RealtyLens
for saleRealtyLens property overview
$510,000

12040 NE Morris St

Portland, OR, 97220
View more Portland, OR property pages
4Beds
1Baths
1,370Sqft
$372$/sqft

Listing Notes

Updated single-level home on a corner lot in Parkrose Heights with exceptional curb appeal and a bright, polished interior. From the moment you step inside, the natural light and clean finishes make the whole space feel open and inviting, with skylights bringing in even more light throughout the main living areas. Beautiful wood floors run through the home, paired with thoughtful updates that keep everything feeling fresh without losing its charm. The cozy wood-burning fireplace adds warmth and character to the living space, creating a comfortable spot to gather. The kitchen features a spacious chef-style layout with granite counters, gas stove, and a cohesive built-in design linking the kitchen and dining room together. The space is full of character including a dedicated desk area that's perfect for working from home or staying organized. The laundry room doubles as a mudroom and is dialed in with custom bench seating and built-in storage, creating a functional drop zone that works for day-to-day life. Out back, the fully fenced yard offers a mix of lawn and patio space with mature trees for privacy, plus plenty of room to relax or entertain. The detached garage adds valuable flex space for a shop, storage, or hobbies, along with a driveway for additional parking. Clean, bright, and beautiful with the right updates already in place. [Home Energy Score = 1. HES Report

Market Insights

Below nearby median-7.5%

$372/sqft vs a nearby median of $402/sqft.

Nearby median$402/sqft
Nearby properties8
Property size1,370 sqft
  • -7.5% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,370 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$551k$505k$597k · 57% confidence
vs ask $510k−$41k (−8.0%)

Asking price is about 8.0% below the fair value — likely to draw competing offers if it's still on market.

$402/sqft median across 7 tight comps × 1,370 sqft= $551k
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-7.5% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 6, 2026
Photos
32 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$510,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.