12011 SE Market St, Portland, OR 97216

$609,000

41 Photos

Property Description

Portland, Oregon triplex offering a 3 unit multifamily investment or potential owner occupied opportunity. Long term tenants with significant property improvements completed in 2023 and 2024, including new electrical meters for all 3 units, exterior paint, soffit and gutter work, landscaping and concrete walkways. Interior updates include quartz counters, refinished hardwood floors, paint, fixtures and select newer appliances. Larger unit includes patio space, bonus room or office and attached garage. Two additional units each have approximately 20 x 5 private storage. All units have off street parking plus visitor parking and shared outdoor space. Property and rental summary is available in RMLS as a PDF for your buyer's agent to access. Please do not disturb tenants.

12011 SE Market St | MLS# 646112361

This multi-family property located at 12011 SE Market St, Portland, OR 97216 is currently listed for sale with an asking price of $609,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Wall Unit(s)
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 1.0
Taxes: $6,964
Year Built: 1961

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Fireplace, Storage, WasherDryer
Rent: $1630.00
Square Footage: 912
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Range, WasherDryer, WoodFloors
Rent: $1400.00
Square Footage: 912
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Disposal, Range, WasherDryer, WoodFloors
Rent: $1417.00
Square Footage: 975
Total Units: 1

Feature Descriptions

Days on Site: 153
Exterior: Lap Siding
Gross Income: $56822.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $41236.00 (Actual)
Operating Expenses: $15586.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attached
Units: 3
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: The Agency Portland
Agency Phone: 503-297-2000

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 3,837.39 per month $3,079.44 Principal & Interest $580.33 Property Tax $177.63 Homeowner's Insurance

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