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Courtesy of MORE Realty
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3 Beds1.5 Baths1,736 sqft
12405 SE Market St, Portland
$875,000
ActiveMLS®: 487049445
- Price per sqft
- $504.03
- Built in
- 1953
- Property size
- 1,736 sqft
- Lot size
- 1.01 acres
- Property type
- Residential
- Days on market
- 46
Overview
Exceptional development opportunity. Situated on a generous 44,625-square-foot lot-with RM1 zoning, this property offers exciting potential for a multifamily residential project. Conveniently located near shopping, transit, schools, parks, and major commuter routes. An outstanding opportunity for builders, developers, or investors in a growing Portland neighborhood. Buyer to perform all due diligence regarding zoning, density, utilities, and development possibilities.
Details
Interior
- Appliances
- Free Standing Range
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air
Exterior and lot
- Lot size
- 1.01 acres
- Lot features
- Level
- Architectural style
- One Story, Ranch
- Roof
- Composition
- View
- Yes
- View description
- Trees / Woods
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 1
- Parking
- Driveway
- Total parking
- 1
Schools
- High school
- David Douglas
- Middle school
- Floyd Light
- Elementary school
- Menlo Park
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM1
Taxes and dues
- Annual taxes
- $6,862 (2025)
Location
12405 SE Market St, Portland, OR 97233
Monthly payment estimate
$5,229 /mo
20% · $175,000
7.00%
- Principal and interest
- $4,657
- Property tax (2025)
- $572
- Total
- $5,229
Estimate only, and not an offer of credit. Assumes 20% down ($175,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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