3122 North Williams Avenue

Portland, OR 97227

$1,300,000
Price
Beds
3,949 Sq. Ft.
$329 / Sq. Ft.
3,949
Sq. Ft.
$329
per Sq. Ft.

Description

Fantastic owner occupied/development/ investment/urban farm opportunity on the Williams Corridor. Sale includes two parcels. R308691 (.09 acres) is a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious (over 1000 sq ft). Unit A rents is on a month:month and unit B is on a lease through 9/25. Tenants pay all utilities. Possible 3rd bedroom in unit B, currently used as a large laundry room. Adjacent R308690 (.07 acres) is an undeveloped corner...Fantastic owner occupied/development/ investment/urban farm opportunity on the Williams Corridor. Sale includes two parcels. R308691 (.09 acres) is a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious (over 1000 sq ft). Unit A rents is on a month:month and unit B is on a lease through 9/25. Tenants pay all utilities. Possible 3rd bedroom in unit B, currently used as a large laundry room. Adjacent 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. Showings contingent on accepted offer. Contact agent with questions. Commercial CM2 zoning- cross listed as MLS# 2419822.
  1. Listed by Shelley Zucker • Alternative Realty
  2. Listed by A. Joyce Thomas • Alternative Realty

Property Details for 3122 North Williams Avenue

Subdivision
BOISE ELIOT
Parking Features
Off Street
Zoning
CM2
Parking Total
1.00
LISTING UPDATED: 11/07/2024 02:10 PM

Property Details for 3122 North Williams Avenue

StatusActive
MLS #24252160
Days on Market297
Taxes$9,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1907
Lot Size0.16 AC / 6,969 SF
CountyMultnomah County

Building Information for 3122 North Williams Avenue

Stories3Residences3Year Built1907Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 3122 North Williams Avenue

Summary
Location and General Information
  • Country: US
  • Directions: North on Williams on the corner of Williams and Fargo.
  • Road Surface: Gravel
School Information
  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $9,337.00
  • Parcel Number: R308691
  • Parcel Number 2: R308690
  • Tax Legal Description: WILLIAMS AVE ADD, BLOCK 9, LOT 2 TL 16500
Property
Lot Information
  • Acres: 0.16
  • Lot Description: Corner Lot, Orchard
  • Lot Size Square Feet: 6969.0
  • Lot Size Dimension: 41X100 + 51X50
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Unknown
  • Year Built: 1907
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition, Rubber
Interior Features
  • Basement: Other
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $86,784.00
  • Gross Rent Multiplier: $14.98
  • Investor Information: According To Owner
  • Net Income Actual: $76,765.00
  • Operating Expense: $10,019.00
  • Security Features: Unknown
  • Storage: Deck
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3949
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup, Wood Floors
  • Unit Type 1 Rent: $1,885
  • Unit Type 1 SqFt: 1152.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Hardwood Floors, Refrigerator
  • Unit Type 2 Rent: $1,875
  • Unit Type 2 SqFt: 1077.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $3,472
  • Unit Type 3 SqFt: 1964.0
  • Unit Type 3 Units Total: 1

Property History for 3122 North Williams Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3122 North Williams Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Boise-Eliot Elementary School
PublicPK to 5

Harriet Tubman Middle School
Public6 to 8

Grant High School
Public9 to 12

Jefferson High School
Public9 to 12

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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3122 North Williams Avenue is a multi-family home for sale in Portland, OR 97227. This property was listed for sale on January 25, 2024 by Alternative Realty, it's currently listed at $1,300,000. It has been on the market for a total of 297 days and was last sold on August 30, 2002. This listing's school district is Portland School District 1j. Nearby schools include Boise-Eliot Elementary School, Harriet Tubman Middle School and Grant High School. 3122 North Williams Avenue is a 0-bed, 0-bath, 3,949 sqft multi-family home built in 1907.

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 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 Alternative Realty

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