2056 SE 122ND AVE Portland, OR $ 499,900
2056 SE 122ND AVE
$ 499,900
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2056 SE 122ND AVE

Portland, OR, 97233
$ 499,900
Baths0.0

Monthly Estimate*

$ 3,119

2056 SE 122ND AVE, Portland, OR 97233 - Image 1
2056 SE 122ND AVE, Portland, OR 97233 - Image 2
2056 SE 122ND AVE, Portland, OR 97233 - Image 3
2056 SE 122ND AVE, Portland, OR 97233 - Image 4
2056 SE 122ND AVE, Portland, OR 97233 - Image 5
2056 SE 122ND AVE, Portland, OR 97233 - Image 6
2056 SE 122ND AVE, Portland, OR 97233 - Image 7
2056 SE 122ND AVE, Portland, OR 97233 - Image 8
2056 SE 122ND AVE, Portland, OR 97233 - Image 9
2056 SE 122ND AVE, Portland, OR 97233 - Image 10
2056 SE 122ND AVE, Portland, OR 97233 - Image 11
Studio

Lots and Land for sale in Portland, OR

for $499,900. The lot size is 0.7.

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.

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Lots and Land Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

MultiFamily

Lot Size

0.7

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

641819011

Features
General
Utilities ElectricityAvailable PublicSewer WaterAvailable
Zoning RM1
Property Subtype MultiFamily
Tax Year 2024
Parcel Number R331863
County Multnomah
Property Type Land
HOA N
Status Active
Directions 122ave
High School David Douglas
City Portland
MLS Area _143
Lot Size Square Feet 30492.0
Listing Terms Cash Conventional
Elementary School Mill Park
Tax Annual Amount 0
Middle/Junior High School Ron Russell
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 02 1S 2E TL 13000 0.70 ACRES POTENTIAL ADDITIONAL TAX
ADU False
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Exterior
Lot Size Acres 0.7
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Internal Only
Street Number 1 2056
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* Excluded Features
List By
Real Broker

Broker

javier@alomiagroup.com

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Affordability Calculator

$3,119
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950277 Elementary School
1950068 Middle School
David Douglas High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2025$499,900 -18.72% Price Down
4/10/2025$615,000 Listed Price

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2056 SE 122ND AVE, Portland, OR, 97233 is a Lots and Land for sale at $499,900 with a lot size of 0.7. 2056 SE 122ND AVE is a studio with 0.0 baths. The property's zip code is 97233 which is in Portland, OR