3122 N WILLIAMS AVE Portland, OR $ 1,400,000
3122 N WILLIAMS AVE
$ 1,400,000
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3122 N WILLIAMS AVE

Portland, OR, 97227
$ 1,400,000
Bedrooms-- Baths-- Sq 3,949
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Property for Rent in Portland, OR

for $1,400,000. This 3,949 square foot property was built in 1907 on a lot size of 0.16.

Fantastic development/ investment/owner occupant/urban farm opportunity on the Williams Corridor. Sale includes two tax lots. R308691 (.09 acres) contains a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious 2-bedroom residential units. Possible 3rd bedroom in unit B. Adjacent R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space. Development package and floor plans available. Do not disturb tenants or walk on the property. Cross listed as multifamily #596149847

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Rental Active

Price

$ 1,400,000

Taxes

$ 6,441

Style

Income

Lot Size

0.16

Year Built

1907

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

776426559

Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition Rubber
Zoning CM2
Construction Materials WoodSiding
Year Built 1907
Sale Includes Building Land
Stories Count 3
Property Subtype Income
Tax Year 2025
Current Use Bar MultiFamily Other
Parcel Number R308691 R308690
Gross Income 88116.0
Business Name current tenants
County Multnomah
Operating Expense 10489.0
Property Type CommercialSale
HOA N
Status Active
Directions North on Williams on the corner of Williams and Fargo.
City Portland
MLS Area _141
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional
Tax Annual Amount 6441.7
Property Condition Existing
Lease Type YearsRemaining1to5 MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 7342.0
Legal Description WILLIAMS AVE ADD BLOCK 9 LOT 2 TL 16500
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Exterior
Road Frontage 151
Parking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 3949.0
Lot Dimensions 41X100 + 59X51
Lot Size Acres 0.16
Road Surface Type Gravel
Other Equipment SmokeDetector
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Interior
Ceiling Height 10
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Internal Only
Street Number 1 3122
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* Excluded Features
List By
Alternative Realty

Broker

shelleyzucker@gmail.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$1,400,000 -12.50% Price Down
11/25/2025$1,600,000 Listed Price

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3122 N WILLIAMS AVE, Portland, OR, 97227 is a Property for Rent at $1,400,000 with 3,949 sqft and a lot size of 0.16. 3122 N WILLIAMS AVE was built in 1907. The property's zip code is 97227 which is in Portland, OR