Janice Lundy

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Listing provided courtesy of The Agency Portland- MLS# 646112361MLS Provider

12011 SE MARKET STPortland, OR 97216

Multi-Family · 0.26 Acres
$609,000 Active

12011 SE MARKET ST Overview

Time on Site:
29 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
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

12011 SE MARKET ST History

Date Event Value Agent
6/1/2026Source: Regional MLS Added to Database
June 01, 2026