OFF MARKET

Off Market Jan 2014 for $660K

—

Est. refi paymentEst. refi $4,328/mo

•

5 ba

•

4,750

sq ft

3535 SW 12th Ave, Portland, OR 97239

About this home

Two separate homes on one lot, with a total of five separate rentable units; two of the units are non-conforming. Only a few minute's walk to OHSU, 1 block from bus #8, and next to Marquam Hill Trail head. Medical professional clientele with 0% vacancy factor, wait list, & minimal upkeep. Mechanical upgrades throughout. Outstanding income property with some leases paid far in advance, on a quiet dead-end street. Excellent opportunity!

Multi-familyProperty Type

1936Year Built

$139Price/Sq.Ft.

5 spacesParking

Listed by Kendall Woodworth • Windermere Realty Trust

Contact: lakeoswego@windermere.com

Bought with Marcus Brown • Marcus Brown Properties

Redfin checked: a few seconds ago

•Source:RMLS #13050907

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Homestead, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

100.7%

+0.9% MoM

Median sale price

$444K

$786 MoM

Avg. days on market

37d

13 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 2 HRS AGO
$950,000
2 beds3 baths2,573 sq ft
836 S Curry St #102, Portland, OR 97239
Dennis Laird • Windermere Realty Trust
NEW 15 HRS AGO
$1,175,000
3 beds3 baths3,311 sq ft
4810 SW Dosch Park Ln, Portland, OR 97239
Myles Faulkner • Windermere Realty Trust
$885,000
2 beds2 baths1,597 sq ft
841 S Gaines St #2000, Portland, OR 97239
Kirby Arkes • Sean Z Becker Real Estate
VIDEO TOUR
$799,000
3 beds3 baths3,009 sq ft
5507 SW Westwood Vw, Portland, OR 97239
Todd Talcott • Where, Inc
$699,000
2 beds2 baths1,830 sq ft
3570 S River Pkwy #401, Portland, OR 97239
Sean Becker • Sean Z Becker Real Estate
$499,000
1 bed2 baths1,061 sq ft
841 S Gaines St #712, Portland, OR 97239
Sean Becker • Sean Z Becker Real Estate
3D & VIDEO TOUR
$1,799,950
4 beds5 baths4,625 sq ft
3046 SW Fairmount Blvd, Portland, OR 97239
Monika Gray • Opt
OPEN SAT, 11AM TO 1PM
$649,900
4 beds3 baths2,032 sq ft
2226 SW Iowa St, Portland, OR 97239
John Kearney • You Realty
VIDEO TOUR
$315,000
2 beds2 baths1,059 sq ft
2521 SW Beaverton Hillsdale Hwy, Portland, OR 97239
Jessica Karman • Windermere Realty Trust
$399,900
2 beds2 baths1,170 sq ft
5624 S Riverside Ln #8, Portland, OR 97239
Tim Hardy • Keller Williams Realty Professionals
See all

Provided by Redfin

Sale history for 3535 SW 12th Ave

Tax history for 3535 SW 12th Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

1910

Sq. Ft.

2,546

Year built

1910

Style

Single Family Residential

County

Multnomah County

APN

R247170

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

RM2

Residential Multi-Dwelling 2 zone

The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Assigned, Leased
Parking Total: 5

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Basement
Basement: Unfinished

Exterior

Exterior Features
Roof: Composition
Exterior Description: Wood Siding

Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: R247170

Property Information
Property Type: Multi Family
Property Attached YN: No
View YN: No

Building Information
Year Built: 1936
Building Area Total: 4,750

Financial

Tax Information
Tax Legal Description: PORTLAND CITY HMSTD, BLOCK 46, LOT 1
Tax Annual Amount: $5,163.69

Rent Information
Rent Includes: Trash Collection, Water

Lease / Rent Information
Gross Rent Multiplier: 10.59

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 5

Unit Information
Unit Type: 1, 2, 3, 4, 5

Unit Type 1 Information
Actual Rent: $985
Area: 850
Baths Total: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Units Total: 1

Unit Type 2 Information
Actual Rent: $895
Area: 900
BathsTotal: 1
Beds Total: 1
Features: Fireplace, Hardwood Floors, Range, Refrigerator
Units Total: 1

Unit Type 3 Information
Actual Rent: $835
Area: 800
Baths Total: 1
Beds Total: 1
Features: Fireplace, Range, Refrigerator
Units Total: 1

Unit Type 4 Information
Actual Rent: $1,025
Area: 1,300
Baths Total: 1
Beds Total: 2
Features: Fireplace, Range, Refrigerator
Units Total: 1

Unit Type 5 Information
Actual Rent: $920
Area: 900
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

School Information
Elementary School: Ainsworth
Middle Or Junior School: West Sylvan
High School: Lincoln

Location Information
Directions: Sam Jackson Park Rd. - Left on 11th to Gaines
Unparsed Address: 3535 SW 12TH AVE, Portland, OR 97239

Community Information
Community Features: Laundry
Zoning: R1

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,546
Stories: 1.0
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1910
Year Renovated: 1910
County: Multnomah County
APN: R247170

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Ainsworth Elementary School

Public K-5 • Assigned • 0.9mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 3.4mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.5mi

8/10

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

2/10 Heat Factor

5 days above 91° expected this year, 10 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97239

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

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Sean Becker • Sean Z Becker Real Estate

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Monika Gray • Opt

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John Kearney • You Realty

VIDEO TOUR

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2521 SW Beaverton Hillsdale Hwy, Portland, OR 97239

Jessica Karman • Windermere Realty Trust

Home values near 3535 SW 12th Ave

Data from public records.

Address	Redfin Estimate
3516 Southwest 12th Ave, Portland, OR 3 Beds \| 1 Baths \| 1032 Sq. Ft.	$554,061
3515 Southwest 12th Ave, Portland, OR 2 Beds \| 2 Baths \| 1932 Sq. Ft.	$647,854

Address	Redfin Estimate
3525 Southwest 12th Ave, Portland, OR 4 Beds \| 3 Baths \| 2085 Sq. Ft.	$654,481
3435 Southwest 12th Ave, Portland, OR 1 Beds \| 3 Baths \| 2508 Sq. Ft.	$668,052

Address	Redfin Estimate
3709 Southwest 12th Ave, Portland, OR 6 Beds \| 2 Baths \| 2650 Sq. Ft.	$608,832
1227 Southwest Gaines St, Portland, OR 3 Beds \| 4 Baths \| 2516 Sq. Ft.	$696,007

Property information provided by RMLS when last listed in 2013. This data may not match . Learn more.

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