Google satellite image for 12429 SE Foster Rd, Portland, OR 97236

Off Market Mar 2018 for $1M

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Est. refi paymentEst. refi $4,642/mo

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8 ba

•

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sq ft

12429 SE Foster Rd, Portland, OR 97236

About this home

8-plex on 1/2 acre. Rents currently below market value. Newer siding, windows & roof. Remodeled units. No deferred maintenance,impeccably maintained. Possibility for additional units, was pre-approved several years ago previous to this owner. Large paved parking lot. Park-like lawn. On bus line & near Max.Close to schools and shopping.Near 611 acre Powell Butte National Park. On-site coin-op laundry & 2 storage rooms. Great opportunity!

Multi-familyProperty Type

1970Year Built

Listed by Valerie Mustonen • Meadows Group Inc., Realtors

Bought with Mark Trunk • RE/MAX Equity Group

Redfin checked: a few seconds ago

•Source:RMLS #18286978

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Powellhurst-Gilbert, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.2%

+0.5% MoM

Median sale price

$420K

$10K MoM

Avg. days on market

17d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 2 HRS AGO
$439,900
3 beds2 baths1,254 sq ft
13670 SE Bush St, Portland, OR 97236
Korrie Hicks • KOR Realty
NEW 15 HRS AGO
$327,900
2 beds2 baths1,186 sq ft
12226 SE Long St, Portland, OR 97236
John Loew • Knipe Realty ERA Powered
EARLY ACCESS
$675,000
3 beds2 baths2,200 sq ft
7325 SE Barbara Welch Rd, Portland, OR 97236
NEW 18 HRS AGO
$110,000
4 beds3 baths1,848 sq ft
13315 SE Pardee Dr, Portland, OR 97236
Marjorie Baker • McKenzie-Baker Properties
EARLY ACCESS
12631 SE Division St Unit B, Portland, OR 97236
$290,000
3 beds2.1 baths1,420 sq ft
12631 SE Division St Unit B, Portland, OR 97236
NEW 26 HRS AGO
$469,000
4 beds2 baths— sq ft
12835 SE Foster Rd, Portland, OR 97236
Terri Milholm • Equity Oregon Real Estate
$329,000
3 beds3 baths1,369 sq ft
13422 SE Harold St #11, Portland, OR 97236
Anthony Dyche • HomeSmart Realty Group
$435,000
4 beds2 baths1,700 sq ft
13625 SE Bush St, Portland, OR 97236
Sean Robbins • eXp Realty, LLC
FOR SALE BY OWNER
$460,000
5 beds2 baths1,642 sq ft
13049 SE Foster Rd, Portland, OR 97236
OPEN SAT, 12PM TO 2PM
$489,900
4 beds3 baths1,633 sq ft
4050 SE 139th Ave, Portland, OR 97236
Kathie Xu • Pete Anderson Realty Group
See all

Provided by Redfin

Sale history for 12429 SE Foster Rd

Date

Event

Price

RMLS #18286978

Mar 27, 2018

Sold

$1,000,000

Feb 7, 2018

Pending

—

Jan 31, 2018

Pending

—

Jan 17, 2018

Pending

—

Jan 2, 2018

Listed

$1,099,000

Jan 2, 2018

Relisted

—

Jan 2, 2018

Relisted

—

RMLS #15059120

Jul 17, 2015

Sold

$699,900

May 26, 2015

Pending

—

May 18, 2015

Relisted

—

May 10, 2015

Pending

—

May 8, 2015

Listed

$699,900

8 units fully-rented and impeccably maintained with NEW siding, windows & roof. Just $87,488 per unit on half acre with possibility for additional units. Paved parking lot, park-like lawn & garden. On busline, just 1.5 miles from the Lents Station MAX Greenline, with a Bikescore of 61. Near schools & shopping. Near hiking at 611-acre Powell Butte Nature Park. On-site coin-op laundry. 2 storage rooms. What an opportunity!

Public Records

Aug 17, 1995

Sold

$290,000

Tax history for 12429 SE Foster Rd

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.49 Acres

Year renovated

1970

Sq. Ft.

