$10,000

closing credit¹

2312 SE Madison St Portland, OR 97214

$1,095,000
3,414 sqft
0.08 acres
$321 / sqft
House

Property details

About 2312 SE Madison St

LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves for all of the units and a mini-split in one of the units. The basement has coin-operated laundry and storage lockers for each unit. Three of the tenants are on month-to-month agreements, one lease ends June 30, 2025 and one ends July 31, 2025. Please do not disturb the tenants.

Highlights

Home typeOther
HeatingZoned, Other
StatusActive
CoolingZoned, None
Size3,414 sqft
BasementYes
Lot size0.08 Acres
Year built1906
ParkingStreet Parking
MLS #718411460

Summary

  • MLS Number: 718411460
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Mal & Seitz
  • Office Phone: (503) 722-7000
  • Listing Agent: Merilee Lloyd

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$1,095,000

2312 SE Madison St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 22, 2015
Home Sold
$857,300
Oct 26, 2001
Home Sold
$325,000
Dec 11, 1996
Home Sold
$17,500
Dec 11, 1996
Home Sold
$245,000

Tax history

YearAssessmentProperty Tax
2023$385,080$10,204
2022$373,870$9,983
2021$362,990$9,983
2020$352,420$9,814
2018$332,200$8,417
2017$322,530$8,067

History based on county public records data.

Nearby schools

7

Buckman Elementary School

Public District KG-5

0.6 mi

320 SE 16th Ave

10

Abernethy Elementary School

Public District KG-5

0.7 mi

2421 SE Orange Ave

8

Richmond Elementary School

Public District PK-5

1.2 mi

2276 SE 41st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,868. The most common annual income of people living in Portland, OR is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
39%
35k-100k
11%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

78%
Single, No Kids
4%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
48%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2312 SE Madison St

This home is located at 2312 SE Madison St in Portland, OR and zip code 97214 in the Southeast Portland neighborhood. This 3,414 square foot home, which was built in 1906, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,095,000.

In January 2025 more than 140 listings in Portland, OR were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 247 were sold below. The inventory of homes for sale in Portland, OR between December and January 2025 increased by 6.6%. In January 2025 median list price was $545,233 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.

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