3122 N Williams Ave

Portland, OR 97227

$1,175,000
Price
—
Beds
—
Baths
3,949 Sq. Ft.
$298 / Sq. Ft.
3,949
Sq. Ft.
$298
per Sq. Ft.
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a view of outdoor space with seating area
a living room with furniture gym equipment and floor to ceiling window
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a kitchen with stainless steel appliances a refrigerator sink and cabinets
a kitchen with a sink a stove and a refrigerator
a bathroom with a sink and a mirror
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a open kitchen with furniture and a fireplace
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Description

Fantastic development/ investment/owner occupant/urban farm opportunity on the Williams Corridor. Sale includes two tax lots. R308691 (.09 acres) contains a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious 2-bedroom residential units. Possible 3rd bedroom in unit B. Adjacent parcel R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space....Fantastic development/ investment/owner occupant/urban farm opportunity on the Williams Corridor. Sale includes two tax lots. R308691 (.09 acres) contains a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious 2-bedroom residential units. Possible 3rd bedroom in unit B. Adjacent parcel R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space. Development package and floor plans available. Do not disturb tenants or walk on the property. Cross listed as commercial listing #776426559
  1. Listed by Shelley Zucker • Alternative Realty
  2. Listed by A. Joyce Thomas • Alternative Realty

Property Details for 3122 North Williams Avenue

Subdivision
BOISE ELIOT
Parking Features
On Street
Zoning
CM2
View
City
LISTING UPDATED: 04/10/2026 04:32 PM

Property Details for 3122 North Williams Avenue

StatusActive
MLS #596149847
Days on Market179
Taxes$6,442 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1907
Lot Size0.16 AC / 6,969 SF
CountyMultnomah County
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Location

Listing Courtesy of Alternative Realty
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Building Information for 3122 North Williams Avenue

Stories3Residences3Year Built1907Building Size-Lot Size0.16 AC / 6,969 SF

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$6,392 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,855

Property Taxes

$537

HOA Dues

$0

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Property Information for 3122 North Williams Avenue

Summary
Location and General Information
  • Country: US
  • Directions: North on Williams on the corner of Williams and Fargo.
School Information
  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Annual Amount: $6,441.70
  • Parcel Number: R308691, R308690
  • Tax Legal Description: WILLIAMS AVE ADD, BLOCK 9, LOT 2 TL 16500
Property
Lot Information
  • Acres: 0.16
  • Lot Description: Corner Lot, Level, Trees
  • Lot Size Square Feet: 6969.0
  • Lot Size Dimension: 41X100 and 51X59
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1907
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition, Flat, Rubber
Interior Features
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $89,400.00
  • Gross Rent Multiplier: $13.14
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $78,911.00
  • Operating Expense: $10,489.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3949
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Range, Washer Dryer Hookup, Wood Floors
  • Unit Type 1 Rent: $1,891
  • Unit Type 1 SqFt: 1040.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup, Wood Floors
  • Unit Type 2 Rent: $1,875
  • Unit Type 2 SqFt: 1012.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Features: Storage
  • Unit Type 3 Rent: $3,684
  • Unit Type 3 SqFt: 1896.0
  • Unit Type 3 Units Total: 1

Property History for 3122 North Williams Avenue

DateEvent & SourcePriceAppreciation
Aug 30, 2002

Sold (Public Record)

Public Record #98608348

$299,500—
DateEvent & SourcePrice
08/30/2002

Sold (Public Record)

Public Record #98608348

$299,500

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

Public Records for 3122 North Williams Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$6,442 ($537 / month)
Home Facts
Baths6Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtStories1Lot Size3,737 SqFtStyleQuadraplexYear Built1907ZoningR1DCountyMULTNOMAHAPN1N1E27AA 16500

Schools near 3122 North Williams Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Boise-Eliot Elementary School
Public - PK to 5
Harriet Tubman Middle School
Public - 6 to 8
Jefferson High School
Public - 9 to 12
Self Enhancement Inc/Sei Academy
Charter - 7 to 8
Rating
School
Distance
Boise-Eliot Elementary School
PublicPK to 5

Harriet Tubman Middle School
Public6 to 8

Jefferson High School
Public9 to 12

Self Enhancement Inc/Sei Academy
Charter7 to 8

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 3122 North Williams Avenue, Portland, OR 97227

3122 North Williams Avenue is a multi-family home for sale in Portland, OR 97227. This property was listed for sale on November 25, 2025 by Alternative Realty, it's currently listed at $1,175,000. It has been on the market for a total of 179 days and was last sold on August 30, 2002. This listing's school district is Portland School District 1j. Nearby schools include Boise-Eliot Elementary School, Harriet Tubman Middle School and Jefferson High School. 3122 North Williams Avenue is a 0-bed, 0-bath, 3,949 sqft multi-family home built in 1907.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Alternative Realty

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 © 2026 RMLS, Portland, Oregon. Last updated: 04/10/2026 04:32 PM