- ADDRESS:
- 12011 SE MARKET ST Portland, OR 97216
- Price:
- $609,000
- Units:
- 3
- Acres:
- 0.26
- Unit 1:
-
2 Bed
1.0 Bath
$1,630/mo
Features: Disposal, Fireplace, Storage, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$1,400/mo
Features: Disposal, Range, Washer/Dryer, Wood Floors - Unit 3:
-
2 Bed
1.0 Bath
$1,417/mo
Features: Disposal, Range, Washer/Dryer, Wood Floors - MLS#:
- 646112361
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- R3A
- Yr Built:
- 1961
- Taxe/yr:
- $6,963.56
- County:
- Multnomah
- Status:
- Active
- Levels:
- 1
- Heat:
- Baseboard
- Nhood/Bldg:
- Triplex 12011 -12017 SE Market
- Elem:
- Ventura Park
- Middle:
- Floyd Light
- High:
- David Douglas
- Lot Desc:
- Level
- Area:
- Portland Southeast
- Courtesy of:
- The Agency Portland
- Remarks:
- Extensively updated triplex offering stable long term tenancy, significant capital improvements, and future rental upside. 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 features a private patio, bonus room or office, and attached garage, while the additional two units each include oversized private storage rooms of approximately 20 x 5 feet. Every unit offers designated off street parking, plus visitor parking and shared outdoor space. Current rents reflect long term tenancy with documented upside as units transition toward market rents. Financials, leases, and a detailed improvement list are available upon request. Owner occupied purchase opportunities may be available. Please do not disturb tenants.