Pending

$459,900

Est. $2,989/mo —

•

1,440

sq ft

12516 SE Madison St, Portland, OR 97233

About this home

Welcome to a home that actually feels as big as it looks. High ceilings and an open, airy interior give this 3-bedroom, 2.1-bath property a sense of space that’s hard to find. Quartz countertops and stainless steel range and built in microwave anchor a kitchen that’s ready for everyday cooking and weekend gatherings. Beautiful laminate flooring runs through the main living areas, with plush carpeting adding warmth where you want it. The primary bedroom stands out with a vaulted ceiling, walk-in closet, and full bathroom, that makes the room feel even more generous. Forced-air gas heat and central air keep the whole house comfortable year-round. Outside, a huge fenced lot offers privacy, play space, pets, and room to entertain. You’re close to shopping, parks, and public transit, with easy access to I-205 for a straightforward commute in any direction. A practical, comfortable home in a convenient location—ready for its next chapter.

Single-familyProperty Type

2020Year Built

4,791 sq ftLot Size

$319Price/Sq.Ft.

1 car garageParking

Listed by Tim Shannon • Tim Shannon Realty, Inc.

Listing updated: Sep 29, 2026 at 02:49pm

Redfin checked: 2 minutes ago

•Source:RMLS #655089380

Redfin agents who toured

New construction detached home. All three bedrooms are on the scond floor. Large fenced backyard.
6 years ago• May not reflect the current state of the home
Peter Scott
Redfin Associate agent

Payment calculator

$2,989 per month

Principal and interest$2,479

Property taxes

$456

HOA dues

Home insurance

$54

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 12PM
$879,000
5 beds4 baths3,662 sq ft
9310 SW 18th Pl, Portland, OR 97219
1.37 acre lot • Built 1950
Lynda O'Neill • John L. Scott
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$335,000
2 beds2 baths1,138 sq ft
13210 SE 7th St Unit N62, Vancouver, WA 98683
$514 HOA • Garage • Built 2002
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$450,000
2 beds1 bath1,266 sq ft
7568 N Gilbert Ave, Portland, OR 97203
5,227 sq ft lot • 2 garage spots • Built 1957
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$350,000
2 beds1 bath768 sq ft
8233 NE Going Pl, Portland, OR 97220
6,098 sq ft lot • Built 1949 • Listed 44 days
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D & VIDEO TOUR
$850,000
6 beds3 baths3,166 sq ft
13159 SE Sprout Ln, Milwaukie, OR 97222
7,840 sq ft lot • 3 garage spots • Built 2022
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$440,000
3 beds2 baths1,520 sq ft
546 SE Paropa Pl, Gresham, OR 97080
0.23 acre lot • 2 garage spots • Built 1978
Redfin
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$639,000
4 beds2 baths1,840 sq ft
5017 SE 40th Ave, Portland, OR 97202
4,791 sq ft lot • Built 1954
Noah Kirshbaum • Keller Williams Realty Portland Premiere
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$525,000
4 beds3 baths1,939 sq ft
15378 SE Sunrise Ct, Milwaukie, OR 97267
Garage • Built 1966
Kelly Sandstrom • Keller Williams Realty Professionals
OPEN SAT, 12PM TO 2PM
$449,000
3 beds3 baths1,553 sq ft
4733 NE 37th Ct, Vancouver, WA 98661
$30 HOA • 2 garage spots • Built 2023
Scott Spiker • MORE Realty
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$285,000
Studio1 bath857 sq ft
900 NE 81st Ave #402, Portland, OR 97213
$613 HOA • Built 1969 • Listed 25 days
Redfin

Around this home

Schools

K - 12
Preschool & daycare

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 • 0.4mi

2/10

Provided by GreatSchools

About Mill

Park

Mill Park, located between I-84 and SE Powell Blvd, is a residential and park-rich Portland neighborhood with mid-century ranch homes and a greenbelt feel. The neighborhood’s energy concentrates around SE 122nd Ave near the Gateway Transit Center, where taquerias, produce markets, and everyday services line the corridor. Park paths and open lawns shape daily routines at Mill Park and Ventura Park, with room for pickup games and quiet loops. The Leach Botanical Garden adds a cultivated, wooded counterpoint with seasonal blooms and shaded trails. Streets trend wide and practical, with a mix of single-level houses and small apartment communities.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Double-pane windows with vinyl frames

