2723 NE 123RD AVE Portland, OR $ 389,900
2723 NE 123RD AVE
$ 389,900
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Open House 10/24 12pm - 2pm
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2723 NE 123RD AVE

Portland, OR, 97230
$ 389,900
Bedrooms3 Baths1.0 Sq 1,484

Monthly Estimate*

$ 2,693

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Single Family Home for sale in Portland, OR

for $389,900 with 3 bedrooms and 1 full bath. This 1,484 square foot home was built in 1956 on a lot size of 0.18.

OPEN SATURDAY, 10/24, 12-2 PM! Mid-century charm meets modern comfort in this well-maintained ranch in Portland's Parkrose neighborhood. This inviting single-level home blends timeless character with tasteful updates and exceptional indoor-outdoor living. Inside, gleaming hardwood floors, classic built-ins, and a cozy wood-burning fireplace create warmth and character. An expansive picture window fills the living room with natural light, while the kitchen features a breakfast nook, pantry, and abundant storage. The primary bedroom offers an oversized walk-in closet with custom organizers. The beautifully updated bathroom is a standout, featuring a glass-enclosed walk-in shower with timeless Carrara marble and matching marble wainscotting, complemented by a stone-topped vanity. A spacious family room opens through double glass doors to a spectacular backyard retreat. Thoughtfully landscaped with mature trees, established shrubs, and an abundance of perennials, the garden comes alive with beautiful blooms throughout spring and summer. A one-year-old, low-maintenance composite deck offers the perfect place to take it all in, while a patio with a soothing fountain creates another inviting space to relax or entertain. Raised garden beds, a level lawn, and a fully fenced yard with a brand-new rear fence complete this beautifully established outdoor oasis. A one-car garage adds convenience, while nearby parks, shopping, and public transportation enhance the home's appeal. A special opportunity to enjoy classic mid-century character, thoughtful modern updates, and exceptional outdoor living in an established Portland neighborhood. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127472]

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Open House

10/24/2026 12:00 PM - 2:00 PM
2723 NE 123RD AVE Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 389,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 4,597

Style

Stories1,Ranch

Lot Size

0.18

Year Built

1956

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

186931380

Features
Interior
Interior Amenities GarageDoorOpener HardwoodFloors LaminateFlooring Marble TileFloor WalltoWallCarpet WasherDryer
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 1.0
Total Bedrooms 3
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Microwave Pantry
Zoning R7
Garage Spaces 1.0
Architectural Style Stories1 Ranch
Year Built 1956
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R217614
Accessibility GarageonMain OneLevel WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name PARKROSE
Full Baths 1
Status Active
Directions NE 122nd to NE Russell to NE 123rd
High School Parkrose
City Portland
Disclosures Exempt
MLS Area _142
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Russell
Tax Annual Amount 4597.53
Middle/Junior High School Parkrose
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=A9ea8H6TdYN&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MERRILAINE BLOCK 9 LOT 6
ADU False
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Exterior
Exterior Amenities Deck Fenced Garden RaisedBeds WaterFeature Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Building Area Total 1484.0
Lot Size Acres 0.18
Road Surface Type Paved
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Internal Only
Street Number 1 2723
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* Excluded Features
List By
Windermere Realty Trust

Broker

503-888-5191

Contact

Affordability Calculator

$3,076
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,693
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1949759 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$389,900 Listed Price

Map


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2723 NE 123RD AVE, Portland, OR, 97230 is a Single Family Home for sale at $389,900 with 1,484 sqft and a lot size of 0.18. 2723 NE 123RD AVE has 3 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 97230 which is in Portland, OR