Listing provided courtesy of Pellego, LLC- MLS# 202498781MLS ProviderContact Information: 425-239-5865

12140 SE BUSH STPortland, OR 97266

Multi-Family
$989,900 Active

12140 SE BUSH ST Overview

Time on Site:
18 days
Visits:
0

Discover an income-producing 5-unit property located in an established Portland neighborhood. Each thoughtfully designed unit features a highly functional layout with 2 to 3 bedrooms and 1.5 bathrooms, ideal for attracting and retaining long-term tenants. Interiors include laminate flooring on the main level, carpeted upper floors, convenient powder rooms, and well-appointed kitchens with modern appliances. Bedrooms are located upstairs and share a Jack-and-Jill bathroom, while charming front entries and private back patios enhance appeal. This property is built for ease of management, offering six electrical meters, a covered trash and recycling area, and simple, low-maintenance landscaping. A compelling value-add opportunity, current rents are estimated to be approximately 18% below market rates, providing immediate upside potential and increased cash flow. Investors may also consider an owner-occupant strategy by living in one unit while leasing the others to offset mortgage expenses. This property benefits from strong rental demand and convenient access to local amenities, transportation, and major corridors.

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12140 SE BUSH ST Facts & Features

  • Type Multi-Family

Details

General

School Information

  • Elementary School: W Powellhurst
  • Middle Or Junior School: Ron Russell
  • High School: David Douglas

Income/Expenses

  • Gross Income: 94534.0
  • Net Operating Income: 76026.0
  • Operating Expense: 18508.0

Building Information

  • Year Built: 2016

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Rent Includes: Water

Tax Information

  • Tax Annual Amount: 8530.89
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: R534300
  • Property Type: Multi Family
  • Zoning: RM2

Interior

General Information

  • Basement: Crawl Space
  • Heating: Wall Furnace
  • Security Features: Security Lights,Sidewalk
  • Stories: 2

Exterior

Lot Information

  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer

12140 SE BUSH ST Neighborhood

Community

97266 (Portland) Demographics

37
Median Age
6,074
Population Density (per sq. mile)
34%
College Educated
$59,062
Estimated Median Income
7,421
Estimated Total Home Owners
6,018
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12140 SE BUSH ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12140 SE BUSH ST Market Data

Based on the last 30 days in this zip code

$442,581
Average List Price
$273
Average Price per Square Foot
21
Properties Sold
93
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

12140 SE BUSH ST History

Date Event Value Agent
6/11/2026Source: Regional MLS Added to Database
June 11, 2026