12621 SE Tibbetts St Unit 12623 Portland, OR 97236
Powellhurst-Gilbert NeighborhoodEstimated payment $4,037/month
Highlights
- Private Lot
- Forced Air Heating System
- Garage
About This Home
Unique opportunity of a duplex boasting 3 Bedrooms & 2.5 Bathrooms on each side. The right unit has newer updated vinyl flooring & recently replaced appliances. Ideal for an owner occupied unit. Modern open floor-plan, living room includes gas fireplace, half bath on main, & 2 full bathrooms upstairs. One-car attached garage with washer & dryer hookups.Flag lot is on a secluded dead end street. 2 separate water meters for each unit.
Listing Agent
MORE Realty Brokerage Phone: 503-679-7974 License #201214351 Listed on: 11/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,749
Year Built
- Built in 2008
Lot Details
- Private Lot
- Level Lot
- Flag Lot
Parking
- Garage
Home Design
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Schools
- Mill Park Elementary School
- Ron Russell Middle School
- David Douglas High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number R589825
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $10,000
- Gross Income $48,000
- Net Operating Income $38,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,749 | $361,800 | -- | -- |
| 2024 | $8,380 | $351,270 | -- | -- |
| 2023 | $8,016 | $341,040 | $0 | $0 |
| 2022 | $7,598 | $331,110 | $0 | $0 |
| 2021 | $7,473 | $321,470 | $0 | $0 |
| 2020 | $6,770 | $312,110 | $0 | $0 |
| 2019 | $6,554 | $303,020 | $0 | $0 |
| 2018 | $6,353 | $294,200 | $0 | $0 |
| 2017 | $5,880 | $285,640 | $0 | $0 |
| 2016 | $5,442 | $277,330 | $0 | $0 |
| 2015 | $5,031 | $269,260 | $0 | $0 |
| 2014 | $4,866 | $261,420 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $629,000 | +4.9% | -- | |
| 02/10/2023 02/10/23 | Sold | $599,900 | 0.0% | $229 / Sq Ft | View Prior Sale |
| 01/12/2023 01/12/23 | Pending | -- | -- | -- | |
| 01/06/2023 01/06/23 | For Sale | $599,900 | 0.0% | $229 / Sq Ft | |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- | |
| 12/27/2022 12/27/22 | Price Changed | $599,900 | -4.0% | $229 / Sq Ft | |
| 12/07/2022 12/07/22 | For Sale | $625,000 | +67.0% | $239 / Sq Ft | |
| 11/30/2015 11/30/15 | Sold | $374,250 | -0.2% | $143 / Sq Ft | View Prior Sale |
| 11/01/2015 11/01/15 | Pending | -- | -- | -- | |
| 10/28/2015 10/28/15 | For Sale | $375,000 | +27.1% | $143 / Sq Ft | |
| 10/09/2013 10/09/13 | Sold | $295,000 | -7.5% | $94 / Sq Ft | View Prior Sale |
| 09/08/2013 09/08/13 | Pending | -- | -- | -- | |
| 05/21/2013 05/21/13 | For Sale | $319,000 | -- | $101 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $599,900 | First American Title | |
| Warranty Deed | $374,250 | Old Republic Title | |
| Interfamily Deed Transfer | -- | First American | |
| Warranty Deed | $295,000 | First American | |
| Warranty Deed | $65,000 | First American Title Insuran |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $449,925 | New Conventional | |
| Previous Owner | $289,656 | FHA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 435209689
APN: R589825
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