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Listed by Century 21 Northstar
$ 1,065,000
Est. payment /mo
New
2706 SE 122ND AVE Portland, OR 97236
1.54 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 341799645
HOA Y/N No
Annual Tax Amount $5,710
Tax Year 2025
Lot Size 1.540 Acres
Property Sub-Type Multi Family
Property Description
MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately 1.54 acres (67,170 SF per Multnomah County records) across three contiguous tax lots in Southeast Portland. Seller-provided preliminary development concept shows 51 residential units, including 36 two-bedroom units and 15 one-bedroom units with dens, plus 63 proposed parking spaces. The conceptual design features three-story walk-up buildings. ** NEW FENCE INSTALLED! ** Seller is open to selling the lots together or separately, subject to access considerations. Conveniently located minutes from shopping, public transportation, and employment centers. Development plans are conceptual and have not been approved by the City of Portland. Proposed unit count, layout, parking, and development feasibility have not been independently verified. Buyer to verify zoning, permitted uses, utilities, access, easements, development potential, and all other property details with the appropriate authorities.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Exterior
Utilities Available None
Garage No
Building
Lot Description Trees
Schools
Elementary Schools Mill Park
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://drive.google.com/file/d/1fPn3dDVgESdyzi53sBrIbzRSDXXZw6v-/view?usp=drive_link
