For Sale4d on market

125 SE 126th Ave

Portland, OR, 97233 • Hazelwood • Multnomah County

$599,000

$465/sqft

Down payment assistance available

4Beds

2Baths

1,288Sqft

0.34 acLot

1947Built

Property DNA

3 highlights

Territorial Views

Territorial

Bungalow Style

Built 1947 · 79 years of history

Hazelwood

This home is getting attention

Listed 4 days ago · 100 views · 2 saves

Market activity

Demand and pricing signals for this listing

100 views

People checking out this listing

2 saves

Buyers have saved this home

4 days on market

Just listed — act fast

$465/sqft

Price per square foot

Selling Soon Prediction

Moderate

This home ranks in the top 32% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1947

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.

Estimated monthly payment

Based on current rates

$3,749/month

Principal & Interest$2,950

Property Tax$599

Insurance$200

Down payment20% ($119,800)

3%50%

Est. 6.25% rate · 30yr fixed · $479,200 loan

Full calculator →

At a glance

Key facts and listing details

TypeResidential, Single Family Residence

Year Built1947

HeatingBaseboard

ParkingDetached

Lot0.34 Acres

Days on Zillow4 Days

Price/sqft$465

Property

Home typeSingle Family

Sub-typeResidential, Single Family Residence

StyleBungalow

ConditionUpdated/Remodeled

Year built1947

Stories1

Systems

HeatingBaseboard

RoofComposition,Shingle

ConstructionWood Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingDetached

BasementFinished,Full

Lot0.34 Acres

Location & Tax

NeighborhoodHazelwood

ZoningRH

Annual tax$3,882

ParcelR216737

Bathrooms & Fees

Full baths2

Features & details

5 categories of property features

Interior Features

Heating

Baseboard

Exterior Features

Parking

Detached

Construction

Wood Siding

Lot Features

Level

SqFt 10000 to 14999

Views

Territorial

Room details

4 rooms detailed

Master Bedroom

Main

11×12 ft132 sqft

Bedroom2

Main

10×11 ft110 sqft

Bedroom3

Lower

9×11 ft99 sqft

Living Room

Lower

10×12 ft120 sqft

Listing insights

Market data and value estimates

StatusFor Sale

Days on market4

Tax rate0.96%

Price/sqft$465

On marketMar 12, 2026

PostedMar 12, 2026

Last sold$315,000

MLS statusActive

MLS updatedMar 15, 2026

Tour days9

Favorites2

How are the schools in Portland?

3 schools rated nearby

Menlo Park Elementary School

Elementary • Public • K-5

0.4 mi

Floyd Light Middle School

Middle • Public • 6-8

0.9 mi

David Douglas High School

High • Public • 9-12

0.5 mi

Location

Portland, OR, 97233

Expand map

Price history

14 events

DateEventPrice$/sqftSource

Mar 12, 2026Listed For Sale$599,000$465RMLS (OR)

Jul 17, 2025Sold$315,000$245Public Record

Mar 24, 2021Listing Removed——Owner

Oct 4, 2020Listing Removed$545,000$423Owner

Jul 5, 2020Listed For Sale$545,000$423Owner

Sep 18, 2013Sold$131,000$102RMLS (OR)

Aug 10, 2013Listed For Sale$139,900$109Townsend Group Realty

Sep 8, 2011Sold$103,000$80Public Record

Jul 15, 2011Price Change$102,000$79John L Scott Real Estate

Jun 3, 2011Price Change$105,000$82John L Scott Real Estate

Sep 24, 2009Listed For Sale$265,000$206Windermere/Bridgeport Realty Group

Apr 19, 2007Sold$260,000$202Public Record

Dec 19, 2005Sold$169,000$131Public Record

Jan 14, 1997Sold$102,563$80Public Record

Listed For Sale$599,000

Mar 12, 2026•$465/sqft•RMLS (OR)

Sold$315,000

Jul 17, 2025•$245/sqft•Public Record

Listing Removed—

Mar 24, 2021•Owner

Listing Removed$545,000

Oct 4, 2020•$423/sqft•Owner

Listed For Sale$545,000

Jul 5, 2020•$423/sqft•Owner

Sold$131,000

Sep 18, 2013•$102/sqft•RMLS (OR)

Listed For Sale$139,900

Aug 10, 2013•$109/sqft•Townsend Group Realty

Sold$103,000

Sep 8, 2011•$80/sqft•Public Record

Price Change$102,000

Jul 15, 2011•$79/sqft•John L Scott Real Estate

Price Change$105,000

Jun 3, 2011•$82/sqft•John L Scott Real Estate

Listed For Sale$265,000

Sep 24, 2009•$206/sqft•Windermere/Bridgeport Realty Group

Sold$260,000

Apr 19, 2007•$202/sqft•Public Record

Sold$169,000

Dec 19, 2005•$131/sqft•Public Record

Sold$102,563

Jan 14, 1997•$80/sqft•Public Record

Tax history

26 years of records

YearTax paidAssessed value

Mar 16, 2025$3,882$160,560

Mar 16, 2024$3,719$155,890

Mar 16, 2023$3,557$151,350

Mar 16, 2022$3,372$146,950

Mar 16, 2021$3,317$142,670

Mar 16, 2020$3,005$138,520

Mar 16, 2019$2,909$134,490

Mar 16, 2018$2,909$130,580

Mar 16, 2017$2,820$126,780

Mar 16, 2016$2,644$123,090

Mar 16, 2015$2,644$119,510

Mar 16, 2014$2,581$116,030

Mar 16, 2013$2,421$112,660

Mar 16, 2012$2,344$109,380

Mar 16, 2011$2,263$106,200

Mar 16, 2010$2,221$103,110

Mar 16, 2009$2,171$100,110

Mar 16, 2008$2,096$97,200

Mar 16, 2007$2,088$94,370

Mar 16, 2006$1,991$91,630

Mar 16, 2005$1,923$88,970

Mar 16, 2004$1,871$86,380

Mar 16, 2003$1,840$83,870

Mar 16, 2002$1,689$81,430

Mar 16, 2000$1,502$76,760

Mar 16, 1999$1,443$74,530

Nearby homes

Off Market

$310,500

2 bd1 ba720 sqft

121 SE 126th Ave, Portland, OR

Recently Sold

$195,000

2 bd1 ba772 sqft

211 SE 126th Ave APT 9, Portland, OR

Off Market

$180,200

1 ba785 sqft

211 SE 126th Ave APT 2, Portland, OR

Off Market

$194,700

2 bd1 ba860 sqft

211 SE 126th Ave APT 1, Portland, OR

Off Market

$189,700

2 bd1 ba785 sqft

211 SE 126th Ave APT 3, Portland, OR

Off Market

$185,800

2 bd1 ba785 sqft

211 SE 126th Ave APT 4, Portland, OR

Off Market

$183,900

2 bd1 ba785 sqft

211 SE 126th Ave APT 6, Portland, OR

Off Market

$186,400

2 bd1 ba785 sqft

211 SE 126th Ave APT 7, Portland, OR

Neighborhood details

Local context around this listing

Portland, OR • Multnomah County

Nearby neighborhoods

Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns

Nearby cities

Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village

Nearby zip codes

97202972039720697217972199722997230972339723697266

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Value estimates

Live

30yr rate est.6.25%

Affordability$3,592/mo

Accepted financing

CashConventional

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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 brokerage firms other than Zillow, Inc. 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. This content last updated on 2026-03-16 05:24:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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