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$2,800,000

  • For Sale
  • Active
  • Office
See This Home
Save This Home
See This Home
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This exceptional brick building presents a rare opportunity to occupy a distinctive property in the heart of Portland's downtown. Built in 1902, this charming building features a dramatic spiral staircase connecting two office floors, skylights, and high ceilings that showcase its historic character. The flexible floor plan includes multiple offices, a conference space, a kitchen area. Located just steps from multiple bus lines, the property provides exceptional transit connectivity with an 11-minute walk to Union Station and 21-minute drive to PDX airport. This building offers a unique architectural character and unbeatable downtown accessibility, for any business looking to stand apart from conventional office space. Seller has an active real estate license in OR.

Full Property Details for 122 SW 3rd Ave

General

  • Price: $2,800,000
  • Taxes: $11,795 (2025)
  • Status: Active
  • Type: Office
  • Source: RWMLS
  • MLS ID: 482653781
  • Updated: 12/1/2025
  • Added to Site: 106 day(s) ago

Parking

  • Parking Features: On Street

Location

  • County: Multnomah
  • Driving Directions: SW 3rd Ave between SW Ash St and SW Pine St

Community

  • Community Name: 141 - Portland North

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Stories/Levels: 2
  • Square Feet: 4,375
  • Current Bldg. Use: Office
  • Year Built: 1902

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,613
  • Lot Size: 0K to 2, 999 SqFt

Financial Considerations

  • Tax Amount: $11,795.22
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PORTLAND, BLOCK 31, N 1/2 OF LOT 6
  • Property ID: R246040

Listed by LUXE Forbes Global Properties (503) 389-2112, Vince Cortese (503) 380-8570

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Listing agent

— 122 SW 3rd Ave —

  • Vince Cortese

    LUXE Forbes Global Properties

    503-389-2112

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 122 SW 3rd Ave

School District:Portland School District 1j
NameGradesDistance
Chapman Elementary School
1445 Northwest 26th Avenue, Portland, OR 97210
K-51.8 mi
West Sylvan Middle School
8111 Southwest West Slope Drive, Portland, OR 97225
6-84.4 mi
Lincoln High School, Portland, OR
1750 Southwest Salmon Street, Portland, OR 97205
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 122 SW 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Listed
$2,800,000
79.49%
MLS
8/03/2021
Sold
$1,560,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 122 SW 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,795
4%
$438,160
3%
2024
$11,371
4%
$425,400
3%
2023
$10,934
4%
$413,010
6%
2021
$10,517
-2%
$389,320
-3%
2022
$10,697
2%
$400,990
6%
2021
$10,517
13%
$377,990
3%
2019
$9,292
3%
$366,990
3%
2018
$9,019
4%
$356,310
3%
2017
$8,644
9%
$345,940
3%
2016
$7,911
3%
$335,870
3%
2015
$7,703
2%
$326,090
3%
2014
$7,587
2%
$316,600
3%
2013
$7,410
—
$307,380
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LUXE Forbes Global Properties (503) 389-2112, Vince Cortese (503) 380-8570

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122 SW 3rd Ave, Portland, OR 97204 (MLS# 482653781) is a Office property. 122 SW 3rd Ave is currently listed for $2,800,000 and was received on November 19, 2025. Want to learn more about 122 SW 3rd Ave? Do you have questions about finding other Office real estate for sale in Portland International Airport? You can browse all Portland International Airport real estate or contact a Coldwell Banker agent to request more information.

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