3124 SE 20TH AVE Portland, OR 97202
Price:
$1,550,000
Units:
3
Acres:
0.3
Unit 1:
2 Bed 1.0 Bath $1,800/mo
Features: Dishwasher, Microwave, Range, Washer/Dryer Hookup
Unit 2:
2 Bed 1.0 Bath $1,900/mo
Features: Dishwasher, Range, Washer/Dryer Hookup
Unit 3:
3 Bed 2.1 Bath $3,025/mo
Features: Dishwasher, Range, Washer/Dryer Hookup
MLS#:
592486582
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
RM2
Yr Built:
1911
Taxe/yr:
$13,714.94
County:
Multnomah
Status:
Active
Levels:
3
Heat:
Forced Air
Elem:
Abernethy
Middle:
Hosford
High:
Cleveland
Lot Desc:
Level
Area:
Portland Southeast
Courtesy of:
Cascade Hasson Sotheby's International Realty
Remarks:
Rare opportunity to own an income-generating property with two detached homes on a spacious 13,000 sq ft RM2-zoned lot in desirable SE Portland. The 1,944 sq ft duplex offers two separate 2-bedroom, 1-bath units, plus a 964 sq ft unfinished basement. The second home provides approximately 1,682 sq ft with 3 bedrooms, 2.5 baths, and an additional 864 sq ft basement. Both homes feature fully fenced yards and share a detached three-car garage, with one space for the duplex and two for the second home. RM2 zoning provides future development flexibility, including potential for a larger, multi-story multi-dwelling project, subject to zoning requirements and buyer verification. An excellent opportunity for investors, owner-occupants, or multi-generational living, with multiple avenues for rental income and long-term growth. Conveniently located just six blocks from New Seasons Market and Clinton Community Garden, with nearby restaurants, coffee shops, parks, and neighborhood amenities. A rare SE Portland property offering immediate income potential, flexibility, and future development possibilities.
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