3223 SE 122ND AVE Portland, OR $ 685,000
3223 SE 122ND AVE
$ 685,000
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3223 SE 122ND AVE

Portland, OR, 97236
$ 685,000
Bedrooms6 Baths5.0 Sq 2,326

Monthly Estimate*

$ 4,218

3223 SE 122ND AVE, Portland, OR 97236 - Image 1
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Multi-Family Home for sale in Portland, OR

for $685,000 with 6 bedrooms and 5 full baths. This 2,326 square foot home was built in 2018.

Modern dual-dwelling property built in 2018 offering exceptional flexibility and income potential. The main home features 4 bedrooms, 2.5 baths, and 1,572 sq ft of well-designed living space with solid surface countertops, a spacious primary suite with dual sinks and a walk-in closet, private patio, and attached garage. The detached ADU provides an additional 754 sq ft with 2 bedrooms, 1.5 baths, washer/dryer hookups, its own patio, and a dedicated garage, ideal for extended family, guests, or rental income. This property presents a rare investment opportunity with multiple use options: multigenerational living, owner-occupy one unit while renting the other, or lease both units for maximum return.

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Multi-Family Active

Price

$ 685,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,702

Style

Year Built

2018

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

659121540

Features
General
Sewer PublicSewer
Heating ForcedAir Zoned
Roof Composition
Zoning R5
Garage Spaces 2.0
Security Features None
Year Built 2018
Stories Count 2
Parcel Number R333880
Gross Income 52560.0
County Multnomah
Net Operating Income 43310.0
Operating Expense 9250.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions SE 122nd Ave north of Powell Blvd
High School David Douglas
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Listing Terms Cash Conventional FHA VALoan
Elementary School Mill Park
Tax Annual Amount 7702.28
Middle/Junior High School Ron Russell
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 10 1S 2E TL 3800 0.17 ACRES
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Interior
Basement None
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 4
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding
Building Area Total 2326.0
Road Surface Type Paved
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Internal Only
Street Number 1 3223
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* Excluded Features
List By
Li Lanz Properties, Llc

Broker

li@lilanzproperties.com

Contact

Affordability Calculator

$4,859
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,218
Monthly Property Taxes
$642
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/17/2025$685,000 Listed Price

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3223 SE 122ND AVE, Portland, OR, 97236 is a Multi-Family Home for sale at $685,000 with 2,326 sqft. 3223 SE 122ND AVE has 6 bedrooms, 5.0 baths, and was built in 2018. The property's zip code is 97236 which is in Portland, OR