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About this home
INVESTORS: Good rental history with long-term tenant on month-to-month basis. Duplex with one unit (12837)remodeled and is vacant and can be viewed. Accepted offer is subject to interior inspection of occupied unit within 48 hours. Tenants pay for their own utilities; except water. Each unit has washer /dryer set up, extra outside storage unit, and back yard area. 3 Parking spaces. Walking distance to Leach Botanical Gardens. DO NOT DISTURB TENANT IN UNIT 12835. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251411]
Multi-familyProperty Type
1981Year Built
0.27 acresLot Size
3 spacesParking
Listed by Terri Milholm• Equity Oregon Real Estate
Pleasant Valley, located between Powell Butte Nature Park and the Clackamas River corridor, is a residential and semi-rural Portland neighborhood with wide-lot streetscapes and a patchwork of farms. The neighborhood’s energy concentrates around SE Foster Rd near SE 162nd Ave, where small groceries, taquerias, and service storefronts set a practical, everyday rhythm. Leach Botanical Garden and Powell Butte Nature Park act as local anchors for trails, gardens, and open sky. Housing leans toward ranch-style homes, newer subdivisions, and pockets of acreage with barns and garden plots. The landscape shifts quickly from sidewalks to fields, with views that open toward the buttes and foothills. Daily life reads quieter and car-oriented, with nature destinations doing much of the cultural heavy lifting.
Provided by Walk Score and Local Logic
Market insights
12835 SE Foster Rd · $469,000
DAYS ON MARKET
47 days
The average home goes pending in 51 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
LIST PRICE
$469,000
Median list price in this area is $620,425. (32% higher than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Attached storage
Crawl-space basement
Window coverings
Bedrooms
Two bedrooms in each unit
Bathrooms
One bathroom in each unit
Kitchen
Dishwasher and range in one unit
Laundry & utility
Washer/dryer hookups in one unit
Heating & cooling
Forced-air heating
No cooling
Exterior features
Gently sloping terrain
Paved road
Front yard landscaping
Home design
Two-unit multifamily property
Detached
Parking
Assigned and off-street parking
Three parking spaces
Construction
Built in 1981
Restored condition
Lap and T-111 siding
Composition roof
Concrete perimeter foundation
Utilities
Gas fuel
Public water
Public sewer
Gas hot water
Financial info
One unit rents for $1,406
6.41% cap rate
12.1 gross rent multiplier
Other
Green certification
Electricity and solar
View estimated energy costs and solar savings for this home
INVESTORS! Updated Duplex down a private drive off SE Foster Rd. Updates include Laminate flooring, interior and exterior paint, stainless steel appliances, cabinets & countertops + updated bath in unit 12837. Both are tenant-occupied. Good rental history with long-term tenants on month to month basis. Tenants pay their own utilities, Washer/dryers included. Each has a patio with attached storage + 3 total parking spaces.
RMLS #15375583
Sep 18, 2015
Sold
$205,000
Aug 27, 2015
Pending
—
Aug 17, 2015
Listed
$225,000
Tidy one level duplex.No sign. Do not disturb tenants.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R201379
Parking Spaces
—
Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 10, 2026.
CM1
Commercial/Mixed Use 1 Zone
The Commercial/Mixed Use 1 (CM1) zone is a small-scale zone intended for sites in dispersed mixed use nodes within lower density residential areas, as well as on neighborhood corridors and at the edges of neighborhood centers, town centers and regional centers. The zone is also appropriate in core commercial areas of centers in locations where older commercial storefront buildings of 1 to 2 stories are predominant. This zone allows a mix of commercial and residential uses. The size of commercial uses is limited to minimize impacts on surrounding residential areas. Buildings in this zone will generally be up to three stories tall. Development is intended to be pedestrian-oriented and compatible with the scale and characteristics of adjacent residentially zoned areas or low-rise commercial areas.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing
Housing-Group
Educational/school
Park & open space
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)
46
37
49
38
56
43
64
45
70
50
76
54
82
57
83
61
76
57
63
48
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12835 SE Foster Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $410,000 and $485,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $485K.
Local rules require you to be signed in4748 SE 111th Ave, Portland, OR 97266