For SaleRisky Deal0 days on market
12629 SE Reedway St
12629 SE Reedway St, Portland, OR 97236, Portland, OR 97236
$439,900
Listing Price
12629 SE Reedway St, Portland, OR 97236
Loc: Portland, OR
Days Listed
0
Tax Assessed
$437k
Lot Size
8,276 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Gilbert Park Elementary School
PK-5
0.3 mi away
6
Alice Ott Middle School
6-8
0.2 mi away
2
David Douglas High School
9-12
2.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-levelsuburbansingle-family homeattached garagewood sidingasphalt shingle roofraised deckcontainer gardeningconcrete drivewayresidentialcozy vibemature treestwo-story additionentry porch
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.08%
Total ROI
91.0%
Cash Flow
$-54/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-54/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Portland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $439,900 | $274 |
| 2022-05-19 | Sold | $461,000 | $287 |
| 2022-04-19 | Pending sale | $449,900 | $280 |
| 2022-04-07 | Listed for sale | $449,900 | $280 |
| 2020-07-24 | Sold | $350,000 | $218 |
| 2020-06-13 | Pending sale | $349,900 | $218 |
| 2020-06-05 | Listed for sale | $349,900 | $218 |
| 2017-12-29 | Listing removed | $1,450 | $1 |
| 2017-12-16 | Listed for rent | $1,450 | $1 |
| 2005-12-06 | Sold | $190,815 | $119 |
| 2004-05-20 | Sold | $145,000 | $90 |
| 1997-11-20 | Sold | $140,000 | $87 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,248.29 | $175,690 |
| 2024 | $4,069.41 | $170,580 |
| 2023 | $3,892.68 | $165,620 |
| 2022 | $3,689.94 | $160,800 |
| 2021 | $3,629.32 | $156,120 |
| 2020 | $3,101.87 | $143,000 |
| 2019 | $3,003.08 | $138,840 |
| 2018 | $3,003.08 | $134,800 |
| 2017 | $2,910.81 | $130,880 |
| 2016 | $2,729.58 | $127,070 |
| 2015 | $2,729.58 | $123,370 |
| 2014 | $2,664.27 | $119,780 |
| 2013 | $2,252.11 | $116,300 |
| 2012 | $2,128.59 | $112,920 |
| 2011 | $2,316.91 | $109,640 |
| 2010 | $2,292.59 | $106,450 |
| 2009 | $2,240.96 | $103,350 |
| 2008 | $2,164.16 | $100,340 |
| 2007 | $2,155.26 | $97,420 |
| 2006 | $2,055.19 | $94,590 |
| 2005 | $1,984.97 | $91,840 |
| 2004 | $1,931.4 | $89,170 |
| 2003 | $1,899.73 | $86,580 |
| 2002 | $1,743.57 | $84,060 |
| 2000 | $1,867.88 | $95,430 |
| 1999 | $1,489.91 | $76,950 |
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