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


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 | $739,434 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 3,626 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1927 |
| Building Class | B | ||
| Zoning | RM2 | ||
| Price Per Unit | $739,434 CAD |
| 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 | $2,565 CAD | 972 |
| 2+3 | 1 | $4,194 CAD | 1,682 |
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