97294, OR homes for sale & real estate

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ABOUT THIS HOME
97294, OR Homes for Sale
Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages—parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it’s own laundry area with washer

$730,000

4 beds4 baths2,477 sq ft

12344 SE Bush St, Portland, OR 97236

Near shopping • Central location • Large lot

Sally Mehalovich • RE/MAX Advantage Group

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ABOUT THIS HOME
97294, OR Homes for Sale
12231 SE Bush Street, The Shire II, presents the opportunity to acquire a 2009 vintage apartment complex in Southeast Portland at the low cost basis of $137,500 per unit, or $138 per square foot. The property is a 20-unit apartment complex built in 2009, offering a uniform unit mix of large 2 Bed / 2 Bath apartments averaging approximately 1,000 square feet. The spacious floor plans, second bathrooms, and on-site parking provide a highly livable tenant experience and help support resident retention. Additionally, each unit includes a deck or patio space, storage, and in-unit washer and dryer. From a physical standpoint, the 2009 construction and copper plumbing materially reduce near-term

$2,750,000

40 beds40 baths20,000 sq ft

12231 SE Bush St, Portland, OR 97236

Copper plumbing • On-site parking • Deck or patio space

Jude Soldati • SMI Commercial Real Estate LLC

Average home prices near 97294, OR

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Zip Codes

97294, OR real estate trends

$410K

Sale price

-4.7%
since last year

$206

Sale $/sq ft

-14.2%
since last year

Over list price

2.5%

Days on market

Down payment

—

Total homes sold

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15 Redfin agents serving 97294

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Homes closed*

* Data from the last year

Popular Markets in Oregon

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Data Last Updated Sat Oct 10 2026

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