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

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...

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Home facts

  • Year built:1961
  • Subdivision & Development:Triplex 12011 -12017 SE Market
  • Listing ID #:646112361
  • Added:59 day(s) ago
  • Updated:July 29, 2026 at 11:39 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: July 29, 2026

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