3124 SE 20th Ave, Portland, OR 97202

Local realty services provided by:ERA Freeman & Associates, Realtors
3124 SE 20th Ave,Portland, OR 97202
$1,599,999
  • 0.3 Acres
  • Lots / Land
  • Active
Listed by: darryl bodle, michael brazie
Office: keller williams realty portland premiere
MLS#:292227027
Source:PORTLAND

Price summary

  • Price:$1,599,999

About this home

Located in the Hosford Abernethy neighborhood, this rare RM2 zoned development opportunity sits on a generous 0.30 acre lot in one of Southeast Portland’s most established and highly sought after areas. The primary value is in the land, offering size, configuration, and zoning that support meaningful redevelopment potential in a close-in location. RM2 zoning allows for medium scale multifamily development consistent with the surrounding urban fabric, subject to buyer verification and City of Portland approvals. The lot’s depth, frontage, and overall scale create flexibility for a range of redevelopment concepts, whether pursued as a single phase or through a staged approach. Existing on the property are two detached homes with utilities, access, and improvements in place, providing optional interim holding income while development plans are finalized. One structure is a 1,944 square foot duplex with two units and basement areas. The second is a 1,682 square foot detached home with

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:292227027
  • Added:30 day(s) ago
  • Updated:February 11, 2026 at 12:20 PM

Structure and exterior

  • Lot area:0.3 Acres

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Abernethy

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,599,999
  • Tax amount:$13,715 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 11, 2026

New listings near 3124 SE 20th Ave