12011 SE MARKET ST Portland, OR $ 609,000
12011 SE MARKET ST
$ 609,000
Share Save

12011 SE MARKET ST

Portland, OR, 97216
$ 609,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 3,845

12011 SE MARKET ST, Portland, OR 97216 - Image 1
12011 SE MARKET ST, Portland, OR 97216 - Image 2
12011 SE MARKET ST, Portland, OR 97216 - Image 3
12011 SE MARKET ST, Portland, OR 97216 - Image 4
12011 SE MARKET ST, Portland, OR 97216 - Image 5
12011 SE MARKET ST, Portland, OR 97216 - Image 6
12011 SE MARKET ST, Portland, OR 97216 - Image 7
12011 SE MARKET ST, Portland, OR 97216 - Image 8
12011 SE MARKET ST, Portland, OR 97216 - Image 9
12011 SE MARKET ST, Portland, OR 97216 - Image 10
12011 SE MARKET ST, Portland, OR 97216 - Image 11
12011 SE MARKET ST, Portland, OR 97216 - Image 12
12011 SE MARKET ST, Portland, OR 97216 - Image 13
12011 SE MARKET ST, Portland, OR 97216 - Image 14
12011 SE MARKET ST, Portland, OR 97216 - Image 15
12011 SE MARKET ST, Portland, OR 97216 - Image 16
12011 SE MARKET ST, Portland, OR 97216 - Image 17
12011 SE MARKET ST, Portland, OR 97216 - Image 18
12011 SE MARKET ST, Portland, OR 97216 - Image 19
12011 SE MARKET ST, Portland, OR 97216 - Image 20
12011 SE MARKET ST, Portland, OR 97216 - Image 21
12011 SE MARKET ST, Portland, OR 97216 - Image 22
12011 SE MARKET ST, Portland, OR 97216 - Image 23
12011 SE MARKET ST, Portland, OR 97216 - Image 24
12011 SE MARKET ST, Portland, OR 97216 - Image 25
12011 SE MARKET ST, Portland, OR 97216 - Image 26
12011 SE MARKET ST, Portland, OR 97216 - Image 27
12011 SE MARKET ST, Portland, OR 97216 - Image 28
12011 SE MARKET ST, Portland, OR 97216 - Image 29
12011 SE MARKET ST, Portland, OR 97216 - Image 30
12011 SE MARKET ST, Portland, OR 97216 - Image 31
12011 SE MARKET ST, Portland, OR 97216 - Image 32
12011 SE MARKET ST, Portland, OR 97216 - Image 33
12011 SE MARKET ST, Portland, OR 97216 - Image 34
12011 SE MARKET ST, Portland, OR 97216 - Image 35
12011 SE MARKET ST, Portland, OR 97216 - Image 36
12011 SE MARKET ST, Portland, OR 97216 - Image 37
12011 SE MARKET ST, Portland, OR 97216 - Image 38
12011 SE MARKET ST, Portland, OR 97216 - Image 39
12011 SE MARKET ST, Portland, OR 97216 - Image 40
12011 SE MARKET ST, Portland, OR 97216 - Image 41

Multi-Family Home for sale in Portland, OR

for $609,000 with 6 bedrooms and 3 full baths. This home was built in 1961 on a lot size of 0.26.

Extensively updated triplex offering stable long term tenancy, significant capital improvements, and future rental upside. Major improvements completed in 2023 and 2024 include new electrical meters for all three units, exterior paint, soffits, gutters, landscaping, concrete walkways, quartz countertops, refinished hardwood floors, interior paint, updated fixtures, and select new appliances. One spacious unit features a private patio, bonus room or office, and attached garage, while the additional two units each include oversized private storage rooms of approximately 20 x 5 feet. Every unit offers designated off street parking, plus visitor parking and shared outdoor space. Current rents reflect long term tenancy with documented upside as units transition toward market rents. Financials, leases, and a detailed improvement list are available upon request. Owner occupied purchase opportunities may be available. Please do not disturb tenants.

See more

Multi-Family Active

Price

$ 609,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,963

Style

Lot Size

0.26

Year Built

1961

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

646112361

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling WallUnit
Roof Composition
Zoning R3A
Garage Spaces 1.0
Year Built 1961
Stories Count 1
Tax Year 2025
Parcel Number R332052
Gross Income 56822.0
County Multnomah
Net Operating Income 41236.0
Operating Expense 15586.0
Property Type MultiFamily
HOA N
Subdivision Name Triplex 12011 -12017 SE Market
Rent Includes TrashCollection
Status Active
Directions E Stark S on 122nd W on Market - Park in visitor Parking [12011-12017 SE MARKET]
High School David Douglas
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 11325.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ventura Park
Tax Annual Amount 6963.56
Middle/Junior High School Floyd Light
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 03 1S 2E TL 9300 0.26 ACRES
See more
Interior
Basement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
See more
Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 5.0
Exterior Description LapSiding
Lot Size Acres 0.26
Road Surface Type Paved
See more
Internal Only
Street Number 1 12011
See more
* Excluded Features
List By
The Agency Portland

Broker

ALIA.HAZEN@GMAIL.COM

Email

Affordability Calculator

$4,426
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,845
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1949618 Elementary School
1949051 Middle School
David Douglas High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$609,000 Listed Price

Map


See all

12011 SE MARKET ST, Portland, OR, 97216 is a Multi-Family Home for sale at $609,000 with a lot size of 0.26. 12011 SE MARKET ST has 6 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 97216 which is in Portland, OR