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$609,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 hours ago
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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.

Full Property Details for 12011 SE Market St

General

  • Price: $609,000
  • Taxes: $6,963 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 646112361
  • Updated: 6/3/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Parking

  • Garage: Yes
  • Total Spaces: 5
  • Parking Features: Off Street

Location

  • County: Multnomah
  • Subdivision: Triplex 12011 -12017 SE Market
  • Driving Directions: E Stark, S on 122nd, W on Market - Park in visitor Parking [12011-12017 SE MARKET]

School Information

  • Elementary School: Ventura Park
  • Middle School: Floyd Light
  • High School: David Douglas

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,325
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $15,586
  • Tax Amount: $6,963.56
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: SECTION 03 1S 2E, TL 9300 0.26 ACRES
  • Disclosures/Reports: Disclosure
  • Property ID: R332052

Listed by The Agency Portland (503) 297-2000, Alia Marie Hazen (503) 705-8414

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Listing agent

— 12011 SE Market St —

  • Alia Marie Hazen

    The Agency Portland

    503-297-2000

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 12011 SE Market St

School District:David Douglas School District 40
NameGradesDistance
Ventura Park Elementary School
145 Southeast 117th Avenue, Portland, OR 97216
PK-50.7 mi
Floyd Light Middle School
10800 Southeast Washington Street, Portland, OR 97216
6-80.7 mi
David Douglas High School
1001 Southeast 135th Avenue, Portland, OR 97233
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12011 SE Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$609,000
10.73%
MLS
10/09/2022
Sold
$550,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12011 SE Market St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,964
4%
$287,980
3%
2024
$6,670
5%
$279,600
3%
2023
$6,380
7%
$271,460
6%
2021
$5,949
-2%
$255,890
-3%
2022
$6,048
2%
$263,560
6%
2021
$5,949
14%
$248,440
3%
2019
$5,217
3%
$241,210
3%
2018
$5,057
4%
$234,190
3%
2017
$4,870
5%
$227,370
3%
2016
$4,627
10%
$220,750
3%
2015
$4,201
5%
$214,330
3%
2014
$3,983
20%
$208,090
6%
2013
$3,328
—
$195,420
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The Agency Portland (503) 297-2000, Alia Marie Hazen (503) 705-8414

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12011 SE Market St, Portland, OR 97216 (MLS# 646112361) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 12011 SE Market St is currently listed for $609,000 and was received on June 01, 2026. Want to learn more about 12011 SE Market St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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