12011 SE Market St, Portland, OR 97216

Portland
Local realty services provided by:Knipe Realty ERA Powered
12011 SE Market St,Portland, OR 97216
$609,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alia marie hazen
Office: the agency portland503-297-2000
MLS#:646112361
Source:PORTLAND

Price summary

  • Price:$609,000

About this home

Well cared for and extensively updated triplex offering a strong blend of stable tenancy and future upside. Recent improvements include new electrical meters for all three units, exterior paint, soffit replacement, gutter repairs, landscaping, concrete walkway replacement, quartz countertops, refinished hardwood floors, interior paint, and updated appliances in select units. The property offers three well designed units, including one with a private patio, bonus room or office, and garage. The additional units each feature large private storage rooms estimated at approximately 20' x 5'. Each unit includes designated parking, with additional visitor parking and shared yard space. Current rents reflect long term tenancy, with future upside potential as rents adjust to market conditions. Pride of ownership is evident throughout this turnkey investment opportunity. DO NOT DISTURB TENANTS.

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Home facts

  • Year built:1961
  • Listing ID #:646112361
  • Added:15 day(s) ago
  • Updated:June 17, 2026 at 11:26 AM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Lot area:0.26 Acres
  • Lot Features:Level
  • Levels:1 Story

Schools

  • High school:David Douglas
  • Middle school:Floyd Light
  • Elementary school:Ventura Park

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$609,000
  • Tax amount:$6,964 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Off Street
  • Garage spaces:1
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: June 17, 2026

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