Listing provided courtesy of The Agency Portland- MLS# 646112361
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Request Info12011 SE MARKET STPortland, OR 97216
Multi-Family · 0.26 Acres$609,000
Active
12011 SE MARKET ST Overview
- Time on Site:
- 28 days
- Visits:
- 0
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 and gutter work, landscaping, concrete walkway replacement, quartz countertops, refinished hardwood floors, interior paint, and updated appliances in select units. The unit mix includes one standout unit with a private patio, bonus room or office, and garage, while the additional two units each feature oversized private storage rooms of approximately 20 by 5 feet. Every unit includes designated parking plus visitor parking and shared yard space. Current rents reflect long term tenancy with future upside as rents adjust to market conditions. Pride of ownership is evident throughout this turnkey investment opportunity. A detailed update list and financials are available upon request. Please do not disturb tenants.
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12011 SE MARKET ST Facts & Features
- Type Multi-Family
- Lot 0.26 Acres
Details
General
School Information
- Elementary School: Ventura Park
- Middle Or Junior School: Floyd Light
- High School: David Douglas
Income/Expenses
- Gross Income: 56822.0
- Net Operating Income: 41236.0
- Operating Expense: 15586.0
Building Information
- Year Built: 1961
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
- Subdivision Name: Triplex 12011 -12017 SE Market
Rent/Lease Information
- Rent Includes: Trash Collection
Tax Information
- Tax Annual Amount: 6963.56
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: R332052
- Property Type: Multi Family
- Zoning: R3A
Interior
Parking Information
- Garage Spaces: 1.0
General Information
- Basement: Crawl Space
- Cooling: Wall Unit(s)
- Heating: Baseboard
- Stories: 1
Exterior
Parking Information
- Parking Features: Off Street
- Parking Total: 5.0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.26
- Lot Size Square Feet: 11325.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 3
- Sewer: Public Sewer
12011 SE MARKET ST Neighborhood
Community
97216 (Portland) Demographics
38
Median Age
7,001
Population Density (per sq. mile)
43%
College Educated
$55,795
Estimated Median Income
4,081
Estimated Total Home Owners
2,920
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.12011 SE MARKET ST Monthly Cost
12011 SE MARKET ST Market Data
Based on the last 30 days in this zip code
$389,690
Average List Price
$288
Average Price per Square Foot
22
Properties Sold
116
Average Days on Market
63
Properties for Sale
12011 SE MARKET ST History
| Date | Value | Agent |
|---|---|---|
| 6/1/2026Source: Regional MLS | June 01, 2026 |