$629,000

12621 SE Tibbetts St Unit 12623 Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated payment $4,037/month

6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

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

Nicholas Sackman

MORE Realty Brokerage Phone: 503-679-7974 License #201214351 Listed on: 11/11/2025

MORE Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,749

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 2008
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding,Other
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Mill Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: R2.5
  • Parcel #: R589825

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 8748.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.1
  • Annual Gross Income: 48000.0
  • Property Net Operating Income: 38000.0
  • Annual Operating Expense: 10000.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Regional Multiple Listing Service (RMLS)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $449,925 New Conventional
Previous Owner $289,656 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 435209689

Regional Multiple Listing Service (RMLS)

APN: R589825