12425 SE Market St is a 2,619 square foot house on a 9,790 square foot lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $489,347.
Single-familyProperty Type
1953Year Built
9,790 sq ftLot Size
$187Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$489,347
$2,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.6% higher than the average sale price ($438K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$6,448 (+4.4%)
2024
$6,177 (+4.5%)
2023
$5,908 (+5.5%)
2022
$5,601 (+1.7%)
2021
$5,509 (+10.4%)
2020
$4,990 (+3.3%)
2019
$4,831 (+3.2%)
2018
$4,683 (+3.8%)
2017
$4,510 (+10.6%)
2016
$4,078 (+6.2%)
2015
$3,840 (+1.0%)
2014
$3,802 (+26.7%)
2013
$3,001 (−10.5%)
2012
$3,354 (+0.8%)
2011
$3,327 (−8.0%)
2010
$3,617 (−2.3%)
2009
$3,704
Tax history for 12425 SE Market St
Year
Property tax
Land + Additions
Assessment*
2025
$6,448 (+4.4%)
2024
$6,177 (+4.5%)
2023
$5,908 (+5.5%)
2022
$5,601 (+1.7%)
2021
$5,509 (+10.4%)
2020
$4,990 (+3.3%)
2019
$4,831 (+3.2%)
2018
$4,683 (+3.8%)
2017
$4,510 (+10.6%)
2016
$4,078 (+6.2%)
2015
$3,840 (+1.0%)
2014
$3,802 (+26.7%)
2013
$3,001 (−10.5%)
2012
$3,354 (+0.8%)
2011
$3,327 (−8.0%)
2010
$3,617 (−2.3%)
2009
$3,704
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Basement Information
Basement Sq. Ft: 866
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Fireplace Type: Brick Chimney
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Wood
Building Type: Single Family
Property Information
Subdivision Name: MARKET FIRS
Living Sq. Ft: 2,619
Ground Floor Sq. Ft: 2,178
Building Sq. Ft: 3,044
# of Stories: 1
Legal Description: MARKET FIRS, LOT 1, INC UND INT TRACT A
Parking & Garage Information
# of Parking Spaces: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,790
Legal Lot Number: 1
Acres: 0.22
Zoning Code: R2
State Use Description: RESIDENTIAL,IMPROVED
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 2,619
Stories: 1.0
Lot Size: 9,790 square feet
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1953
County: Multnomah County
APN: R213467
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
Menlo Park Elementary School
Public PreK-5 • Assigned • 1.0mi
5/10
Floyd Light Middle School
Public 6-8 • Assigned • 0.9mi
5/10
David Douglas High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97233
Average low and high temperatures (°F)
46
36
49
37
57
42
64
44
70
49
76
54
82
57
83
60
76
55
61
46
52
43
49
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$465,000 – $563,000
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