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Duplex with Two Vacant 2BR Units
New
For Sale
$389,900

12106 SE Market St, Portland, OR 97216

MULTI_FAMILY - Portland, OR

Days on Market5

Property Features for 12106 SE Market St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Elementary school Mill Park
Middle school Floyd Light
High school David Douglas
Directions SE Market St & SE 122nd Ave
Subdivision _143
Standard status Active
APN Not Found

Taxes and HOA fees

Tax Description PARTITION PLAT 2022-26, LOT 1
Tax Annual Amount 4372
Legal Description PARTITION PLAT 2022-26, LOT 1

Utilities

Heating system Forced Air

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Listing Agency: 24/7 Properties
Listed By: Antoine Dean
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 3 at 8:06AM
MLS# 349745447

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.

This duplex features two 2BR/1BA units, with both units currently vacant. The property is suited for an owner-occupant who wants rental income support, or for an investor seeking flexibility with move-in-ready units. Updates include newer windows, a newer roof, and newer paint, along with other upgrades noted in the remarks. Heating is provided by forced air.

The property is located at 12106 SE Market St in Portland, Oregon 97216, within RM1 zoning.

Built in 1940, the duplex consists of multiple bedrooms and bathrooms across the two units, offering an owner or tenant practical layout flexibility while keeping operations simple as a two-unit building.

Key Highlights

  • Two 2BR/1BA units, both vacant
  • RM1 zoning
  • Newer windows, newer roof, and newer paint

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Electrical Service Parking Lot & Garage Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two 2BR/1BA units are vacant in this RM1 duplex with forced-air heat and recent exterior and interior updates.
Where is this duplex located?
The property is located at 12106 SE Market St Portland, OR.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two 2BR/1BA units, both vacant; RM1 zoning; Newer windows, newer roof, and newer paint
More about this property
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