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125 SE 126th Ave, Portland, OR 97233

$599,000
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Property Description

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.

125 SE 126th Ave | MLS# 383110687

This single family home located at 125 SE 126th Ave, Portland, OR 97233 is currently listed for sale with an asking price of $599,000. This property was built in 1947 and has 4 bedrooms and 2 full baths with 1288 sq. ft. SE 126th Ave is located in the Hazelwood subdivision. Search Hazelwood real estate on tinaroberts.bendpremierrealestate.com today.

New to the Market Pending
BEDS4 BATHS2 full SQUARE FEET1,288 MLS#383110687
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Property Features

Property Type: Residential - Single Family
Basement: Finished, Full Basement
Basement: Yes
Fuel Type: Electricity
Heating: Baseboard
Home Style: 2 Story, Bungalow
Lot Size: 0.34 Acres
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $3,882
Year Built: 1947
Square Feet: 1,288

Feature Descriptions

Bathroom: 1.0 (Lower), 1.0 (Main)
Days on Site: 6
Exterior: Wood Siding
Lot: Level
Lot Dimensions: 150x100
Parking Notes: Detached
Sewer: Public Sewer
Special View Info: Territorial
Square Footage: 644 (Lower), 644 (Main)
Water: Public Water

Room Sizes

2nd Bedroom: 10 X 11 Level - Main
3rd Bedroom: 9 X 11 Level - Lower
Living Room: 10 X 12 Level - Lower
Primary Bedroom: 11 X 12 Level - Main

Local Schools

High School: David Douglas
Middle School: Floyd Light
Elementary School: Menlo Park

Listed By / Shown By

Listed By

Agency Name: Epique Realty
Agency Contact: 503-307-0769

Shown By

Agent Name: Tina Roberts Broker
Agent Phone: (541) 419-9022
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 3,527.08 per month $3,028.87 Principal & Interest $323.50 Property Tax $174.71 Homeowner's Insurance

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 419-9022
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 1:31:30 AM EST) or RMLS (last updated Thu 03/19/2026 1:29:17 AM EST) or COAR/MLSCO (last updated Thu 03/19/2026 1:21:23 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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