REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by The Agency Portland
$ 609,000
Est. payment /mo
Active
12011 SE MARKET ST Portland, OR 97216
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Triplex 12011 -12017 Se Market
MLS Listing ID 646112361
Year Built 1961
Annual Tax Amount $6,963
Tax Year 2025
Lot Size 0.260 Acres
Property Description
Extensively updated Portland, Oregon triplex offering an excellent opportunity for multifamily investors, owner occupants, and buyers seeking an income producing rental property with future upside. This three unit investment property features long term tenants, strong rental history, significant capital improvements, and documented potential for increased rents as units transition toward market rates. 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 includes a private patio, bonus room or office, and attached garage. The additional two units each feature oversized private storage rooms approximately 20 x 5 feet. All three units offer designated off street parking, plus visitor parking and shared outdoor space. Financials, leases, and detailed improvement list available upon request. Potential owner occupied multifamily opportunity. Please do not disturb tenants.
Location
State OR
County Multnomah
Area _143
Zoning R3A
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling Wall Unit
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Ventura Park
Middle Schools Floyd Light
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
GET MORE INFORMATION
