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Listed by The Agency Portland
$609,000
Est. payment /mo
0.26 Acres Lot
New
12011 SE MARKET ST Portland, OR 97216
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Triplex 12011 -12017 Se Market
MLS Listing ID 646112361
Year Built 1961
Annual Tax Amount $6,963
Tax Year 2025
Lot Size 0.260 Acres
Property Description
Well cared for and extensively updated triplex offering a strong blend of stable tenancy and future upside. Recent improvements include new electrical meters for all three units, exterior paint, soffit replacement, gutter repairs, landscaping, concrete walkway replacement, quartz countertops, refinished hardwood floors, interior paint, and updated appliances in select units. The property offers three well designed units, including one with a private patio, bonus room or office, and garage. The additional units each feature large private storage rooms estimated at approximately 20' x 5'. Each unit includes designated parking, with additional visitor parking and shared yard space. Current rents reflect long term tenancy, with future upside potential as rents adjust to market conditions. Pride of ownership is evident throughout this turnkey investment opportunity. DO NOT DISTURB TENANTS.
Location
State OR
County Multnomah
Area _143
Zoning R3A
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Ventura Park
Middle Schools Floyd Light
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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