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About this home
Great opportunity! ! Priced below market value, ready for a quick sale, and ready for its next owner. This 1950s home retains much of its original charm and character while offering several important recent updates, including a newly updated bathroom, beautifully refinished hardwood floors, a new electrical panel, new water heater and new windows. The home features three bedrooms, one bathroom, a nice fenced yard, and plenty of room to make it your own. One of the best features is the amazing detached two-car garage/shop with newer garage doors, offering tons of additional space for parking, storage, hobbies, projects, or whatever your buyer needs. A great opportunity at this price point with lots of potential! *** Some photos in this listing have been digitally enhanced. Seller is currently in the process of moving. Buyer to perform due diligence. ***
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Around this home
Schools
K - 12
Preschool & daycare
Lynch View Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Centennial High School
Public 9-12 • Assigned • 1.4mi
4/10
Provided by GreatSchools
About
Centennial
Centennial, located between I-205 and SE 162nd Ave, is a residential and commercial Portland neighborhood with wide arterial streets and pocket parks. The neighborhood’s energy concentrates around SE Division St and SE 162nd Ave, where taquerias, international groceries, and small storefront services line the sidewalks. Parkrose Hardware stands out as a long-running local anchor for tools, garden supplies, and practical know-how. The Zenger Farm campus adds a working-farm landscape and seasonal community programming. Housing skews toward mid-century ranches and newer infill, with larger lots appearing on quieter side streets. Ed Benedict Park and the Springwater Corridor shape daily routines with fields, trails, and open sky.
Provided by Walk Score and Local Logic
Offer insights
16245 SE Market St · $349,000
$349K and above
75% chance or better to win
Why $349K+ is a strong offer
DAYS ON MARKET
47 days
The average home goes pending in 17 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Wood-burning fireplace
Double-pane windows with vinyl frames
Crawl space
Bedrooms
Three bedrooms on the main level
Bathrooms
One full bathroom on the main level
Kitchen
Free-standing range
Free-standing refrigerator
Flooring
Hardwood floors
Vinyl flooring
Heating & cooling
Forced-air heating
Central air conditioning
Exterior features
Covered patio
Outbuilding
Level lot
Paved road
Home design
Single-level home
Updated and remodeled
Parking
Detached garage with two spaces
Driveway parking
Off-street parking
Construction
Built in 1955
Wood siding
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Gas fuel
Cable and satellite internet service
Electricity and solar
View estimated energy costs and solar savings for this home
Original charm and character of 50's construction. Updated furnace, roof looks to be in great shape, nice sized family room, fenced in yard with a garden and 2 car detached garage. Perfect starter home
Year
Property tax
Land + Additions
Assessment*
2025
$6,424 (−0.7%)
2024
$6,469 (+13.9%)
2023
$5,679 (+7.8%)
2022
$5,266 (+34.6%)
2021
$3,911 (+12.1%)
2020
$3,488 (+3.9%)
2019
$3,356 (+3.5%)
2018
$3,244 (+3.8%)
2017
$3,125 (+3.7%)
2016
$3,013 (+11.0%)
2015
$2,714 (+10.7%)
2014
$2,451 (+11.5%)
2013
$2,198 (+1.9%)
2012
$2,156 (−7.6%)
2011
$2,334 (−10.6%)
2010
$2,610 (+0.6%)
2009
$2,595
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
140 ft.
Lot size
7,000 Sq. Ft.
Year renovated
1955
Finished Sq. Ft.
1,252
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,252
Year built
1955
Style
Single Family Residential
County
Multnomah County
APN
R174588
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R7
H
Residential 7,000 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.
Zone overlays
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Housing
Dec 17, 2020 • Final
Plumbing
Replace galvanized water piping throughout the house. Install a new bathtub and valve.
Bathroom
Plumbing
Aug 16, 2004 • Final
Electrical
Electrical
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.
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
61
46
52
43
49
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 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.
9.3 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16245 SE Market St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $306,000 and $435,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $306K to $435K.