11851 SE MADISON ST, Portland, OR 97216

$555,000
3
BD
2
BA
2,458
SqFt

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Sold Price
$555,000
List Price
$575,000
Closing Date
May 28, 2026
Days on Market
49
Status
SOLD
MLS#
138793614
Bedrooms
3
Bathrooms
2
Living Area
2,458
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Southeast

Property Description

Lovingly maintained by the same owner for over 35 years, this spacious 3-bedroom, 2-bath daylight ranch is rich with mid-century modern character—clean lines, natural light, and timeless design elements throughout. Recent major upgrades include a brand-new composition roof and electrical panel, both completed within the last few months, offering peace of mind alongside the home's classic appeal. The main level showcases beautiful, refinished hardwood floors, a generous living room with an expansive picture window, gas fireplace, and a formal dining area with tray ceiling perfect for gatherings. The cozy kitchen with a sunny breakfast nook captures the charm of the era, while fresh interior paint, updated light fixtures and stainless-steel appliances bring a refreshed feel. A wood stove downstairs and a gas fireplace upstairs add warmth and vintage ambiance. The full lower-level apartment—with a private entrance—offers incredible versatility. Ideal for rental income, guests, or multi-generational living; it features a large family room, dining area, kitchenette, full bath, and a 3rd bedroom. A spacious laundry/utility room provides ample storage and workspace. A generous 4-car garage is paired below with a spacious 15x20 unfinished bonus area—ideal for a creative studio, sleek home office, or functional workshop. Set on an oversized lot surrounded by mature landscaping, this park-like setting with idyllic pathways features a fully fenced private backyard with spacious garden area, fruit trees, a storage shed, fire pit, space for a pool and is patio—perfect for outdoor entertaining. Conveniently located near parks, shops, and transit, this timeless mid-century residence is ready for its next chapter. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242335]

Additional Information

Tax Amount
$6,663
Year Built
1955
High School
David Douglas
Elementary School
Ventura Park
Middle School
Floyd Light
Fireplaces Total
1
Garage Spaces
4
Garage Type
Attached, Extra Deep, Oversized
Acres
0.27
Living Area
2,458
Stories
1
Subdivision
Mill Park
Property Type
Single Family Residence
Lot Size Dimension
11,700 Sq Ft
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Garage on Main, Parking
Master Bedroom Level
Main
Fireplace Description
Gas
Fuel Description
Gas
Heating Description
Forced Air - 95+%, Wood Stove
Hot Water Description
Gas
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Daylight Ranch, Mid-Century Modern
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Deck, Fenced, Garden, Patio, RV Parking, Storm Door(s), Tool Shed, Yard
Interior Features
Garage Door Opener, Hardwood Floors, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Wall to Wall Carpet, Washer/Dryer, Wood Floors
Kitchen Appliances
Built-in Oven, Cooktop, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jones Group Realtors, LLC. Selling Office: Redfin.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.