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
Bedrooms3 Baths1.1 Sq 1,736

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

Single Family Home for sale in Portland, OR

for $875,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,736 square foot home was built in 1953 on a lot size of 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 residential 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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Single Family Active

Price

$ 875,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 6,861

Style

Stories1,Ranch

Lot Size

1.01

Year Built

1953

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

487049445

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Appliances FreeStandingRange
Zoning RM1
Garage Spaces 1.0
Architectural Style Stories1 Ranch
Year Built 1953
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R718198
County Multnomah
Property Type Residential
HOA N
Full Baths 1
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
Property Condition Approximately
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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Interior
Basement Finished
Total Fireplaces 1
Fireplace Features WoodBurning
Total Bathrooms 1.1
Total Bedrooms 3
Total Baths 2
1/2 Baths 1
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Exterior
Parking Features Driveway
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description LapSiding
Building Area Total 1736.0
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 Single Family Home for sale at $875,000 with 1,736 sqft and a lot size of 1.01. 12405 SE MARKET ST has 3 bedrooms, 1.1 baths, and was built in 1953. The property's zip code is 97233 which is in Portland, OR