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408 12th Ave

Portland, OR 97209

1 bd 1 ba 1,082 sqft Built 1998 condos
Most recent sale
$520,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $520,000 MLS #22672150
Mar 18, 2022 Price changed $519,999 MLS #22672150
Feb 18, 2022 Listed $529,999 MLS #22672150
Aug 1, 2007 Sold $445,000 Public Record
Nov 5, 2006 Listing removed $449,000 RMLS
Aug 5, 2006 Listed $449,000 MLS #6067906
Nov 16, 2001 Sold $255,000 Public Record
Jan 1, 1998 Sold $199,670 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $258,110 $6,948
2024 $258,110 $6,698
2023 $243,310 $6,441
2022 $236,230 $6,301
2021 $229,350 $6,195
2020 $222,670 $5,682
2019 $216,190 $5,474
2018 $209,900 $5,313
2017 $203,790 $5,092
2016 $197,860 $4,660
2015 $192,100 $4,537
2014 $186,510 $4,469
2013 $181,080 $4,365
2012 $175,810 $3,949
2011 $170,690 $3,799
2010 $165,720 $3,600
2009 $160,900 $3,505
2008 $156,220 $3,309
2007 $151,670 $3,302

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
1,082 sqft
Lot size
ZIP code
97209
City
Portland
Street
12th Ave
Coordinates
45.52606, -122.68285

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,164
Gross rental yield
4.99%
Implied cap rate
3.25%
Trend-extrapolated value

Frequently asked questions

When did 408 12th Ave last sell?
408 12th Ave most recently sold on Apr 22, 2022 for $520,000.
What is the current tax assessment for 408 12th Ave?
The most recent total assessment for 408 12th Ave (year 2025) is $258,110 with $6,948 in property tax.
How does 408 12th Ave's assessment compare to its last sale price?
The current assessment is 50.4% below the last sale price of $520,000.
When was 408 12th Ave built?
408 12th Ave was built in 1998.
How does 408 12th Ave compare to others on 12th Ave?
We track 8 other properties on 12th Ave. Browse the list under "Other properties on 12th Ave" to compare beds, baths, and sale history.
What are the property facts for 408 12th Ave?
408 12th Ave is a 1 bed, 1 bath, 1,082 sqft condos.
Is 408 12th Ave a flip candidate?
No — 408 12th Ave does not appear in our flips dataset.
Is 408 12th Ave a tax-appeal candidate?
No — 408 12th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$420.2K
2026 Q4
$406.5K
ZIP 97209 — Median Price History + Forecast

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