This unique portfolio offers two separate tax lots .36 each 10412 and 10422 SE Division St totaling .72 acres of prime land just a third of a mile from the I-205 interchange. With 33,000 square feet of raw land zoned RM1, this property is ideally suited for residential development.The RM1 zoning is specifically designed for multifamily development, allowing for a variety of housing options such as duplexes, triplexes, rowhouses, and small apartment complexes. The highest and best use is building. This is a rare opportunity to develop in a highly desirable location with easy access to major transportation routes and local amenities. Old House with no value on 10422 Demolished at cost to seller to help expedite development plan for potential buyer. Preliminary plan documents for townhouse development available upon request from interested buyers.
Property Details
Property Features
Listing Office:
Office Name: Fathom Realty Oregon, LLC
Office Phone: (503) 866-6682
Listing Agent: Frederick Seid
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.72 Acres
Other
Directions Information:
Directions: East Division to 10412-10422 SE Division St
Price Information
Listing Price Info
Price Summary:
List Price: $820,000
Tax Information:
Annual Amount: $2,829
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portland, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 08, 2016
Jul 08, 2016Home Sold
$585,000
Jan 15, 2004
Jan 15, 2004Home Sold
$136,000
Feb 01, 1990
Feb 01, 1990Home Sold
$21,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,829
$110,730
2018
$2,644
$104,380
2017
$2,535
$101,340
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,160
Per Month
Principal & Interest
$4,093
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,525
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Cherry Park Elementary School
1930 SE 104th Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-5
2
/10
West Powellhurst Elementary School
2921 SE 116th Ave
Distance between this listing and this school0.64 miles
Public District Grades PK-5
2
/10
Earl Boyles Elementary School
10822 SE Bush St
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Nearby Schools
3
/10
Ron Russell Middle School
3955 SE 112th Ave
Distance between this listing and this school0.77 miles
Public District Grades 6-8
5
/10
Harrison Park Middle School
2225 SE 87th Ave
Distance between this listing and this school0.92 miles
Public District Grades 6-8
8
/10
Creative Science K-8 School @Clark
1231 SE 92nd Ave
Distance between this listing and this school0.95 miles
Public District Grades KG-8
Nearby Schools
6
/10
Leodis V. McDaniel High School
3905 SE 91st Ave
Distance between this listing and this school1.01 miles
Public District Grades 9-12
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school1.66 miles
Public District Grades 9-12
7
/10
Franklin High School
5405 SE Woodward St
Distance between this listing and this school2.45 miles
The neighbors living near this home have an average income of $30,968. The most common annual income of people living in Portland, OR is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10412 SE Division St
What is the listing price of this property?
The listing price of 10412 SE Division St property is $820,000.
What type of property is this?
The property 10412 SE Division St is land located in Portland, Oregon, 97266.
Is this property for sale now?
Active Listing: 10412 SE Division St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,829 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 8, 2016 for $585,000. (source: MLS/tax record).
How much acreage is this property?
The property 10412 SE Division St is 0.72 acres.
Interested in 10412 SE Division St? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 10412 SE Division St in Portland, OR and zip code 97266 in the East Portland neighborhood. This home sits on a 0.72 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $820,000.
While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
H&M
Burlington
Foot Locker
Popeyes
White Castle
Boston Market
Nissan
Kia
Honda
Rhythmic Contemporary Hits
Urban Adult Contemporary