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12344 SE BUSH ST Portland, OR $ 730,000
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$ 730,000 Get more info
12344 SE BUSH ST
$ 730,000
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Share Save

12344 SE BUSH ST

Portland, OR, 97236
$ 730,000
Bedrooms4 Baths4.0 Sq 2,477

Monthly Estimate*

$ 5,042

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Multi-Family Home for sale in Portland, OR

for $730,000 with 4 bedrooms and 4 full baths. This 2,477 square foot home was built in 1954 on a lot size of 0.25.

Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages—parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it’s own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units. Home Energy Score = 9. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10251795

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Multi-Family Active

Price

$ 730,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,720

Style

Lot Size

0.25

Year Built

1954

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

586866154
Features
General
Sewer PublicSewer
Heating Baseboard Zoned
Roof Composition
Zoning RM1
Garage Spaces 3.0
Year Built 1954
Stories Count 1
Tax Year 2025
Parcel Number R278188
Gross Income 65880.0
County Multnomah
Net Operating Income 53535.0
Operating Expense 12354.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Between Holgate & Powell
High School David Douglas
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional
Elementary School Gilbert Hts
Tax Annual Amount 5720.89
Middle/Junior High School Alice Ott
Property Condition UpdatedRemodeled
Virtual Tour https://video214.com/custom-player/iRZWPqmP2YwopMSKmt1ZDw
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SUBURBAN HMS CLUB TR BLOCK D LOT 26 TL 5900
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Driveway Garage
Lot Features Level
Water Source PublicWater
Total Parking 10.0
Exterior Description Cedar ShakeSiding
Foundation Details ConcretePerimeter
Building Area Total 2477.0
Lot Size Acres 0.25
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Internal Only
Street Number 1 12344
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* Excluded Features
List By
Re/Max Advantage Group

Broker

sally.realestate@live.com

Email

Affordability Calculator

$5,519
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,042
Monthly Property Taxes
$477
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
1949018 Elementary School
1948907 Middle School
David Douglas High School High School
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Pricing History
DatePricePrice ChangeDescription
9/16/2026$730,000 Listed Price

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12344 SE BUSH ST, Portland, OR, 97236 is a Multi-Family Home for sale at $730,000 with 2,477 sqft and a lot size of 0.25. 12344 SE BUSH ST has 4 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 97236 which is in Portland, OR

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