Portland · Commercial sale
Arlington Place buys 1901 SE 122nd Ave in Portland for $5.35 million
An apartment complex at 1901 SE 122nd Ave, Portland sold for $5,350,000 on October 2, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $5,350,000
- Sold
- October 2, 2026
- Property type
- Apartment complex
- Building area
- 36,134 sq ft
- Price per sq ft
- $148
- Year built
- 1999
The apartment complex at 1901 SE 122nd Ave in Portland sold for $5,350,000 on October 2, 2026, according to Multnomah County Assessor's sales records. That was 15% below its recorded market value of $6,323,710.
The record lists Arlington Place LLC as the buyer.
Assessor's records show 36,134 square feet of building area, a build year of 1999 and a 0.94-acre lot. The price works out to $148 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Multnomah County?
By our estimate, the seller's two largest charges, not counting prorations, were $10,830 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Multnomah County custom.
How much did the seller net?
By our estimate, the seller netted about $5,326,060. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $5,338,346 at closing. That covers the full price and closing costs.
Source: Multnomah County Assessor, via PortlandMaps taxlots, document R145762-20261002. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.