www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29146768
29146767

3126 SE 20th Ave, Portland, OR 97202

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$1,599,999
154 days on market
Updated 41 days ago

3-Unit Investment Opp in Close-in SE Hosford-Abernathy

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,556
Net Rentable (SqFt) 3,626
Units 3
Cap Rate 3.86%
NOI $61,702
Occupancy 100%
Price per SqFt $288
Class B
Year Built 1927
Buildings 2
Stories 2
Acreage 0.300
Zoning RM2
Parking Spaces 11 spaces
Parking Per SqFt 1.98

3-Unit Investment Opportunity

Marketing description

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 home is a 1,944 sqft duplex (3124/3126), thoughtfully configured with two separate, mirrored units, each offering two bedrooms and one full bathroom. Both units share a full, unfinished basement that provides substantial storage, mechanical space, and flexible utility use, with future improvement potential, subject to buyer verification. The second detached home at 3134 offers approximately 2,872 sq ft of above-grade living space with three bedrooms and two and a half bathrooms, plus a full basement, providing excellent flexibility for storage, hobbies, or workshop use, or for future finishing, depending on your vision. A shared driveway leads to a detached garage with space for three cars total. The duplex has use of one garage space, and the home at 3134 benefits from two garage spaces. Each home features a fully fenced yard, creating defined outdoor spaces well-suited for relaxing, entertaining, or daily use. My configuration is especially appealing to multi-generational households, owner-occupants seeking rental income, and investors seeking a flexible asset with strong long-term holding potential, including the ability to live in one home while renting the other, or to operate both as income-producing residences. My location completes the picture, situated just six blocks from New Seasons Market and the Clinton Community Garden, with nearby coffee shops, dining options, neighborhood gathering spots, and green spaces, including Ladd Circle Park nearby. 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.

Investment highlights

Three Units with Established Rental Income History

One Duplex, One Detached Home

Each Unit Has Basement Space For Additional Storage or Further Development Potential

Ample Parking Via Parking Pad, Shared Driveway & Detached 2 Car Garage

Option To Store RV/Boat Long Term

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$61,702.00
$5,141.83/mo

Valuation Metrics

0
DSCR
3.86%
Cap Rate
3.86%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591