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2305 SE 12th Ave
Portland, OR 97214
SE 12th AVE Duplex · Multifamily Property For Sale · 3 Units

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INVESTMENT HIGHLIGHTS

  • Attached 2-car garages
  • Strong rental appeal
  • Highly walkable amenities

EXECUTIVE SUMMARY

Welcome to 2303 SE 12th Ave, a rare investment opportunity in the highly walkable Hosford-Abernethy neighborhood. This attached duplex features two mirror units, each individually metered, offering maximum flexibility and ease of rental management. Each side includes a 1-bedroom, 1-bath lower-level suite (~609 sq ft) with a private entrance, plus an upper-level unit (~1,404 sq ft) with 3 bedrooms and 2.5 bathrooms, perfect for long-term tenants, short-term rentals where allowed, or multi-generational living. Both sides also include attached 2-car garages with ample storage, providing convenient parking and extra space for bikes, gear, or household items—an amenity highly valued by city renters. The property is ideally situated for walkable, transit-friendly living, boasting an impressive WalkScore of 93 and a BikeScore of 100. Tenants can easily access shops, restaurants, and cafés—walk a few blocks to AKÂDI PDX for West African cuisine, grab coffee at Good Coffee, or enjoy casual drinks at Reel M Inn. Outdoor enthusiasts will love nearby Ladd Circle Park & Rose Gardens for morning strolls, jogging, or weekend relaxation. The attached duplex configuration allows flexible ownership: live in one unit while renting the others, or operate both sides as full rental income properties. Diversified income streams reduce vacancy risk, while the vibrant neighborhood and high walk/bike scores make it highly attractive to tenants. There’s also significant value-add potential through updates, layout improvements, or adjusting rental rates to match market trends. In summary, 2303 SE 12th Ave offers dual lower-level suites, spacious upper-level units, individual metering, 2-car garages with ample storage, multiple income streams, and a prime location with exceptional walkability and bike access—a true turnkey investment opportunity in one of Portland’s most desirable neighborhoods.

PROPERTY FACTS

Price Per Unit $595,546 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Lot Size 0.09 AC
Building Size 4,025 SF
No. Stories 3
Year Built 2008
Parking Ratio 0.99/1,000 SF
Zoning RM2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 1 $3,141 CAD 1,404
4+3.5 1 $4,956 CAD 2,012
1+1 1 $1,815 CAD 609
  • Listing ID: 38507768

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 2305 SE 12th Ave, Portland, OR 97214

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