Lovingly maintained by the same owner for over 35 years, this spacious 3-bedroom, 2-bath daylight ranch is rich with mid-century modern character—clean lines, natural light, and timeless design elements throughout. Recent major upgrades include a brand-new composition roof and electrical panel, both completed within the last few months, offering peace of mind alongside the home's classic appeal. The main level showcases beautiful, refinished hardwood floors, a generous living room with an expansive picture window, gas fireplace, and a formal dining area with tray ceiling perfect for gatherings. The cozy kitchen with a sunny breakfast nook captures the charm of the era, while fresh interior paint, updated light fixtures and stainless-steel appliances bring a refreshed feel. A wood stove downstairs and a gas fireplace upstairs add warmth and vintage ambiance. The full lower-level apartment—with a private entrance—offers incredible versatility. Ideal for rental income, guests, or multi-generational living; it features a large family room, dining area, kitchenette, full bath, and a 3rd bedroom. A spacious laundry/utility room provides ample storage and workspace. A generous 4-car garage is paired below with a spacious 15x20 unfinished bonus area—ideal for a creative studio, sleek home office, or functional workshop. Set on an oversized lot surrounded by mature landscaping, this park-like setting with idyllic pathways features a fully fenced private backyard with spacious garden area, fruit trees, a storage shed, fire pit, space for a pool and is patio—perfect for outdoor entertaining. Conveniently located near parks, shops, and transit, this timeless mid-century residence is ready for its next chapter. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242335]
Sold
Zestimate®
$555,000
11851 SE Madison St, Portland, OR 97216
3beds
2,458sqft
Residential, Single Family Residence
Built in 1955
0.27 Acres Lot
$555,000 Zestimate®
$226/sqft
$2,877 Estimated rent
Home value
$555,000
$522,000 - $588,000
$2,877/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceGas fireplace upstairsDining areaFully fenced private backyardClean linesStorage shedTimeless design elements
Zillow last checked:
Listing updated:
Listed by:
Janice Bramwell 503-351-3118,
Jones Group Realtors, LLC
Bought with:
Seth Elder, 201217325
Redfin
Source: RMLS (OR),MLS#: 138793614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 2
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Lower
- Area: 132
- Dimensions: 11 x 12
Dining room
- Features: Hardwood Floors
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Family room
- Features: Wallto Wall Carpet, Wood Stove
- Level: Lower
- Area: 143
- Dimensions: 11 x 13
Kitchen
- Features: Dishwasher, Disposal, Eating Area, Microwave, Builtin Oven, Free Standing Refrigerator
- Level: Main
- Area: 144
- Width: 16
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 315
- Dimensions: 15 x 21
Heating
- Forced Air 95 Plus, Wood Stove, Fireplace(s)
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Closet, Eat-in Kitchen
- Flooring: Hardwood, Wall to Wall Carpet, Wood
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Daylight
- Basement: Daylight,Finished,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 1
- Fireplace features: Gas, Wood Burning Stove
Interior area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Street, RV Access/Parking, Garage Door Opener, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Parking, Accessibility
Features
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Garden, Yard, Exterior Entry
- Fencing: Fenced
Lot
- Size: 0.27 Acres
- Dimensions: 11,700 Sq Ft
- Features: Level, Private, SqFt 10000 to 14999
Details
- Additional structures: RVParking, ToolShed, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R240885
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Daylight Ranch,Mid Century Modern
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1955
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mill Park
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $548,140
- Annual tax amount: $6,663
- Date on market: 4/9/2026
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $555,000-3.5%$226/sqft |
Source:  RMLS (OR) #138793614 Report a problem | ||
| 4/29/2026 | Pending sale | $575,000$234/sqft |
Source: RMLS (OR) #138793614 Report a problem | ||
| 4/10/2026 | Listed for sale | $575,000$234/sqft |
Source: RMLS (OR) #138793614 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,663 +4.4% | $275,570 +3% |
| 2024 | $6,383 +4.5% | $267,550 +3% |
| 2023 | $6,105 +5.5% | $259,760 +3% |
| 2022 | $5,787 +1.7% | $252,200 +3% |
| 2021 | $5,692 +10.4% | $244,860 +3% |
| 2020 | $5,157 +3.3% | $237,730 +3% |
| 2019 | $4,992 | $230,810 +3% |
| 2018 | $4,992 +3.2% | $224,090 +3% |
| 2017 | $4,839 +6.6% | $217,570 +3% |
| 2016 | $4,538 | $211,240 +3% |
| 2015 | $4,538 +7% | $205,090 +3% |
| 2014 | $4,241 +27.7% | $199,120 +3% |
| 2013 | $3,322 +3.1% | $193,330 +3% |
| 2012 | $3,222 +0.5% | $187,700 +2.2% |
| 2011 | $3,205 -6.8% | $183,570 +3% |
| 2010 | $3,438 -8.4% | $178,230 +3% |
| 2009 | $3,752 +3.5% | $173,040 +3% |
| 2008 | $3,623 +0.4% | $168,000 +3% |
| 2007 | $3,609 +4.9% | $163,110 +3% |
| 2006 | $3,441 +4.2% | $158,360 +3% |
| 2005 | $3,301 +4.1% | $153,750 +3% |
| 2004 | $3,171 +7.2% | $149,280 +3% |
| 2003 | $2,958 +1.3% | $144,940 +3% |
| 2002 | $2,919 +12.4% | $140,720 +6.1% |
| 2000 | $2,597 | $132,660 |
Find assessor info on the county website
Neighborhood: Mill Park
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Nearby schools
GreatSchools rating
- 3/10Ventura Park Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Floyd Light Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10David Douglas High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Ventura 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
$555,000
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Estimated market value
$555,000
- Oregon
- Multnomah County
- Portland
- 97216
- Mill Park
- 11851 SE Madison St
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