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3020-3024 SW 12th Ave
Portland, OR 97239
Multifamily Property For Sale
·
3 Units
PROPERTY FACTS
| No. Units | 3 | Building Size | 2,786 SF |
| Property Type | Multifamily | Average Occupancy | 66% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | B | Parking Ratio | 1.44/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | RM2 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 2,786 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | RM2 |
ABOUT 3020-3024 SW 12TH AVE , PORTLAND, OR 97239
Location! Location! Location! View! View! View! 10,000 SF Lot zoned R1 provides potential development opportunity. Located just minutes from OHSU, the property sits at the end of a quiet street on a secluded lot overlooking the city. The OHSU tram is a short 4-minute trip to Portland' s popular South Waterfront area. Nearby Marquam Nature Park provides ample hiking trails and woodland solitude, despite its proximity to downtown. The property is currently set up as a triplex, but could easily be converted back to a single-family home. The main floor unit is a large 1 bedroom, 1 bath, plus den with a fireplace and private balcony. The den was originally a bedroom and could easily be converted back to a bedroom if desires. Also on the main floor is a 325 Square Foot Studio unit. The lower level houses a 2 Bedroom, 1 bath unit with a fireplace and private patio. The property has been very well maintained and is ideal for an investment or an owner occupant. Marquam Hill is a populated hill located just south of Downtown Portland. It is also called Pill Hill because it is home to Oregon Health & Science University, Portland VA Medical Center and Portland Shriners Hospital. There are several parks and nature areas in the neighborhood, making it easy to get away from it all while still being in the city. If you enjoy a more rural feeling neighborhood, while still being located close to the city, Marquam Hill is a good fit. The average rental price in Marquam Hill is currently $1,687, higher than 82.5% of the neighborhoods in Oregon. More people in Marquam Hill choose to walk to work each day (20.5%) than almost any neighborhood in America. if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.8% of residents in the Marquam Hill commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.0% of all neighborhoods in the U.S. You can now ride the Portland aerial tram down the hillside to the new OHSU location on the Southwest Waterfront.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,200 | 900 |
| 1+1 | 1 | $2,200 | 1,192 |
| Studios | 1 | $1,200 | 325 |
