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4 Beds2 Baths1,288 sqft
125 SE 126th Ave, Portland
$599,000
PendingMLS®: 383110687
- Price per sqft
- $465.06
- Built in
- 1947
- Property size
- 1,288 sqft
- Lot size
- 14,810 sqft
- Property type
- Residential
- Days on market
- 5
Overview
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.
Details
Interior
- Fireplaces
- 0
- Cooling
- No
- Heating
- Yes
- Heating description
- Baseboard
Exterior and lot
- Lot size
- 14,810 sqft
- Lot features
- Level
- Architectural style
- Two Stories, Bungalow
- Roof
- Composition, Shingle
- View
- Yes
- View description
- Territorial
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Total parking
- 0
Schools
- High school
- David Douglas
- Middle school
- Floyd Light
- Elementary school
- Menlo Park
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RH
- Subdivision
- Hazelwood
Taxes and dues
- Annual taxes
- $3,882 (2025)
Location
125 SE 126th Ave, Portland, OR 97233
Monthly payment estimate
$3,512 /mo
20% · $119,800
7.00%
- Principal and interest
- $3,188
- Property tax (2025)
- $324
- Total
- $3,512
Estimate only, and not an offer of credit. Assumes 20% down ($119,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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