3122 N Williams Ave, Portland, OR 97227 - Photo 1

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$1,250,000

For Sale
Active
Multi-Family
Updated 12 days ago

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Property 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. Development package and floor plans available. Do not disturb tenants or walk on the property. Cross listed as commercial listing #776426559

Full Property Details

Full Property Details for 3122 N Williams Ave

General

Price: $1,250,000
Taxes: $6,441
Status: Active
Type: Multi-Family
Source: RWMLS
MLS ID: 596149847
Updated: 1/5/2026
Added to Site: 54 day(s) ago

Rental Information

Rent Includes: Maintenance Grounds

Parking

Parking Features: On Street

Location

County: Multnomah
Subdivision: BOISE ELIOT
Driving Directions: North on Williams on the corner of Williams and Fargo.

School Information

Elementary School: Boise-Eliot
Middle School: Harriet Tubman
High School: Jefferson

Community

Community Name: 141 - Portland North

Heating & Cooling

Heating Type: Wall Heater
Heating Fuel: Electricity

Utilities

Sewer: Public Sewer
Water: Public Water

Structural Information

Property Detached: Yes
Roof: Composition, Flat, Rubber
Stories/Levels: 3
Square Feet: 3,949
Year Built: 1907
Property Condition: Existing

Lot Features

Lot Size (Acres): 0.16
Lot Size (Sq. Ft.): 6,969
Lot Size: 5, 000 to 6, 999 SqFt
Lot Dimensions: 41 x 100 and 51 x 59
Lot Features: Corner Lot, Level, Trees

Financial Considerations

Operating Expenses: $10,489
Tax Amount: $6,441.7
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: WILLIAMS AVE ADD, BLOCK 9, LOT 2 TL 16500
Disclosures/Reports: Disclosure
Property ID: R308691, R308690

Listed by Alternative Realty (541) 726-0400, Shelley Zucker (503) 706-2548 and Alternative Realty (541) 726-0400, A. Joyce Thomas (541) 729-1496

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Listing agents

— 3122 N Williams Ave —

Shelley Zucker

Alternative Realty

541-726-0400
A. Joyce Thomas

Alternative Realty

541-726-0400

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Schools

Schools serving 3122 N Williams Ave

School District:Portland School District 1j

Name	Grades	Distance
Boise-Eliot Elementary School 620 North Fremont Street, Portland, OR 97227	PK-5	0.3 mi
Harriet Tubman Middle School 2231 North Flint Avenue, Portland, OR 97227	6-8	0.5 mi
Jefferson High School, Portland, OR 5210 North Kerby Avenue, Portland, OR 97217	9-12	1.1 mi
Grant High School 2245 Northeast 36th Avenue, Portland, OR 97212	9-12	2 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 3122 N Williams Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/05/2026

Price Reduced

$1,250,000

-10.71%

MLS

12/05/2025

Price Reduced

$1,400,000

-12.5%

MLS

11/25/2025

Listed

$1,600,000

434.22%

MLS

8/30/2002

Sold

$299,500

—

Public Record

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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

Tax History for 3122 N Williams Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,442

$239,070

2024

$6,210

$232,110

2023

$5,971

$225,350

2021

$5,743

-2%

$212,420

-3%

2022

$5,842

$218,790

2021

$5,743

13%

$206,240

2019

$5,075

$200,240

2018

$4,926

$194,410

2017

$4,721

$188,750

2016

$4,321

$183,260

2015

$4,208

$177,930

2014

$4,144

$172,750

2013

$4,048

—

$167,720

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3122 N Williams Ave

3122 N Williams Ave, Portland, OR 97227 (MLS# 596149847) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 3122 N Williams Ave is currently listed for $1,250,000 and was received on November 25, 2025. Want to learn more about 3122 N Williams Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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3122 N Williams Ave Portland, OR 97227