Portland, Oregon triplex offering a 3 unit multifamily investment or potential owner occupied opportunity. Long term tenants with significant property improvements completed in 2023 and 2024, including new electrical meters for all 3 units, exterior paint, soffit and gutter work, landscaping and concrete walkways. Interior updates include quartz counters, refinished hardwood floors, paint, fixtures and select newer appliances. Larger unit includes patio space, bonus room or office and attached garage. Two additional units each have approximately 20 x 5 private storage. All units have off street parking plus visitor parking and shared outdoor space. Property and rental summary is available in RMLS as a PDF for your buyer’s agent to access. Please do not disturb tenants.
Pending
$609,000
12011 SE Market St, Portland, OR 97216
6beds
2,799sqft
Multi Family
Built in 1961
-- sqft lot
$595,100 Zestimate®
$218/sqft
$-- HOA
What's special
Private storageRefinished hardwood floorsBonus room or officeVisitor parkingOff street parkingSelect newer appliancesPatio space
- 125 days
- 208
- 8
Zillow last checked:
Listing updated:
Listed by:
Alia Marie Hazen 503-705-8414,
The Agency Portland,
Noel Jackson 503-704-5991,
The Agency Portland
Source: RMLS (OR),MLS#: 646112361
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Fireplace(s)
Cooling
- Wall Unit(s)
Appliances
- Included: Disposal, Washer/Dryer, Range, Electric Water Heater
Features
- Storage
- Flooring: Wood
- Basement: Crawl Space
Interior area
- Total structure area: 2,799
- Total interior livable area: 2,799 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Off Street
- Garage spaces: 1
Features
- Stories: 1
Lot
- Size: 0.26 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R332052
- Zoning: R3A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Composition
Condition
- Approximately
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Triplex 12011 -12017 Se Market
Location
- Region: Portland
Financial & listing details
- Price per square foot: $218/sqft
- Annual tax amount: $6,963
- Date on market: 6/1/2026
- Cumulative days on market: 125 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4447
- Road surface type: Paved
Estimated market value
$595,100
$565,000 - $625,000
$2,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Pending sale | $609,000$218/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $609,000+10.7%$218/sqft |
Source: | ||
| 4/10/2025 | Listing removed | $1,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Listed for rent | $1,495+15.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2022 | Sold | $550,000$196/sqft |
Source: | ||
| 9/2/2022 | Pending sale | $550,000$196/sqft |
Source: | ||
| 8/17/2022 | Listed for sale | $550,000+27.9%$196/sqft |
Source: | ||
| 7/17/2020 | Listing removed | $1,295 |
Source: Rent Portland Homes Professionals Report a problem | ||
| 6/29/2020 | Price change | $1,295-4.1% |
Source: Rent Portland Homes Professionals Report a problem | ||
| 6/18/2020 | Listed for rent | $1,350 |
Source: Rent Portland Homes Professionals Report a problem | ||
| 2/26/2019 | Sold | $429,900+3.6%$154/sqft |
Source: | ||
| 6/16/2017 | Sold | $415,000$148/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mill Park
Nearby schools
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.






