Single Family Home $ 599,000

125 SE 126TH AVE

Portland, OR 97233

  • 4 Beds
  • 2 Baths
    Full Baths: 2
  • 1,288 SqFt
  • 0.34 Lot Size
  • 1947 Year Built
Rare RH-zoned development opportunity in East Portland with a 15,000 SF lot and strong upside beyond the existing home. Seller has a preliminary concept for 9 units, but the real value here is in the land and its high-density multifamily potential. Located near MAX/transit, this site may benefit from Portland's transit-oriented development standards, creating an attractive opportunity for builders, multifamily investors, and land bankers. Existing home can provide interim income or hold value while buyer pursues planning. Buyer to perform all due diligence regarding unit count, FAR, height, parking, transit-related allowances, and development feasibility.
Listed by Epique Realty

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 1, 288 sqft

    Price per Sqft $465

    Subdivision Hazelwood

    MLS Listing ID 383110687

    Style Stories2, Bungalow

    Bedrooms 4

    Full Baths 2

    HOA Y/N No

    Year Built 1947

    Annual Tax Amount $3,882

    Tax Year 2025

    Lot Size 0.340 Acres

    Property Sub-Type Single Family Residence

  • Location

    State OR

    County Multnomah

    Area _143

    Zoning RH

  • Rooms

    Basement Finished, Full Basement

  • Building

    Lot Description Level

    Story 1

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public Water

    Level or Stories 1

  • Interior

    Heating Baseboard

  • Exterior

    Parking Features Detached

    View Territorial

    Roof Type Composition,Shingle

    Garage Yes

  • Schools

    Elementary Schools Menlo Park

    Middle Schools Floyd Light

    High Schools David Douglas

  • Others

    Senior Community No

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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CONTACT

Paul Campbell
Paul Campbell

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