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2056 SE 122nd Ave, Portland
$399,900
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- Lot size
- 30,492 sqft
- Property type
- Land
- Days on market
- 186
Overview
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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 30,492 sqft
- View
- No
Schools
- High school
- David Douglas
- Middle school
- Ron Russell
- Elementary school
- Mill Park
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM1
Location
2056 SE 122nd Ave, Portland, OR 97233
Monthly payment estimate
$2,428 /mo
- Principal and interest
- $2,128
- Property tax (estimated)
- $300
- Total
- $2,428
Estimate only, and not an offer of credit. Assumes 20% down ($79,980) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