Bedrooms
Primary bedroom on the upper level
Second bedroom on the upper level
Third bedroom on the upper level

Bathrooms
Three total bathrooms (two full, one partial)

Kitchen
Dishwasher
Free-standing range
Microwave
Gas hot water

Heating & cooling
Forced air heating
Central air
Mini-split cooling
Gas fuel

Sale and tax history for 12516 SE Madison St

Sale History
Tax History

Date

Event

Price

RMLS #655089380

Sep 29, 2026

Pending

—

Sep 25, 2026

Listed

$459,900

$319/sq ft

RMLS #20087468

Dec 21, 2020

Sold

$399,900

$278/sq ft

Nov 19, 2020

Pending

—

Nov 11, 2020

Listed

$399,900

$278/sq ft

Beautiful brand new construction on large lot. The lot is 136 feet deep! Home comes with quartz counter tops and tile back splash. Stainless steel appliances (range, dishwasher and built in microwave) and eat bar. Vaulted master bedroom with Casablanca fan and walk in closet. Open floor plan with lots of natural sunlight. Close to everything, shopping, parks, easy access to I-205 freeway, bus and max transportation. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10187432]

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4,609 Sq. Ft.

Year renovated

2020

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

2020

Style

Other

County

Multnomah County

APN

R699310

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

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

Oct 14, 2020 • Final

Residential bldg/trade

New construction

Oct 14, 2020 • Final

Residential bldg/trade

Install a standalone fire sprinkler system according to NFPA 13D standards.

Fire sprinkler

New construction

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.

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)

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

Redfin Estimate for 12516 SE Madison St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $413,000 and $545,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $413K to $545K.

SOLD JUN 30, 2026
$452,000 Last sold price
2 beds1 bath1,252 sq ft
11808 SE Taylor St, Portland, OR 97216
$42/sq ft
larger lot
69 years older
SOLD JUL 10, 2026
$441,000 Last sold price
3 beds2 baths1,292 sq ft
13849 SE Taylor St, Portland, OR 97233
$22/sq ft
larger lot
55 years older
SOLD MAY 26, 2026
$450,000 Last sold price
3 beds2 baths1,054 sq ft
13334 SE Clay St, Portland, OR 97233
$108/sq ft
larger lot
64 years older
SOLD JUL 30, 2026
$458,000 Last sold price
4 beds3 baths1,450 sq ft
13034 SE Sherman St, Portland, OR 97233
$3/sq ft
19 years older
SOLD MAY 15, 2026
$413,000 Last sold price
3 beds1 bath1,324 sq ft
13045 SE Ankeny St, Portland, OR 97233
$7/sq ft
larger lot
65 years older
SOLD OCT 19, 2026
$545,000 Last sold price
3 beds2 baths1,794 sq ft
2237 SE 139th Ave, Portland, OR 97233
$15/sq ft
larger lot
64 years older

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Gavin Shettler

Portland Redfin Agent

Gavin Shettler typically replies in about 2 minutes

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New listings for sale in 97233

3D & VIDEO TOUR

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Move in ready • Quartz countertops • Updated cabinetry

Josh Hackenjos • LUXE Forbes Global Properties

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Selina Klein • Berkshire Hathaway HomeServices NW Real Estate

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Jorge Bentura • Century 21 North Homes Realty

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Detached shop • Mixed-use zoning • Multifamily zoning

Jennifer Weitzel • Better Homes & Gardens Realty

3D WALKTHROUGH

$425,000

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611 SE 146th Ave, Portland, OR 97233

New solar array • Hot tub • Remodeled kitchen

Dale Carstensen • Urban Nest Realty

$425,000

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Quiet cul-de-sac • No hoa • Hardwood floors

Stephanie Peck • eXp Realty, LLC

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Diana Parker • Diana Parker PBLN

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin agents who toured

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 12516 SE Madison St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 12516 SE Madison St

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 97233

More real estate resources