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12239 Steele St

Portland, OR 97236

16 bd 8 ba 7,040 sqft Built 2004 multi_family
Most recent sale
$1,425,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 25, 2025 Listed for rent $1,495 TenantTurner
Sep 28, 2022 Sold $1,425,000 MLS #22563046
Sep 10, 2022 Price changed $1,550,000 MLS #22563046
May 12, 2022 Listed $1,550,000 MLS #22563046
Jan 17, 2019 Listed for rent $1,250 ShowMojo
Apr 27, 2005 Sold $675,000 Public Record
Oct 16, 2001 Sold $50,000 Public Record
Oct 23, 1996 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $725,330 $15,733
2019 $704,210 $15,232
2018 $683,700 $14,763
2017 $663,790 $14,218
2016 $644,460 $12,733
2015 $625,690 $11,274
2014 $607,470 $10,393
2013 $589,780 $10,044
2012 $495,010 $8,496
2011 $582,020 $10,084
2010 $565,070 $11,324
2009 $548,620 $11,768
2008 $532,650 $11,488
2007 $517,140 $11,441

Property facts

Year built
2004
Property type
multi_family
Stories
3
Beds
16
Baths
8
Living area
7,040 sqft
Lot size
ZIP code
97236
City
Portland
Street
Steele St
Coordinates
45.48499, -122.53694

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$14,080
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 12239 Steele St last sell?
12239 Steele St most recently sold on Sep 28, 2022 for $1,425,000.
What is the current tax assessment for 12239 Steele St?
The most recent total assessment for 12239 Steele St (year 2020) is $725,330 with $15,733 in property tax.
How does 12239 Steele St's assessment compare to its last sale price?
The current assessment is 49.1% below the last sale price of $1,425,000.
When was 12239 Steele St built?
12239 Steele St was built in 2004.
How does 12239 Steele St compare to others on Steele St?
We track 8 other properties on Steele St. Browse the list under "Other properties on Steele St" to compare beds, baths, and sale history.
What are the property facts for 12239 Steele St?
12239 Steele St is a 16 bed, 8 bath, 7,040 sqft multi_family.
Is 12239 Steele St a flip candidate?
No — 12239 Steele St does not appear in our flips dataset.
Is 12239 Steele St a tax-appeal candidate?
No — 12239 Steele St 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
+6.4%
Implied 1-yr
+25.7%
2026 Q3
$726.3K
2026 Q4
$759.3K
ZIP 97236 — Median Price History + Forecast

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