12140 SE Bush St, Portland, OR 97266

Portland
Local realty services provided by:Knipe Realty ERA Powered
12140 SE Bush St,Portland, OR 97266
$989,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sherine bolos
Office: pellego, llc.503-300-5503
MLS#:202498781
Source:PORTLAND

Price summary

  • Price:$989,900

About this home

Discover an income-producing 5-unit property located in an established Portland neighborhood. Each thoughtfully designed unit features a highly functional layout with 2 to 3 bedrooms and 1.5 bathrooms, ideal for attracting and retaining long-term tenants. Interiors include laminate flooring on the main level, carpeted upper floors, convenient powder rooms, and well-appointed kitchens with modern appliances. Bedrooms are located upstairs and share a Jack-and-Jill bathroom, while charming front entries and private back patios enhance appeal. This property is built for ease of management, offering six electrical meters, a covered trash and recycling area, and simple, low-maintenance landscaping. A compelling value-add opportunity, current rents are estimated to be approximately 18% below market rates, providing immediate upside potential and increased cash flow. Investors may also consider an owner-occupant strategy by living in one unit while leasing the others to offset mortgage...

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Home facts

  • Year built:2016
  • Listing ID #:202498781
  • Added:51 day(s) ago
  • Updated:August 02, 2026 at 11:35 AM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:2016
  • Lot Features:Level
  • Levels:2 Stories

Schools

  • High school:David Douglas
  • Middle school:Ron Russell
  • Elementary school:W Powellhurst

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$989,900
  • Tax amount:$8,531 (2025)
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: August 2, 2026

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