Share This Listing

Message

915 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

3134 SE 20th Ave
Portland, OR 97202
3-Unit Investment Opportunity in Close-in SE · Multifamily Property For Sale · 3 Units

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Three Units with Established Rental Income History
  • Each Unit Has Basement Space For Additional Storage or Further Development Potential
  • Option To Store RV/Boat Long Term
  • One Duplex, One Detached Home
  • Ample Parking Via Parking Pad, Shared Driveway & Detached 2 Car Garage

EXECUTIVE SUMMARY

Hello from Hosford-Abernethy! I’m a rare and highly versatile property made up of two detached homes on a generous .30-acre lot, offering exceptional flexibility, privacy, and long-term potential in one of SE Portland’s most sought-after neighborhoods. One of my homes is a 1,944 sqft duplex, thoughtfully configured with two separate units, each offering two bedrooms and one full bathroom. Both units share a 964 sqft full unfinished basement, providing substantial storage, mechanical space, and flexible utility use with future improvement potential, subject to buyer verification. The second detached home offers approximately 1,682 sqft of above-grade living space, plus an additional 864 sqft basement, creating excellent flexibility for storage, hobbies, workshop use, or future finishing depending on your vision. The separation between the two homes supports privacy while still functioning cohesively as a single property. A shared driveway leads to a garage serving both residences, balancing everyday convenience with efficient site use. Each home enjoys its own fully fenced yard, creating defined outdoor spaces well suited for relaxing, entertaining, or daily use. My configuration makes me especially appealing to multi-generational households, owner-occupants seeking rental income, or investors looking for a flexible asset with strong long-term hold potential. The ability to live in one home while renting the other, or to operate both as income-producing residences, offers adaptability that is increasingly hard to find in close-in SE Portland. My location completes the picture, with nearby coffee shops, dining options, neighborhood gathering spots, and green spaces including Ladd Circle Park just moments away. Whether your goal is flexibility, income potential, or long-term value in a walkable SE Portland setting, I offer an opportunity that truly stands apart.

PROPERTY FACTS

Price Per Unit $533,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.12 AC
Building Size 3,626 SF
Average Occupancy 100%
No. Stories 2
Year Built 1927
Zoning RM2

AMENITIES

UNIT AMENITIES

  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Range
  • Carpet
  • Yard
  • Attic
  • Basement
  • Porch

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $1,850 972
2+3 1 $3,025 1,682
  • Listing ID: 38986530

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 3134 SE 20th Ave, Portland, OR 97202

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}