2706 SE 122nd Ave, Portland
$1,065,000
Save
- Lot size
- 1.54 acres
- Property type
- Land
- Days on market
- 0
Overview
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 minutes from 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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 1.54 acres
- Lot features
- Trees
- View
- No
Schools
- High school
- David Douglas
- Middle school
- Ron Russell
- Elementary school
- Mill Park
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM2
Taxes and dues
- Annual taxes
- $5,710 (2025)
Location
2706 SE 122nd Ave, Portland, OR 97236
Monthly payment estimate
$6,144 /mo
- Principal and interest
- $5,668
- Property tax (2025)
- $476
- Total
- $6,144
Estimate only, and not an offer of credit. Assumes 20% down ($213,000) 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.
