6 bed, 3.5 bath, 2,700 sq.ft on a 22,000 Sq.ft. Lot zoned R2. Garage/shop and 4 outbuildings. Offers lots of development potential. Home appears to have good bones and it does have a newer roof. R2 zoning will allow for 10 additional units. Lot behind property also a half acre zoned C2 and is available by another agent. The two lots combined would allow for 20 units and keep house.
Single-familyProperty Type
1990Year Built
0.53 acresLot Size
$121Price/Sq.Ft.
6 car garageParking
Listed by Lawrence Belland• John L. Scott Portland Central
Contact: neportland@johnlscott.com
Bought with Elizabeth Carpenter• LizC Real Estate Investments
6 bed, 3.5 bath, 2,700 sq.ft on a 22,000 Sq.ft. Lot zoned R2. Garage/shop and 4 outbuildings. Offers lots of development potential. Home appears to have good bones and it does have a newer roof. R2 zoning will allow for 10 additional units. Lot behind property also a half acre zoned C2 and is available by another agent. The two lots combined would allow for 20 units and keep house.
RMLS #14531837
Jan 15, 2015
Sold
$334,136
$121/sq ft
Nov 7, 2014
Pending
—
Sep 16, 2014
Contingent
—
Aug 22, 2014
Price Changed
$329,899
$119/sq ft
Aug 22, 2014
Price Changed
$319,899
$116/sq ft
Aug 15, 2014
Price Changed
$329,899
$119/sq ft
Jul 18, 2014
Price Changed
$344,800
$125/sq ft
Jul 1, 2014
Price Changed
$349,790
$127/sq ft
Jun 19, 2014
Price Changed
$349,800
$127/sq ft
May 16, 2014
Listed
$359,800
$130/sq ft
Public Records
Dec 1, 1985
Sold
$45,500
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,284 (+4.4%)
2024
$7,935 (+4.5%)
2023
$7,591 (+5.5%)
2022
$7,195 (+1.7%)
2021
$7,077 (+10.4%)
2020
$6,411 (+3.3%)
2019
$6,207 (+3.2%)
2018
$6,016 (+3.8%)
2017
$5,794 (+2.9%)
2016
$5,632 (+8.9%)
2015
$5,172 (+1.0%)
2014
$5,123 (+20.3%)
2013
$4,260 (−5.5%)
2012
$4,509 (+0.8%)
2011
$4,474 (−5.6%)
2010
$4,738 (+2.3%)
2009
$4,631
Tax history for 12304 SE Sherman St
Year
Property tax
Land + Additions
Assessment*
2025
$8,284 (+4.4%)
2024
$7,935 (+4.5%)
2023
$7,591 (+5.5%)
2022
$7,195 (+1.7%)
2021
$7,077 (+10.4%)
2020
$6,411 (+3.3%)
2019
$6,207 (+3.2%)
2018
$6,016 (+3.8%)
2017
$5,794 (+2.9%)
2016
$5,632 (+8.9%)
2015
$5,172 (+1.0%)
2014
$5,123 (+20.3%)
2013
$4,260 (−5.5%)
2012
$4,509 (+0.8%)
2011
$4,474 (−5.6%)
2010
$4,738 (+2.3%)
2009
$4,631
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1947
Sq. Ft.
2,764
Year built
1947
Style
Single Family Residential
County
Multnomah County
APN
R123066
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jul 15, 2016 • Final
Land use review
ADU
Sep 24, 2015 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.