Great development opportunity in Portland’s Mill Park neighborhood! This large 0.7-acre vacant lot at 2056 SE 122nd Avenue is zoned RM1, allowing for up to 43 residential units—perfect for townhomes, condos, or apartments. It offers one of the best values per unit in the area. The location is convenient, with easy access to public transit, schools, shops, and restaurants, plus quick access to I-205. Whether you're a builder, investor, or developer, this property is a great chance to create housing in a growing part of the city.
Active
Price cut: $50K (9/1)
$399,900
2056 SE 122nd Ave, Portland, OR 97233
--beds
0baths
0.7Acres
Unimproved Land, Multi Family
Built in ----
0.7 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 149 days
- 40
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Javier Alomia 503-737-8010,
Real Broker
Source: RMLS (OR),MLS#: 194506384
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.7 Acres
- Features: SqFt 20000 to Acres1
Details
- Parcel number: R331863
- Zoning: RM1
Utilities & green energy
- Utilities for property: Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Date on market: 4/28/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $399,900-11.1% |
Source:  RMLS (OR) #194506384 Report a problem | ||
| 4/28/2026 | Listed for sale | $449,900-24.4% |
Source: RMLS (OR) #194506384 Report a problem | ||
| 11/1/2021 | Sold | $595,000 |
Source: RMLS (OR) #20062938 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Mill Park
Nearby schools
Schools provided by the listing agent
- Elementary: Mill Park
- Middle: Ron Russell
- High: David Douglas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $429,9000.84 acres5308 SE 113th Ave, Portland, OR 97266Active
MLS ID #741236477, Narin Lay, Opt. RMLS (OR) - $400,0000.75 acres3226 NE Cadet Ave, Portland, OR 97220Active
MLS ID #543935194, Diana Harrell, Premiere Property Group, LLC. RMLS (OR) - $395,000-- sqft4536 NE 102nd Ave, Portland, OR 97220Active
MLS ID #196104431, Tim Jackson, Premiere Property Group, LLC. RMLS (OR) - $300,0000.34 acres12635 SE Knapp St #W, Portland, OR 97236Active
MLS ID #706930337, Daniel Tishchenko, Kelly Right Real Estate of Portland, LLC. RMLS (OR) - $349,0000.84 acres(Undisclosed Address), Portland, OR 97266ActiveMLS ID #560753109, Steven Vo, Dalton Wade, Inc, A Corporation of Florida. RMLS (OR)
- $250,0003.21 acresSW Sleret Ave, Gresham, OR 97080ActiveMLS ID #104605327, Jason Preuit, Premiere Property Group, LLC. RMLS (OR)
- $480,0000.29 acres87 Southeast Ave, Portland, OR 97266ActiveMLS ID #306583753, Todd Gang, ECOPRO Realty Group. RMLS (OR)
- $250,0002,967 sqftSE 87th Se Brookly St, Portland, OR 97266ActiveMLS ID #472263043, Jenny Zeng, Premiere Property Group, LLC. RMLS (OR)
- $215,0003,484 sqftSE Brooklyn St, Portland, OR 97266ActiveMLS ID #680820861, Jenny Zeng, Premiere Property Group, LLC. RMLS (OR)
- $499,9000.83 acresW Powell Loop, Gresham, OR 97030ActiveMLS ID #787853943, Adam Zagel, MORE Realty. RMLS (OR)
- $599,0000.33 acres2226 NE Weidler St, Portland, OR 97232ActiveMLS ID #682249675, Steve Odermann, LUXE Forbes Global Properties. RMLS (OR)
- $550,0000.95 acres18005 NE Sandy Blvd, Portland, OR 97230ActiveMLS ID #314402229, Kevin Mapes, Keller Williams Sunset Corridor. RMLS (OR)
- $225,00010,018 sqft3981 SE 91st Ave, Portland, OR 97266ActiveMLS ID #159893051, Joel Bohrer, Bohrer Realty. RMLS (OR)
- $549,9000.25 acres4401 SE 99th Ave, Portland, OR 97266ActiveMLS ID #708659642, Katie Bain, EquityPoint Real Estate. RMLS (OR)
- $295,0000.25 acres9639 SE Foster Rd, Portland, OR 97266ActiveMLS ID #641160883, Lisa Mehlhoff, Real Broker. RMLS (OR)
- $325,0000.35 acres10469 SE Quail Ridge Dr, Happy Valley, OR 97086ActiveMLS ID #206501098, Tonya Rourke, Premiere Property Group, LLC. RMLS (OR)
- $320,0000.42 acres10421 SE Quailridge Dr, Happy Valley, OR 97086ActiveMLS ID #315666511, Joseph Tran, Real Estate Performance Group. RMLS (OR)
- $324,0001.38 acresNE Marine Dr, Portland, OR 97230ActiveMLS ID #457781280, Jason Cassell, ELEETE Real Estate. RMLS (OR)
- $289,9004,356 sqft9165 NE Oregon St, Portland, OR 97220ActiveMLS ID #433197366, Darryl Bodle, Keller Williams Realty Portland Premiere. RMLS (OR)
