6 months on rocket

2359 SE 124th Ave, Portland, OR, 97233

$450,000

0.43 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
MLS #24371497
Lot Size0.43 Acres
StatusActive

About 2359 SE 124th Ave

Opportunity awaits! This property is ideally located close to mass transportation, shopping, and entertainment. With an existing foundation in place from a 10-unit building, you possibly have the option to use the existing foundation or build new for higher density. - The property is situated in a CM2 zone, a medium-scale, commercial mixed-use zone perfect for sites in various centers and corridors, other mixed-use areas with frequent transit, or larger areas designated for multi-dwelling development. Buildings in this zone can typically be up to four stories, with potential bonuses allowing up to five stories in some locations. - Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units near transit. Specific allowable uses in this zone include retail sales and services, office space, household living, vehicle repair, institutional uses, and limited manufacturing. - Buyers are advised to verify all information and conduct their own due diligence.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Northwest
  • Office Phone: (503) 287-8989
  • Listing Agent: Shawn Watson

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Other

Directions Information:

  • Directions: Division, North on 124th, property on westside

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $4,707
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

2359 SE 124th Ave vs Portland

184 DAYS ON ROCKET

+130 Days

$450,000

-$92.3K Less

KEY TAKEAWAY

This property is $92.3K less than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24371497

Listing Office:

  • Office Name: RE/MAX Northwest
  • Office Phone: (503) 287-8989
  • Listing Agent: Shawn Watson

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2016Home Sold
$205,000
Mar 24, 2016Home Sold
$160,000
Jun 06, 2013Home Sold
$140,000
Feb 06, 2004Home Sold
$565,000
Dec 24, 2001Home Sold
$460,000
Sep 11, 1990Home Sold
$57,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,707$217,010
2018$4,417$204,560
2017$3,334$198,610

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4470567
2
/10
  • Mill Park Elementary School

  • 1900 SE 117th Ave

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-4470568
2
/10
  • West Powellhurst Elementary School

  • 2921 SE 116th Ave

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-4470569
3
/10
  • Lincoln Park Elementary School

  • 13200 SE Lincoln St

  • 0.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,503. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2359 SE 124th Ave

What is the listing price of this property?

The listing price of 2359 SE 124th Ave property is $450,000.

What type of property is this?

The property 2359 SE 124th Ave is land located in Portland, Oregon, 97233.

Is this property for sale now?

Active Listing: 2359 SE 124th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,707 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 2016 for $205,000. (source: MLS/tax record).

How much acreage is this property?

The property 2359 SE 124th Ave is 0.43 acres.
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Rocket HomesOregonMultnomah CountyPortland972332359 SE 124th Ave

This home is located at 2359 SE 124th Ave in Portland, OR and zip code 97233 in the East Portland neighborhood. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since June 16, 2024 and is currently priced at $450,000.

Portland, OR housing market in November 2024 saw over 253 listings sold above listed price, more than 166 sold at listed price and over 320 sold below. In November 2024 in Portland, OR there were 11.9% less homes for sale than in October 2024. In November 2024 median list price was $542,392 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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