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For sale · ACT – Active
$875,000

12405 SE MARKET ST, Portland, OR 97233

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County
Multnomah
Annual Tax
$6,862
HOA
None
Days on Market
71 days
Open House
None scheduled

Description

Exceptional development opportunity. Situated on a generous 44,625-square-foot lot-with RM1 zoning, this property offers exciting potential for a multifamily 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.

Facts & Features

Property TypeLand
Sub-TypeSingle Family Residence
Lot Size (acres)1.01
Lot Size (sq ft)43995
CountyMultnomah
Elementary SchoolMenlo Park
Middle SchoolFloyd Light
High SchoolDavid Douglas
ViewYes
Annual Taxes$6,862
Original List Price$875,000
RMLS #136867436

Map data © OpenStreetMap contributors (not RMLS data).

Listed by Bryce Rosenbaum • Real Estate Network Group, LLC

Listing updated: Oct 19, 2026 at 4:06pm

Source: RMLS #136867436

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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