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12550 SE Main St, Portland, OR, 97233

3beds
2baths
1,140sqft
$230,000
$202price/sqft
$1,862/moest. monthly cost
$74,480/yrincome needed

About This Home

One-level 3-bedroom, 1.5-bath condo in a well-kept 55+ community offering low-maintenance living in a peaceful setting. Enjoy a courtyard outlook from the living and dining areas, complemented by a wood-burning fireplace and abundant natural light throughout. Hardwood floors run through the main living spaces, creating a warm and cohesive feel. The primary bedroom features a walk-in closet and private half bath. A second bedroom provides built-in shelving ideal for a home office, hobbies, or organized storage, while the third bedroom provides flexible space for guests. Outdoor living includes a covered, private patio with a storage shed. Additional storage is available in the attic.Improvements include a mini-split heat pump, newer windows with blinds, updated hall bath, and newer dishwasher and range. Washer, dryer, and refrigerator are included.Two deeded parking spaces—one covered and one uncovered—add everyday convenience. HOA covers landscaping, irrigation, exterior maintenance, water, sewer, and trash. The community provides a clubhouse with kitchen, pool and lovely yard area perfect for picnics or special occasions. Conveniently located near bus stops and Multnomah County Library. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245774]

Getting Around

61
WalkingSomewhat Walkable
47
TransitSome Transit
81
BikeVery Bikeable

Schools

5/10
4/10
2/10
David Douglas High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1966

Materials

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Construction materials: Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Microwave,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Hardwood Floors
  • Level: Main
  • Area: 121

Bedroom3

  • Features: Hardwood Floors
  • Level: Main
  • Area: 99

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Features: Hardwood Floors, Sliding Doors
  • Level: Main
  • Area: 90

Features

  • High Speed Internet,Double Vanity,Bathroom,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Heat Pump,Mini Split
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,140
  • Total interior livable area: 1,140 sqft

Kitchen

  • Features: Dishwasher, Disposal, Hardwood Floors, Microwave,Double Sinks, Free Standing Range, Free Standing Refrigerator
  • Level: Main
  • Area: 64

Living Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 224

Master Bedroom

  • Features: Bathroom, Hardwood Floors,Walkin Closet
  • Level: Main
  • Area: 150

Property

Accessibility

  • Accessibility features: Ground Level,Main Floor Bedroom Bath,Natural Lighting,One Level,Parking,Utility Room On Main,Walkin Shower,Accessibility

Details

  • Parcel number: R136691

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main Level
  • Patio & porch: Patio

Lot

  • Features: Commons,Cul-De-Sac,Level,On Busline,Secluded

Parking

  • Total spaces: 1
  • Parking features: Deeded,Off Street,Condo Garage (Deeded),Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,163$13,956
Home Insurance *$56$672
Property Taxes $467$5,604
Electricity $176$2,119
Total$1,862$22,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,840/yr
40% on housing$55,860/yr
45% on housing$49,653/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 97233$178
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97233$264
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$230,000
2016-04-26Sold$160,000
2004-06-18Sold$120,000

For Sale by Agent

AgentBarbara Ralston
BrokerageMORE Realty

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