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12011 SE Market St, Portland, OR 97216

$609,000

41 Photos

Property Description

Portland, Oregon triplex offering a 3 unit multifamily investment or potential owner occupied opportunity. Long term tenants with significant property improvements completed in 2023 and 2024, including new electrical meters for all 3 units, exterior paint, soffit and gutter work, landscaping and concrete walkways. Interior updates include quartz counters, refinished hardwood floors, paint, fixtures and select newer appliances. Larger unit includes patio space, bonus room or office and attached garage. Two additional units each have approximately 20 x 5 private storage. All units have off street parking plus visitor parking and shared outdoor space. Property and rental summary is available in RMLS as a PDF for your buyer's agent to access. Please do not disturb tenants.

12011 SE Market St | MLS# 646112361

This multi-family property located at 12011 SE Market St, Portland, OR 97216 is currently listed for sale with an asking price of $609,000. Search Portland real estate on janeloveday.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Wall Unit(s)
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 1.0
Taxes: $6,964
Year Built: 1961

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Fireplace, Storage, WasherDryer
Rent: $1630.00
Square Footage: 912
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Range, WasherDryer, WoodFloors
Rent: $1400.00
Square Footage: 912
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Range, WasherDryer, WoodFloors
Rent: $1417.00
Square Footage: 975
Total Units: 1

Feature Descriptions

Days on Site: 142
Exterior: Lap Siding
Gross Income: $56822.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $41236.00 (Actual)
Operating Expenses: $15586.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attached
Units: 3
Water: Public Water

Local Schools

High School: David Douglas
Middle School: Floyd Light
Elementary School: Ventura Park

Listed By / Shown By

Listed By

Agency Name: The Agency Portland
Agency Phone: 503-297-2000

Shown By

Agent Name: Jane Loveday Broker
Agent Phone: (619) 519-1615
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 3,837.39 per month $3,079.44 Principal & Interest $580.33 Property Tax $177.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/22/2026. The listing information on this page last changed on 10/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/22/2026 12:26:23 AM EST) or RMLS (last updated Thu 10/22/2026 12:23:20 AM EST) or COAR/MLSCO (last updated Thu 10/22/2026 12:21:20 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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