3124 SE 20th Ave

Portland, OR 97202
  • $1,550,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 0.3

    Acre

About the Listing CAHS04 - TOMMYC,KRUGJUST

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.

Listing Highlights for 3124 SE 20th Ave

Status Active
Days on Site 43
Property Type Multi-Family
MLS ® 592486582
Year Built 1911
Lot/Acreage 0.3
County Multnomah
Elementary School Abernethy
Middle School Hosford
High School Cleveland

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Full Basement,Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: 3 car
  • Parking Spaces: 9
  • Lot Dimensions: 100' x 130'
  • Zoning: RM2
  • Roof: Composition
  • Others: Approximately
  • Sewer: Public Sewer
  • Parking Features: Garage,RV Access/Parking

Financial Details

  • Tax Amount: $13,715
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R287658
  • Tax Year: N/A

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3124 SE 20th Ave Portland, OR 97202

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Originating MLS: Regional Multiple Listing Service, Inc.

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