4208 NE 20th Ave, Portland, OR 97211
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
4208 NE 20th Ave,Portland, OR 97211
$1,439,900
- - Beds
- - Baths
- 4,092 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:760473543
Source:PORTLAND
Price summary
- Price:$1,439,900
- Price per sq. ft.:$351.88
About this home
Investor opportunity in NE Portland featuring three thoughtfully designed residential units on one site, offering a strong blend of stabilized income and long-term upside. The property includes one remodeled home plus two attached, newly built residences, creating a diversified unit mix that appeals to a wide tenant base. The primary residence is a 1928 Tudor-style home that has been extensively updated throughout, offering approximately 1,528 square feet with three bedrooms and three full bathrooms, along with a full unfinished basement of approximately 964 square feet providing excellent storage or future utility potential. Updated systems, modern finishes, and a usable yard space enhance tenant appeal and durability for long-term ownership. Complementing the original home are two newly constructed residences, each offering approximately 800 square feet across two levels with two bedrooms and one and one-half bathrooms. These units feature efficient layouts, high ceilings, private outdoor spaces, and mini-split systems for energy-efficient heating and cooling. New construction systems help reduce near-term maintenance costs and support consistent rental performance. All three units benefit from dedicated trash and recycling areas and functional outdoor spaces, contributing to ease of management. The property is well positioned near neighborhood amenities, parks, dining, and transit options, supporting strong rental demand in this established NE Portland location. Units may be conveyed together under single ownership, offering flexibility for investors seeking a small-scale portfolio, house-hack scenario, or long-term hold. Buyer to verify rent projections, development history, and future use options. A rare opportunity to acquire a turn-key, three-unit residential asset combining historic character, new construction efficiency, and durable income potential.
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Home facts
- Year built:1928
- Listing ID #:760473543
- Added:5 day(s) ago
- Updated:January 11, 2026 at 01:26 PM
Rooms and interior
- Living area:4,092 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Mini Split
Structure and exterior
- Roof:Composition
- Year built:1928
- Building area:4,092 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Jefferson
- Middle school:Harriet Tubman
- Elementary school:Sabin
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,439,900
- Price per sq. ft.:$351.88
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