Opportunity knocks in one of Portland’s most iconic neighborhoods. This property offers three separate units, ideal for multigenerational living, rental income, or a creative investment project. With solid bones and historic character throughout, it’s ready for someone with vision to bring it back to life and build instant equity. Set just moments from Ladd Circle Park and its charming rose garden squares, the location delivers that classic Southeast Portland lifestyle. Tree-lined streets with a peaceful, tucked-away feel, yet just blocks from the energy of Hawthorne and Division. Coffee shops, bistros, taprooms, and local events are all within easy reach. Surrounded by craftsman homes and mature trees, this is a rare chance to restore something special in a neighborhood known for its charm, walkability, and timeless appeal.
Active
Price cut: $25K (6/15)
$625,000
1903 SE 12th Ave, Portland, OR 97214
6beds
2,544sqft
Multi Family
Built in 1906
-- sqft lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
Surrounded by craftsman homesThree separate unitsMature treesCharming rose garden squaresTree-lined streetsHistoric character throughout
- 1 day |
- 252 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Kelly Hagglund 503-538-4531,
The Kelly Group Real Estate
Source: RMLS (OR),MLS#: 369314415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Range, Gas Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Exterior Entry,Partially Finished,Separate Living Quarters Apartment Aux Living Unit,Storage Space
- Attic: Storage
Interior area
- Total structure area: 2,544
- Total interior livable area: 2,544 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 3,484 Square Feet
- Features: Corner Lot, Level, Trees, SqFt 3000 to 4999
Details
- Parcel number: R276147
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Vinyl Siding
- Roof: Composition,Shingle
Condition
- Existing
- Year built: 1906
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Sidewalk
- Subdivision: Stephens Add
Location
- Region: Portland
Financial & listing details
- Price per square foot: $246/sqft
- Annual tax amount: $7,485
- Date on market: 4/10/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $625,000$246/sqft |
Source:  RMLS (OR) #369314415 Report a problem | ||
| 8/21/2026 | Pending sale | $625,000$246/sqft |
Source: RMLS (OR) #369314415 Report a problem | ||
| 6/15/2026 | Price change | $625,000-3.8%$246/sqft |
Source: RMLS (OR) #369314415 Report a problem | ||
| 5/28/2026 | Price change | $650,000-4.4%$256/sqft |
Source: RMLS (OR) #369314415 Report a problem | ||
| 4/10/2026 | Listed for sale | $680,000$267/sqft |
Source: RMLS (OR) #369314415 Report a problem | ||
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: Hosford-Abernethy
Nearby schools
GreatSchools rating
- 10/10Abernethy Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Abernethy
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $644,1705 bd2 ba2.3k sqft1903-1907 SE 12th Ave, Portland, OR 97214Off Market
- $533,6004 bd1 ba1.8k sqft1122 SE Stephens St, Portland, OR 97214Off Market
- $1,759,1803 bd7 ba3.8k sqft1931 SE 12th Ave, Portland, OR 97214Off Market
- $693,5522 bd1 ba915 sqft1116 SE Stephens St UNIT A, Portland, OR 97214Sold
- $660,0003 bd3 ba2k sqft1116 SE Stephens St, Portland, OR 97214For Sale
- $758,2608 bd4 ba2.9k sqft1127-1133 SE Stephens St, Portland, OR 97214Off Market
- $--2 bd1 ba680 sqft1127 SE Stephens St #2, Portland, OR 97214Off Market
- $337,8002 bd1 ba680 sqft1127 SE Stephens St #3, Portland, OR 97214Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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