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10022 SE 172nd Ave, Happy Valley
$3,000,000
Save- Lot size
- 6.06 acres
- Property type
- Land
- Days on market
- 1,502
Overview
This 6.06-acre parcel (Tax ID #00137765) is split-zoned Mixed Commercial Center (MCC, ~4 acres) and Mixed Use Residential-Multifamily (MUR-M2, 25–34 units per acre, ~2 acres), offering a buyer two paths: a mixed-use commercial/residential development consistent with the current split zoning, or rezoning the commercial portion to MUR-M2 through a Type III zone change to bring the entire site under MUR-M2 designation. The City is advancing its own commercial development to the south and has signaled it would not want this site competing with that effort — as a result, City staff have indicated willingness to support a zone change eliminating the commercial designation here in favor of multifamily. A prior development team took a 184-unit mixed-use concept through a full City Pre-Application Conference in 2024, so the planning groundwork and the City's disposition toward a rezone are already established for an incoming buyer. The site is level, with approximately ±300 feet of frontage on SE 172nd Avenue and access aligning to SE Huckleberry Street. An intermittent creek runs through the back (northeast) corner of the property, affecting roughly one acre between the waterway and its required buffers. A wetland determination identified a few additional wetland areas approximately 0.14 acres on-site, all minor and addressable through standard mitigation. The home is tenant-occupied — ALTA survey, wetland reports, and all City pre-application materials are available.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 6.06 acres
- Lot features
- Brush, Cleared, Stream, Trees
- View
- Yes
- View description
- Creek / Stream, Trees / Woods, Valley
Schools
- High school
- Centennial
- Middle school
- Centennial
- Elementary school
- Pleasant Valley
Location
- City
- Happy Valley
- County
- Clackamas
- Zoning
- MCC, M2
Taxes and dues
- Annual taxes
- $3,831 (2025)
Location
10022 SE 172nd Ave, Happy Valley, OR 97086

Monthly payment estimate
$16,287 /mo
- Principal and interest
- $15,967
- Property tax (2025)
- $319
- Total
- $16,287
Estimate only, and not an offer of credit. Assumes 20% down ($600,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.






























