125 SE 126th Ave, Portland, OR 97233

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
125 SE 126th Ave,Portland, OR 97233
$599,000
  • 4 Beds
  • 2 Baths
  • 1,288 sq. ft.
  • Single family
  • Pending
Listed by: paul campbell
Office: epique realty503-819-9191
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
  • Subdivision & Development:Hazelwood
  • Listing ID #:383110687
  • Added:155 day(s) ago
  • Updated:August 15, 2026 at 08:18 AM

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)
MLS LogoAll 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 Better Homes and Gardens Real Estate Equinox 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: August 15, 2026

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