Motivated Seller – Priced Below Market Value!This beautifully updated 5-bedroom, 2-bath home is an incredible opportunity for buyers looking for space, upgrades, and value. The seller is eager to move, making this a rare chance to purchase a home priced to sell in a desirable location. Enjoy a fully renovated kitchen featuring butcher block countertops, brand-new cabinetry, stainless steel appliances, and stylish finishes throughout including new vinyl plank flooring, fresh carpet, modern paint, and updated bathroom fixtures. Major system upgrades include a newer roof (2016), updated plumbing, and a new water heater for peace of mind. The layout offers flexibility with three bedrooms on the main level and a spacious finished basement with a separate entrance—perfect for multigenerational living, a guest suite, or potential ADU. The basement includes two non-conforming bedrooms, a full bath, large family room with fireplace, and laundry area. Outside, the expansive yard provides room for gardening, play, and entertaining. Additional highlights include a 1-car garage with opener, garden shed, and no HOA. Ideally located near Cherry City Park, Adventist Health, Champions Cherry Park Elementary, shopping at Mall 205, public transit, and nature trails. Don’t miss this unbeatable value—schedule your showing today and bring your offer! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202295]
Sold
$468,289
11040 SE Market St, Portland, OR 97216
5beds
2,205sqft
Residential, Single Family Residence
Built in 1957
7,405.2 Square Feet Lot
$468,800 Zestimate®
$212/sqft
$3,357 Estimated rent
Home value
$468,800
Estimated sales range
Not available
$3,357/mo
Zestimate® history
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List your homeWhat's special
Expansive yardFully renovated kitchenStainless steel appliancesBrand-new cabinetryButcher block countertops
Zillow last checked:
Listing updated:
Listed by:
Jacqline Rosa 971-221-3308,
MORE Realty
Bought with:
Nicole Richards, 930200328
eXp Realty, LLC
Source: RMLS (OR),MLS#: 534656606
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 4
- Features: Closet, Wallto Wall Carpet
- Level: Lower
- Area: 144
- Dimensions: 12 x 12
Bedroom 5
- Features: Closet, Wallto Wall Carpet
- Level: Lower
- Area: 99
- Dimensions: 11 x 9
Dining room
- Features: Ceiling Fan, Vinyl Floor
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Family room
- Features: Fireplace, Wallto Wall Carpet
- Level: Lower
- Area: 336
- Dimensions: 28 x 12
Kitchen
- Features: Dishwasher, Microwave, Free Standing Range, Free Standing Refrigerator, Vinyl Floor
- Level: Main
- Area: 128
- Width: 8
Living room
- Features: Fireplace, Vinyl Floor
- Level: Main
- Area: 252
- Dimensions: 21 x 12
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer
- Laundry: Laundry Room
Features
- Closet, Ceiling Fan(s), Tile
- Flooring: Vinyl, Wall to Wall Carpet
- Basement: Finished,Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,205
- Total interior livable area: 2,205 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Natural Lighting, Walkin Shower, Accessibility
Features
- Levels: Two
- Stories: 2
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 7,405 sqft
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R294144
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Sold | $468,289-3.4%$212/sqft |
Source:  RMLS (OR) #534656606 Report a problem | ||
| 5/20/2025 | Pending sale | $485,000$220/sqft |
Source: RMLS (OR) #534656606 Report a problem | ||
| 5/9/2025 | Listed for sale | $485,000$220/sqft |
Source: RMLS (OR) #534656606 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,586 +4.4% | $189,660 +3% |
| 2024 | $4,393 +4.5% | $184,140 +3% |
| 2023 | $4,202 +5.5% | $178,780 +3% |
| 2022 | $3,983 +1.7% | $173,580 +3% |
| 2021 | $3,918 +10.4% | $168,530 +3% |
| 2020 | $3,549 +3.3% | $163,630 +3% |
| 2019 | $3,436 | $158,870 +3% |
| 2018 | $3,436 +3.2% | $154,250 +3% |
| 2017 | $3,331 +6.6% | $149,760 +3% |
| 2016 | $3,123 | $145,400 +3% |
| 2015 | $3,123 +2.4% | $141,170 +3% |
| 2014 | $3,049 +9.9% | $137,060 +3% |
| 2013 | $2,773 +7.2% | $133,070 +3% |
| 2012 | $2,587 -3.2% | $129,200 +3% |
| 2011 | $2,673 +1.9% | $125,440 +3% |
| 2010 | $2,623 +2.3% | $121,790 +3% |
| 2009 | $2,564 +3.5% | $118,250 +3% |
| 2008 | $2,476 +0.4% | $114,810 +3% |
| 2007 | $2,466 +4.9% | $111,470 +3% |
| 2006 | $2,352 +3.5% | $108,230 +3% |
| 2005 | $2,271 +2.8% | $105,080 +3% |
| 2004 | $2,210 +1.7% | $102,020 +3% |
| 2003 | $2,173 +9% | $99,050 +3% |
| 2002 | $1,995 +12.4% | $96,170 +6.1% |
| 2000 | $1,775 +4.1% | $90,660 +3% |
| 1999 | $1,704 | $88,020 |
Find assessor info on the county website
Neighborhood: Hazelwood
Nearby schools
GreatSchools rating
- 5/10Cherry Park Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Floyd Light Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10David Douglas High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Cherry Park
- Middle: Floyd Light
- High: David Douglas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$468,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$468,800
- Oregon
- Multnomah County
- Portland
- 97216
- Hazelwood
- 11040 SE Market St
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