125 SE 126th Ave, Portland, OR 97233

Local realty services provided by:Knipe Realty ERA Powered
125 SE 126th Ave,Portland, OR 97233
$599,000
  • 4 Beds
  • 2 Baths
  • 1,288 sq. ft.
  • Single family
  • Active
Listed by: paul campbell
Office: epique realty
MLS#:383110687
Source:PORTLAND

Price summary

  • Price:$599,000
  • Price per sq. ft.:$465.06

About this home

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.

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Home facts

  • Year built:1947
  • Listing ID #:383110687
  • Added:1 day(s) ago
  • Updated:March 14, 2026 at 03:31 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Finished, Full Basement
  • Living area:1,288 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1947
  • Building area:1,288 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Level
  • Architectural Style:2 Story, Bungalow
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:David Douglas
  • Middle school:Floyd Light
  • Elementary school:Menlo Park

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$465.06
  • Tax amount:$3,882 (2025)
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