12011 SE Market St Portland, OR 97216
Listing Courtesy of: MLS LogoRMLS / Listed By: The Agency Portland

  12011 SE Market St Portland, OR 97216

Active (56 Days)
$609,000 (USD)
6
BED
3
BATH

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.

MLS #:
646112361
Taxes
$6,964(2025)
Lot Size
0.26 acres
Type
Multifamily
Year Built
1961
County
Multnomah County
Community
Triplex 12011 -12017 SE Market

Listed By

Alia Marie Hazen, The Agency Portland
Source
RMLS
Last checked Jul 27 2026 at 6:09 PM PDT
Bathroom Details
  • Full Bathrooms: 3
Subdivision
  • Triplex 12011 -12017 Se Market
Lot Information
  • Level
Heating and Cooling
  • Baseboard
  • Wall Unit(s)
Basement Information
  • Crawl Space
Exterior Features
  • Lap Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: Ventura Park
  • Middle School: Floyd Light
  • High School: David Douglas
Parking
  • Off Street
Stories
  • 1
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (7/27/26 11:09). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.