3124 SE 20th Ave, Portland, OR 97202
Local realty services provided by:Knipe Realty ERA Powered
3124 SE 20th Ave,Portland, OR 97202
$1,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: thomas cale, justin krug
Office: cascade hasson sotheby's international realty503-420-8650
MLS#:592486582
Source:PORTLAND
Price summary
- Price:$1,550,000
About this home
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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Home facts
- Year built:1911
- Listing ID #:592486582
- Added:3 day(s) ago
- Updated:September 07, 2026 at 11:31 AM
Rooms and interior
- Basement Description:Full Basement, Partial Finished
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1911
- Lot area:0.3 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Schools
- High school:Cleveland
- Middle school:Hosford
- Elementary school:Abernethy
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Tax amount:$13,715 (2025)
Parking
- Total parking spaces:9
- Parking description:Garage, RV Access Parking
- Garage spaces:3
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