5,832

Year built

1970

Style

Other

County

Multnomah County

APN

R335334

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

Property details

Parking

Parking Information
Parking Features: Assigned, Paved

Interior

Virtual Tour Information
Has Virtual Tour Unbranded: Yes

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Attached
Basement: Crawl Space

Exterior

Exterior Features
Roof: Composition
Exterior Description: Vinyl Siding

Lot Information
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Level
Parcel Number: R335334

Property Information
Property Type: Multi Family
Property Attached YN: No
View YN: No

Building Information
Year Built: 1970

Financial

Tax Information
Tax Legal Description: SECTION 14 1S 2E, TL 4900 0.49 ACRES
Tax Annual Amount: $9,146.43

Rent Information
Rent Includes: Electricity, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.25
Gross Rent Multiplier: 12.9

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 8

Unit Information
Unit Type: 1, 2, 3, 4, 5

Unit Type 1 Information
Actual Rent: $950
Area: 830
Baths Total: 1
Beds Total: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Units Total: 4

Unit Type 2 Information
Actual Rent: $850
Area: 640
BathsTotal: 1
Beds Total: 1
Features: Dishwasher, Disposal, Range, Refrigerator
Units Total: 2

Unit Type 3 Information
Actual Rent: $800
Area: 640
Baths Total: 1
Beds Total: 1
Features: Dishwasher, Disposal, Range, Refrigerator
Units Total: 1

Unit Type 4 Information
Actual Rent: $725
Area: 490
Baths Total: 1
Features: Dishwasher, Disposal, Range, Refrigerator
Units Total: 1

Unit Type 5 Information
Features: Storage
Units Total: 2

School Information
Elementary School: Gilbert Park
Middle Or Junior School: Alice Ott
High School: David Douglas

Location Information
Directions: SE Foster Rd., East of 122nd, North side of Foster
Unparsed Address: 12429 SE FOSTER RD, Portland, OR 97236

Community Information
Community Features: Commons, Laundry
Zoning: R2

Public facts

Beds: 12
Baths: 8.0
Sq. Ft.: 5,832
Stories: 2.0
Lot Size: 0.49 acres
Style: Other
Year Built: 1970
Year Renovated: 1970
County: Multnomah County
APN: R335334

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Gilbert Park Elementary School

Public PreK-5 • Assigned • 0.4mi

2/10

Alice Ott Middle School

Public 6-8 • Assigned • 0.2mi

6/10

David Douglas High School

Public 9-12 • Assigned • 2.7mi

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 91° 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 • 97236

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Get a free, detailed breakdown of how we calculated your estimate.

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New listings for sale in 97236

NEW 2 HRS AGO3D WALKTHROUGH

$439,900

3 beds2 baths1,254 sq ft

13670 SE Bush St, Portland, OR 97236

Korrie Hicks • KOR Realty

NEW 15 HRS AGO

$327,900

2 beds2 baths1,186 sq ft

12226 SE Long St, Portland, OR 97236

John Loew • Knipe Realty ERA Powered

EARLY ACCESSREDFIN COMING SOON

$675,000

3 beds2 baths2,200 sq ft

7325 SE Barbara Welch Rd, Portland, OR 97236

NEW 18 HRS AGO

$110,000

4 beds3 baths1,848 sq ft

13315 SE Pardee Dr, Portland, OR 97236

Marjorie Baker • McKenzie-Baker Properties

EARLY ACCESSBHGRE® COMING SOON

$290,000

3 beds2.1 baths1,420 sq ft

12631 SE Division St Unit B, Portland, OR 97236

NEW 26 HRS AGO

$469,000

4 beds2 baths— sq ft

12835 SE Foster Rd, Portland, OR 97236

Terri Milholm • Equity Oregon Real Estate

$329,000

3 beds3 baths1,369 sq ft

13422 SE Harold St #11, Portland, OR 97236

Anthony Dyche • HomeSmart Realty Group

$435,000

4 beds2 baths1,700 sq ft

13625 SE Bush St, Portland, OR 97236

Sean Robbins • eXp Realty, LLC

FOR SALE BY OWNER

$460,000

5 beds2 baths1,642 sq ft

13049 SE Foster Rd, Portland, OR 97236

Home values near 12429 SE Foster Rd

Data from public records.

Address	Redfin Estimate
12611 SE Foster Road, Portland, OR 4 Beds \| 2.5 Baths \| 1560 Sq. Ft.	$322,993
12615 SE Foster Road #4, Portland, OR - Beds \| 2.5 Baths \| 1560 Sq. Ft.	$333,644

Address	Redfin Estimate
12327 SE Foster Road, Portland, OR 2 Beds \| 1 Baths \| 1960 Sq. Ft.	$319,961
12619 SE Foster Road, Portland, OR 3 Beds \| 3 Baths \| 1369 Sq. Ft.	$361,600

Address	Redfin Estimate
12627 SE Foster Road, Portland, OR - Beds \| 2.5 Baths \| 1674 Sq. Ft.	$363,387
12607 SE Foster Road #2, Portland, OR 4 Beds \| 2.5 Baths \| 1560 Sq. Ft.	$351,429

Property information provided by RMLS when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Powellhurst-Gilbert, OR

Sale history for 12429 SE Foster Rd

Tax history for 12429 SE Foster Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97236

Home values near 12429 SE Foster Rd

More real estate resources