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$730,000

  • For Sale
  • Active
  • Multi-Family
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Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages-parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it's own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units. Home Energy Score = 9. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10251795

Full Property Details for 12344 SE Bush St

General

  • Price: $730,000
  • Taxes: $5,720 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 586866154
  • Updated: 9/23/2026
  • Added to Site: 24 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Garage: Yes
  • Total Spaces: 10
  • Parking Features: Driveway, Garage

Location

  • County: Multnomah
  • Driving Directions: Between Holgate & Powell

School Information

  • Elementary School: Gilbert Hts
  • Middle School: Alice Ott
  • High School: David Douglas

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Baseboard, Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 2,477
  • Year Built: 1954
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $12,354
  • Tax Amount: $5,720.89
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUBURBAN HMS CLUB TR, BLOCK D, LOT 26 TL 5900
  • Disclosures/Reports: Disclosure
  • Property ID: R278188

Listed by RE/MAX Advantage Group (503) 855-3298, Sally Mehalovich (503) 781-7575 and RE/MAX Advantage Group (503) 855-3298, Susan Maag (503) 309-7327

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Listing agents

— 12344 SE Bush St —

  • Sally Mehalovich

    RE/MAX Advantage Group

    503-855-3298

  • Susan Maag

    RE/MAX Advantage Group

    503-855-3298

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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 12344 SE Bush St

School District:David Douglas School District 40
NameGradesDistance
Gilbert Heights Elementary School
12839 Southeast Holgate Boulevard, Portland, OR 97236
PK-50.3 mi
Alice Ott Middle School
12500 Southeast Ramona Street, Portland, OR 97236
6-81 mi
David Douglas High School
1001 Southeast 135th Avenue, Portland, OR 97233
9-121.6 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 12344 SE Bush St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$730,000
52.08%
MLS
1/10/2019
Sold
$480,000
—
Public Record
Get Price Alerts and Save Property
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 12344 SE Bush St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,721
4%
$236,590
3%
2024
$5,480
5%
$229,700
3%
2023
$5,242
7%
$223,010
6%
2021
$4,887
-2%
$210,220
-3%
2022
$4,969
2%
$216,520
6%
2021
$4,887
14%
$204,100
3%
2019
$4,286
3%
$198,160
3%
2018
$4,154
4%
$192,390
3%
2017
$4,001
3%
$186,790
3%
2016
$3,896
2%
$181,350
3%
2015
$3,802
2%
$176,070
3%
2014
$3,730
3%
$170,950
3%
2013
$3,628
—
$165,980
—
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 RE/MAX Advantage Group (503) 855-3298, Sally Mehalovich (503) 781-7575 and RE/MAX Advantage Group (503) 855-3298, Susan Maag (503) 309-7327

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Sold by Windermere Realty Trust, Erin Rothrock

12344 SE Bush St, Portland, OR 97236 (MLS# 586866154) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 12344 SE Bush St is currently listed for $730,000 and was received on September 16, 2026. Want to learn more about 12344 SE Bush 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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