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Duplex with Rooftop Deck
For Sale
$1,369,900

2135 SE 12th Ave, Portland, OR 97214

MULTI_FAMILY - Portland, OR

Property Size2,319 SF
Price / SF$590.73
Days on Market671

Property Features for 2135 SE 12th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM2d
Bedrooms 4
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bathroom 6
Subdivision LADDS ADDITION
View City
Elementary school Abernethy
Middle school Hosford
High school Cleveland
Directions SE 12th Ave, Between SE Grant St and SE Lincoln St
Standard status Active
APN R725726
Size 2,319 SF

Taxes and HOA fees

Tax Description EAST PORTLAND, BLOCK 241, LOT 1, TL 11700
Tax Annual Amount 7097
Legal Description EAST PORTLAND, BLOCK 241, LOT 1, TL 11700

Utilities

Cooling system Central Air

Amenities

roof-top deck
AC

Building Details

Year built 2023
Floors in Building 4
Number of units 2
Roof type Flat
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Oct 11, 2024 Changed: Aug 12 Last Checked: Aug 12 at 8:06PM
MLS# 24258556

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly built duplex (built in 2023) featuring a flat roof and a rooftop deck. The layout includes multiple bedrooms and bathrooms across two sizable units, with an open-concept design, hard-surface flooring, and an extensive wall of windows with vaulted ceiling for abundant natural light.

Central air provides year-round comfort. The property is zoned RM2d.

Set in the Ladds Addition area, the rooftop deck is described as rising above the trees with views of the cityscape, bridges, the Willamette River, and the West Hills. Nearby convenience points include approximately 0.07 miles to eats, 0.1 miles to coffee/juice and theaters, 0.1 miles to grocery, and about 0.2 miles to Ladds Rose Garden.

Key Highlights

  • Rooftop deck described as offering views of the cityscape, bridges, Willamette River, and West Hills
  • Built in 2023 duplex with open concept design and vaulted‑ceiling window wall
  • 2,319 SF duplex under RM2d zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Tanning Salon Pet Grooming Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,992
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly built duplex with rooftop deck, flat roof, central air, and RM2d zoning in Portland’s Ladds Addition.
Where is this duplex located?
The property is located at 2135 SE 12th Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,369,900.
What are key features of this property?
This property features: Rooftop deck described as offering views of the cityscape, bridges, Willamette River, and West Hills; Built in 2023 duplex with open concept design and vaulted‑ceiling window wall; 2,319 SF duplex under RM2d zoning
More about this property
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