3124 SE 20th Ave, Portland, OR 97202

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
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...

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Home facts

  • Year built:1911
  • Listing ID #:592486582
  • Added:48 day(s) ago
  • Updated:October 22, 2026 at 12:02 PM

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
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 Better Homes and Gardens Real Estate Equinox 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: October 22, 2026

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