Fantastic development/ investment/owner occupant/urban farm opportunity on the Williams Corridor. Sale includes two tax lots. R308691 (.09 acres) contains a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious 2-bedroom residential units. Possible 3rd bedroom in unit B. Adjacent parcel R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space. Development package and floor plans available. Do not disturb tenants or walk on the property. Cross listed as commercial listing #776426559
Active
Price cut: $150K (9/14)
$1,025,000
3122 N Williams Ave, Portland, OR 97227
4beds
3,949sqft
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
Undeveloped corner lot
- 315 days
- 264
- 23
Zillow last checked:
Listing updated:
Listed by:
Shelley Zucker 503-706-2548,
Alternative Realty,
A. Joyce Thomas 541-729-1496,
Alternative Realty
Source: RMLS (OR),MLS#: 596149847
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Storage
- Flooring: Wood
Interior area
- Total structure area: 3,949
- Total interior livable area: 3,949 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: City
Lot
- Size: 6,969 Square Feet
- Dimensions: 41 x 100 and 51 x 59
- Features: Corner Lot, Level, Trees, SqFt 5000 to 6999
Details
- Parcel number: R308691, R308690
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition,Flat,Rubber
Condition
- Existing
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Boise Eliot
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $281,600
- Annual tax amount: $6,441
- Date on market: 11/25/2025
- Listing terms: Cash,Conventional
- Total actual rent: 7450
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $1,025,000-12.8%$260/sqft |
Source:  RMLS (OR) #596149847 Report a problem | ||
| 4/10/2026 | Price change | $1,175,000-6%$298/sqft |
Source: RMLS (OR) #596149847 Report a problem | ||
| 1/5/2026 | Price change | $1,250,000-10.7%$317/sqft |
Source: RMLS (OR) #596149847 Report a problem | ||
| 12/6/2025 | Price change | $1,400,000-12.5%$355/sqft |
Source: RMLS (OR) #596149847 Report a problem | ||
| 11/25/2025 | Listed for sale | $1,600,000$405/sqft |
Source: RMLS (OR) #596149847 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | $3,434 +2% | $128,330 +1% |
| 2023 | $3,367 | $127,060 |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $2,042 | $86,620 |
| 2015 | $2,042 | -- |
| 2014 | -- | -- |
| 2002 | $294 +7.3% | $13,850 +6% |
| 2000 | $274 | $13,060 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Eliot
Nearby schools
Schools provided by the listing agent
- Elementary: Boise-Eliot
- Middle: Harriet Tubman
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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