12011 SE MARKET ST, Portland, OR 97216
- $609,000
- List Price
- $609,000
- Days on Market
- 57
- MLS#
- 646112361
- Property Type
- Multifamily
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Extensively updated Portland, Oregon triplex offering an excellent opportunity for multifamily investors, owner occupants, and buyers seeking an income producing rental property with future upside. This three unit investment property features long term tenants, strong rental history, significant capital improvements, and documented potential for increased rents as units transition toward market rates. Major improvements completed in 2023 and 2024 include new electrical meters for all three units, exterior paint, soffits, gutters, landscaping, concrete walkways, quartz countertops, refinished hardwood floors, interior paint, updated fixtures, and select new appliances. One spacious unit includes a private patio, bonus room or office, and attached garage. The additional two units each feature oversized private storage rooms approximately 20 x 5 feet. All three units offer designated off street parking, plus visitor parking and shared outdoor space. Financials, leases, and detailed improvement list available upon request. Potential owner occupied multifamily opportunity. Please do not disturb tenants.
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Additional Information
- Tax Amount
- $6,963
- Year Built
- 1961
- High School
- David Douglas
- Elementary School
- Ventura Park
- Middle School
- Floyd Light
- Garage Spaces
- 1
- Acres
- 0.26
- Stories
- 1
- Subdivision
- Triplex 12011 -12017 SE Market
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity
- Exterior Description
- Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Off Street
- Parking Description
- Off Street
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1630
- Unit Type One Sq Ft
- 912
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1417
- Unit Type Three Sq Ft
- 975
- Unit Type Three Units Total
- 1
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Listing courtesy of The Agency Portland.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.