2056 SE 122nd Ave

Portland, OR 97233

$499,900
Price
30,492 / 0.7
Lot Size / Acres

Description

Great development opportunity in Portland’s Mill Park neighborhood! This large 0.7-acre vacant lot at 2056 SE 122nd Avenue is zoned RM1, allowing for up to 43 residential units—perfect for townhomes, condos, or apartments. It offers one of the best values per unit in the area. The location is convenient, with easy access to public transit, schools, shops, and restaurants, plus quick access to I-205. Whether you're a builder, investor, or developer, this property is a great chance to create housing...Great development opportunity in Portland’s Mill Park neighborhood! This large 0.7-acre vacant lot at 2056 SE 122nd Avenue is zoned RM1, allowing for up to 43 residential units—perfect for townhomes, condos, or apartments. It offers one of the best values per unit in the area. The location is convenient, with easy access to public transit, schools, shops, and restaurants, plus quick access to I-205. Whether you're a builder, investor, or developer, this property is a great chance to create housing in a growing part of the city.
  1. Listed by Javier Alomia • Real Broker • javier@alomiagroup.com

Property Details for 2056 Southeast 122nd Avenue

Zoning
RM1
LISTING UPDATED: 12/15/2025 12:20 AM

Property Details for 2056 Southeast 122nd Avenue

StatusActive
MLS #641819011
Days on Market249
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.70 AC
CountyMultnomah County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 2056 Southeast 122nd Avenue

Building Size-Lot Size0.70 AC

Payment Calculator

$2,991 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,470

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2056 Southeast 122nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 122ave
School Information
  • Elementary School: Mill Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $.00
  • Parcel Number: R331863
  • Tax Legal Description: SECTION 02 1S 2E, TL 13000 0.70 ACRES, POTENTIAL ADDITIONAL TAX
Property
Lot Information
  • Acres: 0.7
  • Lot Size Square Feet: 30492.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Public Sewer, Water Available

Property History for 2056 Southeast 122nd Avenue

DateEvent & SourcePriceAppreciation
Mar 23, 2018

Sold (Public Record)

Public Record #618378678

$430,000—
DateEvent & SourcePrice
03/23/2018

Sold (Public Record)

Public Record #618378678

$430,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2056 Southeast 122nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$6,256 ($521 / month)
Home Facts
Baths0.5Total Finished SqFt2,355 SqFtAbove Grade Finished SqFt2,055 SqFtFinished Basement SqFt300 SqFtStories1Lot Size10,454 SqFtStyleMiscellaneous CommercialYear Built1947ZoningR3CountyMULTNOMAHAPN1S2E02CB 12900

Schools near 2056 Southeast 122nd Avenue

This home is within David Douglas School District 40.
Rating
School
Type
Grades
Distance
Mill Park Elementary School
Public - PK to 5
Ron Russell Middle School
Public - 6 to 8
David Douglas High School
Public - 9 to 12
Arthur Academy
Charter - K to 5
Rating
School
Distance
Mill Park Elementary School
PublicPK to 5

Ron Russell Middle School
Public6 to 8

David Douglas High School
Public9 to 12

Arthur Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2056 Southeast 122nd Avenue, Portland, OR 97233

2056 Southeast 122nd Avenue is a 0.7 ac of land for sale in Portland, OR 97233. This property was listed for sale on April 10, 2025 by Real Broker, it's currently listed at $499,900. It has been on the market for a total of 249 days and was last sold on March 23, 2018. This listing's school district is David Douglas School District 40. Nearby schools include Mill Park Elementary School, Ron Russell Middle School and David Douglas High School. 2056 Southeast 122nd Avenue is a 0-bed, 0-bath, 0.7 ac of land on a 30,492 sq. ft. / 0.7 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/15/2025 12:20 AM