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2135 SE 12th Ave, Portland, OR, 97214

4beds
6baths
2,319sqft
$1,369,900
$591price/sqft
$8,581/moest. monthly cost
$343,240/yrincome needed

About This Home

This stunning duplex boasts a phenomenal Ladds Addition location with roof-top deck that rises above the trees, offering unparalleled views of the expansive cityscape, bridges, the picturesque Willamette River, and the majestic West Hills. With 100 BikeScore, proximity + luxury unite! Step inside to discover the epitome of modern living, complete with high-end finishes and attention to detail in both sizable units. The thoughtful, open concept creates seamless living while the extensive wall of windows with vaulted ceiling offers an abundance of light + bright airiness! The chefs kitchen provides custom cabinetry, slab counters, stainless steel appliances, floating shelves + large eat-island plus hard surface flooring! The sleek exterior design of the property is a true testament to contemporary architectural elegance with new construction peace of mind! Standout features continue with rare + desirable garage and AC. Don't miss this exceptional investment opportunity to own a piece of urban paradise in one of the most sought-after neighborhoods with this caliber of finish! Perfect proximity, just steps to amenities; only 0.07 miles to eats, 0.1 miles to coffee/juice, theaters, grocery, and 0.2 miles to Ladds Rose Garden! Bolster your investment portfolio with the phenomenal opportunity!

Getting Around

95
WalkingWalker's Paradise
66
TransitGood Transit
100
BikeBiker's Paradise

Schools

10/10
7/10
Hosford Middle SchoolGrades 6-80.8 mi
7/10
Cleveland High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 2023

Materials

  • Roof: Flat
  • Construction materials: Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • Partial bathrooms: 2

Heating & Cooling

  • Heating features: Mini Split
  • Cooling features: Central Air,Air Conditioning

Interior Area

  • Total structure area: 2,319
  • Total interior livable area: 2,319 sqft

Property

Details

  • Parcel number: R725726
  • Zoning: RM2d

Features

  • Stories: 4
  • Patio & porch: Deck
  • Has view: Yes
  • View description: City,Trees/Woods

Lot

  • Features: Level,SqFt 0K to 2999
  • Lot size dimensions: 37.5 x 50 x 100 x 10

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $6,926$83,112
Home Insurance *$281$3,372
Property Taxes $1,164$13,968
Electricity $210$2,525
Total$8,581$102,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,205/yr
40% on housing$257,430/yr
45% on housing$228,826/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

$591This listing

vs Other Active Listings

Avg $/sqft

ZIP 97214$251
Multnomah County$243

vs Homes Sold Last Month

Median $/sqft

ZIP 97214$319
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
2024-10-11Listed for sale$1,369,900
2024-07-05Listing removed--
2024-06-07Listed for rent$3,250

For Sale by Agent

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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