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Listing provided courtesy of Alternative Realty- MLS# 596149847MLS Provider

3122 N WILLIAMS AVEPortland, OR 97227

Multi-Family · 3,949 Sq. ft. | 0.16 Acres
$1,175,000 Active

3122 N WILLIAMS AVE Overview

Time on Site:
216 days
Visits:
10

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

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3122 N WILLIAMS AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,949
  • Price/Sq.ft. $298
  • Lot 0.16 Acres

Details

General

School Information

  • Elementary School: Boise-Eliot
  • Middle Or Junior School: Harriet Tubman
  • High School: Jefferson

Income/Expenses

  • Gross Income: 89400.0
  • Net Operating Income: 78911.0
  • Operating Expense: 10489.0

Building Information

  • Year Built: 1907

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: BOISE ELIOT

Rent/Lease Information

  • Rent Includes: Maintenance Grounds

Tax Information

  • Tax Annual Amount: 6441.7

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R308691, R308690
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 3949.0

General Information

  • Heating: Wall Heater
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Corner Lot,Level,Trees
  • Lot Size Acres: 0.16
  • Lot Size Dimensions: 41X100 and 51X59
  • Lot Size Square Feet: 6969.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition,Flat,Rubber

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

3122 N WILLIAMS AVE Neighborhood

Community

97227 (Portland) Demographics

34
Median Age
3,694
Population Density (per sq. mile)
72%
College Educated
$75,805
Estimated Median Income
871
Estimated Total Home Owners
2,279
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3122 N WILLIAMS AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3122 N WILLIAMS AVE Market Data

Based on the last 30 days in this zip code

$685,992
Average List Price
$347
Average Price per Square Foot
1
Properties Sold
78
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network

3122 N WILLIAMS AVE History

Date Event Value Agent
4/10/2026Source: Regional MLS Price Reduction
$1,175,000 -6.0%
4/10/2026Source: Regional MLS Price Reduction
$1,175,000 -6.0%
1/5/2026Source: Regional MLS Price Reduction
$1,250,000 -10.7%
1/5/2026Source: Regional MLS Price Reduction
$1,250,000 -10.7%
12/5/2025Source: Regional MLS Price Reduction
$1,400,000 -12.5%
12/5/2025Source: Regional MLS Price Reduction
$1,400,000 -12.5%
11/25/2025Source: Regional MLS Added to Database
November 25, 2025
11/25/2025Source: Regional MLS Added to Database
November 25, 2025