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 near 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.
Active
$1,065,000
2706 SE 122nd Ave, Portland, OR 97236
--beds
0baths
1.54Acres
Residential Lots, Land
Built in ----
1.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- 51
- 0
Zillow last checked:
Listing updated:
Listed by:
Century 21 Northstar 503-297-1014
Source: Oregon Datashare,MLS#: 220230556
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Fencing: Perimeter,Wire,Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.54 Acres
- Features: Native Plants
Details
- Additional parcels included: Parcel 2: R334069 Legal Description SECTION 11 1S 2E, TL 4800 0.60 ACRES Parcel 3: R334428 Legal Description SECTION 11 1S 2E, TL 4900 0.19 ACRES
- Parcel number: R334074
- Zoning description: RM2
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $5,710
- Date on market: 10/29/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $1,065,000+74.6% |
Source:  RMLS (OR) #341799645 Report a problem | ||
| 11/10/2016 | Sold | $610,000-7.6% |
Source: RMLS (OR) #16489916 Report a problem | ||
| 8/25/2016 | Pending sale | $660,000 |
Source: Keller Williams - Portland Central #16489916 Report a problem | ||
| 6/3/2016 | Price change | $660,000+10.2% |
Source: Keller Williams - Portland Central #16489916 Report a problem | ||
| 5/3/2016 | Listed for sale | $599,000 |
Source: Keller Williams-Pdx Central #15496540 Report a problem | ||
| 2/20/2016 | Listing removed | $599,000 |
Source: Keller Williams-PDX Central #15496540 Report a problem | ||
| 1/22/2016 | Pending sale | $599,000+139.7% |
Source: Keller Williams - Portland Central #15496540 Report a problem | ||
| 2/11/2015 | Listing removed | $249,900 |
Source: Better Homes and Gardens Real Estate Report a problem | ||
| 12/12/2014 | Listed for sale | $249,900-52.8% |
Source: Better Homes and Gardens Real Estate Report a problem | ||
| 12/17/2011 | Listing removed | $529,000 |
Source: Prudential NW Properties Commercial Report a problem | ||
| 11/18/2011 | Listed for sale | $529,000 |
Source: Prudential NW Properties Commercial Report a problem | ||
| 7/13/2011 | Listing removed | $529,000 |
Source: Prudential NW Properties Commercial Report a problem | ||
| 6/13/2011 | Listed for sale | $529,000-0.8% |
Source: Prudential NW Properties Commercial Report a problem | ||
| 7/24/2010 | Price change | $533,000-15.8% |
Source: Meadows Group Inc., Realtors #10035042 Report a problem | ||
| 6/3/2010 | Listed for sale | $633,000 |
Source: Meadows Group Inc., Realtors #10035042 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Powellhurst Gilbert
Nearby schools
Schools provided by the listing agent
- Elementary: Mill Park Elem
- Middle: Ron Russell Middle
- High: David Douglas High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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