This exceptional brick building presents a rare opportunity to occupy a distinctive property in the heart of Portland's downtown. Built in 1902, this charming building features a dramatic spiral staircase connecting two office floors, skylights, and high ceilings that showcase its historic character. The flexible floor plan includes multiple offices, a conference space, a kitchen area. Located just steps from multiple bus lines, the property provides exceptional transit connectivity with an 11-minute walk to Union Station and 21-minute drive to PDX airport. This building offers a unique architectural character and unbeatable downtown accessibility, for any business looking to stand apart from conventional office space. Seller has an active real estate license in OR.
- MLS# 482653781
- Date Listed11/19/2025
- Days on Realty 26 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.06 acres (2,613 sq. ft)
- Sewer Public Sewer
- Property Type
- County Multnomah
- Year Built 1902
- Water Public
- Square Feet 4,375 sq. ft
- Price Per Sq. Ft $640
Interior Features
- Cooling Central Air
- Heating Forced Air
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.06
- Lot Size SQFT 2,613.00
- Lot Features -
Directions
SW 3rd Ave between SW Ash St and SW Pine St
Financial Considerations
- Tax Amount $11,795
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • 1 - 5 • Serves this home
2.04 mi
Distance
Public • 6 - 8 • Serves this home
1.84 mi
Distance
Public • 9 - 12 • Serves this home
1.18 mi
Distance
Public • 1 - 5 • Serves this home
2.04 mi
Distance
Public • PK - 5
2.45 mi
Distance
Boise-eliot/humboldt Elementary School
Public • PK - 5
2.83 mi
Distance
Public • 1 - 8
3.85 mi
Distance
Dr Martin Luther King Jr Elementary School
Public • PK - 5
3.94 mi
Distance
Public • PK - 5
5.1 mi
Distance
Public • PK - 8
5.37 mi
Distance
Public • PK - 5
6.02 mi
Distance
Public • 6 - 8 • Serves this home
1.84 mi
Distance
Public • 6 - 8
2.35 mi
Distance
Public • 6 - 8
2.63 mi
Distance
Public • 6 - 8
4.59 mi
Distance
Public • 6 - 8
4.69 mi
Distance
Public • 6 - 8
4.85 mi
Distance
Public • 6 - 8
5.16 mi
Distance
Public • 6 - 8
6.13 mi
Distance
Public • 6 - 8
6.25 mi
Distance
Public • 6 - 8
6.41 mi
Distance
Public • 9 - 12 • Serves this home
1.18 mi
Distance
Public • 9 - 12
3.21 mi
Distance
Public • 9 - 12
3.55 mi
Distance
Public • 9 - 12
3.83 mi
Distance
Public • 9 - 12
4.35 mi
Distance
Public • 9 - 12
4.96 mi
Distance
Alliance High School @ Meek Campus
Public • 9 - 12
5.35 mi
Distance
Alliance High School @ Kenton Campus
Public • 9 - 12
5.85 mi
Distance
Public • 9 - 12
7.21 mi
Distance
Public • 9 - 12
8.27 mi
Distance
Private • 07 - 12
0.45 mi
Distance
Private • 06 - 12
0.45 mi
Distance
Urban Education Alternative School Outside In School
Private • 09 - 12
1.18 mi
Distance
Private • 09 - 12
1.27 mi
Distance
Private • PK - 12
1.27 mi
Distance
Private • UG - UG
1.84 mi
Distance
Private • 09 - 12
2.35 mi
Distance
Pacific Crest Community School
Private • 06 - 12
2.35 mi
Distance
Private • UG - UG
3.2 mi
Distance
Rosemary Anderson High School/portland Oic
Private • 09 - 12
3.83 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 433 SE 30TH AVE | Listing | 4 | 2 | Nov 09, 2025 | $655,000 | Mar 21, 2024 | $702,483 |
| 2335 SE 11TH AVE | Listing | 3 | 2 | Nov 09, 2025 | $500,000 | Feb 23, 2024 | $481,938 |
| 1710 SE SALMON ST | Listing | 5 | 4 | Nov 09, 2025 | $984,000 | Mar 21, 2024 | $1,051,000 |
| 1223 SE 15TH AVE | Listing | 4 | 3 | Nov 09, 2025 | $799,900 | Mar 21, 2024 | $795,196 |
| 1838 SE LAVENDER ST | Listing | 2 | 2 | Nov 09, 2025 | $800,000 | Mar 21, 2024 | $729,138 |
| 3065 NE IRVING ST | Listing | 4 | 2 | Nov 09, 2025 | $679,950 | Feb 15, 2023 | $656,900 |
| 130 S THOMAS ST | 3 | 2 | Nov 09, 2025 | $499,000 | Dec 15, 2025 | - |
| 1820 NE 13TH AVE | 3 | 2 | Nov 09, 2025 | $649,900 | Dec 15, 2025 | - |
| 1840 SE TAGGART ST | Listing | 2 | 1 | Nov 09, 2025 | $549,900 | Feb 23, 2024 | $508,077 |
| 2417 NE 18TH AVE | Listing | 4 | 2 | Nov 09, 2025 | $1,375,000 | Mar 21, 2024 | $1,256,407 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 1,125 | 653,275 | 814,924 | 335,858,263 |
| Population Density | 4,562 | 4,895 | 1,890 | 95 |
| People per Household | 1.1 | 2.2 | 2.3 | 2.6 |
| Median Age | 43.5 | 40.2 | 39.9 | 39.1 |
| Median Income | $20,126 | $76,036 | $73,740 | $66,222 |
| Average Income | $19,824 | $44,938 | $42,394 | $35,475 |
| Cost of Living Index | 40 | 91 | 93 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 36.7°F | 36.14°F | 34.2°F | 22.6°F |
| July Avg. High Temp | 78.9°F | 78.99°F | 79.3°F | 86.2°F |
| Annual Precipitation | 43.16" | 41.79" | 37.07" | 38" |
96/100
Walker's Paradise
Walk Score ®
93/100
Rider's Paradise
Transit Score ®
99/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
50 nearby routes: 42 bus, 8 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 55/100, Bike Score: 82/100.
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Frequently Asked Questions for 122 SW 3RD AVE
Source: Realty.com
122 SW 3RD AVE, Portland, OR 97204 is a , Commercial Sale property listed for $2,800,000 The property is 4375 sq. ft with - bedrooms and 0 bathrooms
Our records indicate that 122 SW 3RD AVE was built in 1902.
The full address for this home is 122 SW 3RD AVE, Portland, OR 97204.
122 SW 3RD AVE has been listed on Realty.com since Wed November 19, 2025
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 55/100, Bike Score: 82/100.
There are 3 schools assigned to this home. Check out the schools near 122 SW 3RD AVE. Chapman Elementary School (Grades: 1 - 5), Tubman Middle School (Grades: 6 - 8), Lincoln High School (Grades: 9 - 12)
Listing provided courtesy of:
Luxe Forbes Global Properties
(tel: 503-389-2112)
Listing agent:
Vince Cortese
(tel: 503-380-8570)
(#CORTESEV)
This content last refreshed on 2025-12-15 00:21:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 122 SW 3RD AVE, Portland, OR 97204 : MLS# 482653781