See what I can afford
RMLS Logo

Listing courtesy of Real Estate Performance Group

All About The Home

Property Details for 118 NE 16TH

Property Facts
Status
Active
Style
Multi Family, , Multi Family
MLS #
20265006
Community
Kerns
Year Built
2021
lot_size
10,000 to 14,999 SqFt
Property Type
Multi Family, None
Time On ZeroDown
2 years
Interior Features

Unit #2 Information

SqFt:
560
# of Beds:
1
# of Units:
19
# of Baths:
1

Unit #3 Information

SqFt:
897
# of Beds:
2
# of Units:
7
# of Baths:
2

Unit #4 Information

SqFt:
942
# of Beds:
3
# of Units:
1
# of Baths:
2

Heating & Cooling

Fuel:
None
Cooling:
None
Heating:
None

Unit #1 Information

SqFt:
477
# of Units:
6
# of Baths:
1
See 20+ more property details
Listed by: Jason Watkins
Brokerage: Real Estate Performance Group
MLS#: 20265006
Source: RMLS
Details provided by RMLS and may not match the public record.

Search for Homes in Portland, OR 97232

Financials

Market Comparison for 118 NE 16TH

There aren't too many bidding wars right now in 97232, with homes selling 1% below asking price over the last three months.

Price Tracker for 118 NE 16TH

Is 118 NE 16TH a good deal?

Am I paying a good price per sqft? Are other houses in the area selling for less? Check out comparative data to determine if this is a good deal.

Is 118 NE 16TH a good investment?

How is this property expected to appreciate? Will this property outpace the market? Learn more about the appreciation levels for this area.

What work has been done on 118 NE 16TH?

Has there been any major remodeling? What work has been done recently? Check out the work permit history for this address.

How Are the Schools in Kerns?

97232 public schools nearby are pretty good, ranking around the Greater Portland region average.

Can I raise a family in Kerns?

73% of homes in 97232 are renter-occupied with an average household size of 1.9 members.

Is Kerns safe?

97232 is relatively safe compared to the Greater Portland region.

What's nearby 118 NE 16TH?

Dessert shops like Twisted Croissant, Delicious Donuts, and Doe Donuts are great options in 97232 for satisfying your sweet tooth.

You can get takeout tacos from Stumptown Coffee Roasters or Güero or burgers from Smashburger or Timber's Doghouse in 97232. If you'd rather sit down, check out Smashburger, Timber's Doghouse, or Superdeluxe - Pea.

97232 has convenient grocery shopping options, including World Foods, Whole Foods Market, and Prescott Corner Market.

What are my public transportation options in Kerns?

More than 44% of commuters drive to work alone in 97232.

Public transit in 97232 is provided by Portland Streetcar and TriMet, with 7 Portland Streetcar tram stops, 55 TriMet bus stops, and 4 TriMet tram stops

97232 has a walk score of 93, a bike score of 100, and a transit score of 71. This neighborhood is highly walkable, with daily errands easily accomplished on foot.

Where Can I Charge My Electric Vehicle near 118 NE 16TH?

There are 15 electric vehicle charging locations in 97232 with a total of 41 level 2 and 5 DC fast chargers.

Recently Sold Homes in Kerns

Milkyway

How is the night sky in Portland?

COVID-19 Vaccination Rates for Multnomah

The vaccination rate in Multnomah is 54.9, ranking 4th in the state.

Natural Hazards risk in Portland

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

How are the noise levels in Kerns?

Is the air quality good in Kerns?

The air quality in 97232 was moderate last year, with 8 days when the Air Quality Index exceeded 100.

Will I Like My Neighbors in Kerns?

This home is in a precinct that voted for Joe Biden in 2020, who took 92% of the 10525 votes cast.

73% of homes in 97232 are renter-occupied with an average household size of 1.9 members.

97.6% of adults in 97232 have completed high school, which is 7.8% higher than the national average.

Who provides the best cell coverage in Kerns?

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