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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) totally remodeled and this 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. https://www.leachgarden.org/ DO NOT DISTURB TENANT IN UNIT 12835.
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
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Attached storage
Crawl space basement
Window coverings
Bedrooms
Two 2-bedroom units (each unit has 2 bedrooms)
Bathrooms
Two 1-bath units (each unit has 1 bathroom)
Kitchen
Dishwasher
Range
Laundry & utility
Washer/dryer hookup
Heating & cooling
Forced air heating
Gas hot water
No central cooling
Exterior features
Lap siding
T-111 siding
Gentle sloping lot
Front yard landscaping
Paved road access
Home design
Multi-family property
Not attached to other structures
Restored condition
Built in 1981
Parking
Assigned parking
Off-street parking
Total of 3 parking spaces
Security
No security features
Construction
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Gas fuel
HOA & community
Zoning: CN2
Financial info
Two-unit multifamily (1 unit reporting $1,406 actual rent)
Cap rate 6.41
Gross rent multiplier 12.1
Electricity and solar
View estimated energy costs and solar savings for this home
INVESTORS: Good rental history with long-term tenant on month-to-month basis. Duplex with one unit (12837) totally remodeled and this 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.
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
83
57
82
60
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
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 $427,000 and $475,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $427K to $475K.