3223 SE 122nd Ave

Portland, OR 97236

$685,000
Price
—
Beds
—
Baths
2,326 Sq. Ft.
$294 / Sq. Ft.
2,326
Sq. Ft.
$294
per Sq. Ft.
an aerial view of a houses with yard
an aerial view of a house with a garden
a view of a yard in front of a house with plants
a kitchen with stainless steel appliances granite countertop a refrigerator a stove top oven a sink and dishwasher
a view of an empty room
a kitchen with granite countertop wooden cabinets a stove top oven and stainless steel appliances
a kitchen with stainless steel appliances a refrigerator and a sink
a bathroom with a sink and a mirror
a view of a bathroom from a hallway
a view of an empty room with a window
a view of an empty room
a bathroom with a toilet a sink and mirror
a bathroom with a bath tub with a shower
a view of an empty room with a window
a view of an empty room
a view of empty room
a view of a backyard with a sink
an aerial view of multiple house
a picture of a book and a white refrigerator

Description

Modern dual-dwelling property built in 2018 offering exceptional flexibility and income potential. The main home features 4 bedrooms, 2.5 baths, and 1,572 sq ft of well-designed living space with solid surface countertops, a spacious primary suite with dual sinks and a walk-in closet, private patio, and attached garage. The detached ADU provides an additional 754 sq ft with 2 bedrooms, 1.5 baths, washer/dryer hookups, its own patio, and a dedicated garage, ideal for extended family, guests, or rental...Modern dual-dwelling property built in 2018 offering exceptional flexibility and income potential. The main home features 4 bedrooms, 2.5 baths, and 1,572 sq ft of well-designed living space with solid surface countertops, a spacious primary suite with dual sinks and a walk-in closet, private patio, and attached garage. The detached ADU provides an additional 754 sq ft with 2 bedrooms, 1.5 baths, washer/dryer hookups, its own patio, and a dedicated garage, ideal for extended family, guests, or rental income. This property presents a rare investment opportunity with multiple use options: multigenerational living, owner-occupy one unit while renting the other, or lease both units for maximum return.

Property Details for 3223 Southeast 122nd Avenue

Parking Features
Garage
Zoning
R5
Garage Spaces
2.00
LISTING UPDATED: 12/17/2025 04:47 PM

Property Details for 3223 Southeast 122nd Avenue

StatusActive
MLS #659121540
Days on Market6
Taxes$7,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2018
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Li Lanz Properties, LLC
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Building Information for 3223 Southeast 122nd Avenue

Stories2Residences2Year Built2018Building Size-Lot Size-

Payment Calculator

$4,027 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,385

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3223 Southeast 122nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE 122nd Ave, north of Powell Blvd
  • Road Surface: Paved
School Information
  • Elementary School: Mill Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell
Taxes and HOA
  • Tax Annual Amount: $7,702.28
  • Parcel Number: R333880
  • Tax Legal Description: SECTION 10 1S 2E, TL 3800 0.17 ACRES
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 2018
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $52,560.00
  • Gross Rent Multiplier: $13.03
  • Net Income Actual: $43,310.00
  • Operating Expense: $9,250.00
  • Security Features: None
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2326
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $2,490
  • Unit Type 1 SqFt: 1572.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 1.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,890
  • Unit Type 2 SqFt: 754.0
  • Unit Type 2 Units Total: 1

Schools near 3223 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 3223 Southeast 122nd Avenue, Portland, OR 97236

3223 Southeast 122nd Avenue is a multi-family home for sale in Portland, OR 97236. This property was listed for sale on December 17, 2025 by Li Lanz Properties, LLC, it's currently listed at $685,000. 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. 3223 Southeast 122nd Avenue is a 0-bed, 0-bath, 2,326 sqft multi-family home built in 2018.

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 Li Lanz Properties, LLC

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: 12/17/2025 04:47 PM