11851 SE MADISON ST
Portland, OR, 97216 $ 564,950
Bedrooms3 Baths2.0 Sq 2,458 Monthly Estimate*
$ 3,525
for $564,950 with 3 bedrooms and 2 full baths. This 2,458 square foot home was built in 1955 on a lot size of 0.27.
OPEN HOUSE SUNDAY NOVEMBER 2ND FROM 1-3PM! Lovingly maintained by the same owner for over 35 years this spacious 3-bedroom, 2-bath daylight ranch is rich with mid-century modern character—clean lines, natural light, and timeless design elements throughout.The main level showcases beautiful refinished hardwood floors, a generous living room with an expansive picture window, gas fireplace, and a formal dining area with tray ceiling perfect for gatherings. The cozy kitchen with a sunny breakfast nook captures the charm of the era, while fresh interior paint, updated light fixtures and stainless steel appliances bring a refreshed feel. A wood stove downstairs and a gas fireplace upstairs add warmth and vintage ambiance.The full lower-level apartment—with a private entrance—offers incredible versatility. Ideal for rental income, guests, or multi-generational living, it features a large family room, dining area, kitchenette, full bath, and a 3rd bedroom. A spacious laundry/utility room provides ample storage and workspace.A generous 4-car garage is paired below with a spacious 15x20 unfinished bonus area—ideal for a creative studio, sleek home office, or functional workshop. Set on an oversized lot surrounded by mature landscaping, this park-like setting with idyllic pathways features a fully fenced private backyard with spacious garden area, fruit trees, a storage shed,fire pit, space for a pool and is patio—perfect for outdoor entertaining. Conveniently located near parks, shops, and transit, this timeless mid-century residence is ready for its next chapter. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242335]
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Single Family ActiveDaylightRanch,MidCenturyModern
FeaturesInteriorInterior Amenities GarageDoorOpener HardwoodFloors Laundry SeparateLivingQuartersApartmentAuxLivingUnit WalltoWallCarpet WasherDryer WoodFloors
Basement Daylight Finished SeparateLivingQuartersApartmentAuxLivingUnit
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ForcedAir95Plus WoodStove
Roof Composition
Appliances BuiltinOven Cooktop Dishwasher Disposal FreeStandingRefrigerator Microwave StainlessSteelAppliance
Garage Spaces 4.0
Architectural Style DaylightRanch MidCenturyModern
Year Built 1955
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R240885
Accessibility GarageonMain Parking
County Multnomah
Property Type Residential
HOA N
Subdivision Name Mill Park
Full Baths 2
Status Active
Directions 122nd Ave West on Main St to 120th Ave to Madison
High School David Douglas
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 11761.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ventura Park
Tax Annual Amount 6382.75
Middle/Junior High School Floyd Light
Property Condition Resale
Virtual Tour https://media.showingtimeplus.com/sites/zezzvvz/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PATRICIA ADD BLOCK 3 LOT 9 W 10' OF LOT 10
ADU False
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ExteriorExterior Amenities Deck Fenced Garden Patio RVParking StormDoor ToolShed Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Garage Type Attached ExtraDeep Oversized
Exterior Description LapSiding
Building Area Total 2458.0
Lot Dimensions 11 700 Sq Ft
Lot Size Acres 0.27
Road Surface Type Paved
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* Excluded FeaturesList ByBramwell PropertiesBroker
bramwellproperties@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,525
- Monthly Property Taxes
- $532
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $731,330
Percent of Sale Price 29%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949618 Elementary School
1949051 Middle School
David Douglas High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/19/2025 | $564,950 | -2.51% | Price Down |
| 11/5/2025 | $579,500 | -3.41% | Price Down |
| 10/18/2025 | $599,950 | | Listed Price |