12440 SE Madison St is a 1,375 square foot house on a 8,400 square foot lot with 5 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $430,780.
Single-familyProperty Type
1961Year Built
8,400 sq ftLot Size
$313Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$430,780
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.6% higher than the average sale price ($428K) 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
$5,487 (+4.4%)
2024
$5,256 (+4.5%)
2023
$5,028 (+5.5%)
2022
$4,766 (+1.7%)
2021
$4,688 (+10.4%)
2020
$4,247 (+3.3%)
2019
$4,111 (+3.2%)
2018
$3,985 (+3.8%)
2017
$3,838 (+9.0%)
2016
$3,521 (+6.4%)
2015
$3,309 (+1.0%)
2014
$3,277 (+20.8%)
2013
$2,714 (−5.0%)
2012
$2,856 (+0.8%)
2011
$2,833 (−8.1%)
2010
$3,082 (+0.5%)
2009
$3,068
Tax history for 12440 SE Madison St
Year
Property tax
Land + Additions
Assessment*
2025
$5,487 (+4.4%)
2024
$5,256 (+4.5%)
2023
$5,028 (+5.5%)
2022
$4,766 (+1.7%)
2021
$4,688 (+10.4%)
2020
$4,247 (+3.3%)
2019
$4,111 (+3.2%)
2018
$3,985 (+3.8%)
2017
$3,838 (+9.0%)
2016
$3,521 (+6.4%)
2015
$3,309 (+1.0%)
2014
$3,277 (+20.8%)
2013
$2,714 (−5.0%)
2012
$2,856 (+0.8%)
2011
$2,833 (−8.1%)
2010
$3,082 (+0.5%)
2009
$3,068
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Aug 14, 2014 • Final
Mechanical
Replace a heat pump in a residential building.
Heat pump
HVAC
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.
Property details
Interior
Basement Information
Basement Sq. Ft: 896
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Electric
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Brick Chimney
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Wood
Building Type: Single Family
Property Information
Subdivision Name: SPECHT ACRES
Living Sq. Ft: 1,375
Ground Floor Sq. Ft: 1,200
Building Sq. Ft: 2,096
# of Stories: 1
Legal Description: SPECHT AC, E 60' OF LOT 27
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 1,000
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,400
Legal Lot Number: 27
Acres: 0.19
Zoning Code: R2.5
State Use Description: RESIDENTIAL,IMPROVED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,375
Stories: 1.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: 1961
County: Multnomah County
APN: R274168
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Menlo Park Elementary School
Public PreK-5 • Assigned • 0.9mi
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
63
47
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
$410,000 – $496,000
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