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Listed by Century 21 Northstar

$1,065,000

Est. payment - /mo

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1.54 Acres Lot

New

2706 SE 122ND AVE Portland, OR 97236

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Tommy Jedrzejczyk

tommyjedrzejczyk@epique.me +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 341799645

HOA Y/N No

Annual Tax Amount $5,710

Tax Year 2025

Lot Size 1.540 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State OR

County Multnomah

Area _143

Zoning RM2

Exterior

Utilities Available None

Garage No

Building

Lot Description Trees

Schools

Elementary Schools Mill Park

Middle Schools Ron Russell

High Schools David Douglas

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://drive.google.com/file/d/1fPn3dDVgESdyzi53sBrIbzRSDXXZw6v-/view?usp=drive_link

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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