12405 SE MARKET ST Portland, OR $ 875,000
12405 SE MARKET ST
$ 875,000
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12405 SE MARKET ST

Portland, OR, 97233
$ 875,000
Baths0.0

Monthly Estimate*

$ 5,525

12405 SE MARKET ST, Portland, OR 97233 - Image 1
12405 SE MARKET ST, Portland, OR 97233 - Image 2
12405 SE MARKET ST, Portland, OR 97233 - Image 3
12405 SE MARKET ST, Portland, OR 97233 - Image 4
12405 SE MARKET ST, Portland, OR 97233 - Image 5
12405 SE MARKET ST, Portland, OR 97233 - Image 6
Studio

Lots and Land for sale in Portland, OR

for $875,000. The lot size is 1.01.

Exceptional development opportunity. Situated on a generous 44,625-square-foot lot-with RM1 zoning, this property offers exciting potential for a multifamily project. Conveniently located near shopping, transit, schools, parks, and major commuter routes. An outstanding opportunity for builders, developers, or investors in a growing Portland neighborhood. Buyer to perform all due diligence regarding zoning, density, utilities, and development possibilities.

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Lots and Land Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,861

Style

SingleFamilyResidence

Lot Size

1.01

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

136867436

Features
General
Utilities ElectricityConnected NaturalGasAvailable SewerConnected WaterConnected
Zoning RM1
Property Subtype SingleFamilyResidence
Current Use Residential
Parcel Number R718198
County Multnomah
Property Type Land
HOA N
Other Structures Residence
Status Active
Directions 122nd Avenue East on SE Market St
High School David Douglas
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 43995.0
Listing Terms Cash Conventional FHA
Elementary School Menlo Park
Tax Annual Amount 6861.95
Middle/Junior High School Floyd Light
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2022-38 LOT 1 EXC PT IN ST
ADU False
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Exterior
Lot Size Acres 1.01
Road Surface Type Paved
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Internal Only
Street Number 1 12405
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* Excluded Features
List By
Harcourts Real Estate Network Group

Broker

bryce@brycerosenbaum.com

Email

Affordability Calculator

$6,097
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$572
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.
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Nearby
1949929 Elementary School
1949051 Middle School
David Douglas High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$875,000 Listed Price

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12405 SE MARKET ST, Portland, OR, 97233 is a Lots and Land for sale at $875,000 with a lot size of 1.01. 12405 SE MARKET ST is a studio with 0.0 baths. The property's zip code is 97233 which is in Portland, OR