Active

Price cut: $25K (6/15)

$625,000

1903 SE 12th Ave, Portland, OR 97214

6beds

2,544sqft

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Multi Family

Built in 1906

-- sqft lot

$-- Zestimate^®

$246/sqft

$-- HOA

What's special

Three separate unitsHistoric character throughout

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.

90 days

1,091

56

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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

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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

Price history

Date	Event	Price
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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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