3324 SE 24TH AVE Portland, OR $ 1,195,000
3324 SE 24TH AVE
$ 1,195,000
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3324 SE 24TH AVE

Portland, OR, 97202
$ 1,195,000
Bedrooms5 Baths3.0 Sq 1,640

Monthly Estimate*

$ 7,455

3324 SE 24TH AVE, Portland, OR 97202 - Image 1
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Multi-Family Home for sale in Portland, OR

for $1,195,000 with 5 bedrooms and 3 full baths. This 1,640 square foot home was built in 1904 on a lot size of 0.12.

Beautifully updated SE Portland property with multiple income streams! This fully updated 4BD/2BA home sits on a 5,000 SF lot and includes three detached tiny homes, each with full utility hookups and private access. Live in the main house and rent out the tiny homes, or lease the entire property as a high-yield, turn-key rental. Extensive upgrades throughout include a fully renovated kitchen and bathrooms, all-new electrical and plumbing, new mini-splits, fire suppression system, and fresh exterior paint. The backyard is professionally landscaped with a beautiful courtyard, gazebo, and communal gathering space. Zoned CM2 and permitted for year-round short term rental use, this property blends residential comfort with commercial-level income potential in the heart of the vibrant Hosford-Abernethy neighborhood, just minutes from downtown. A unique and flexible asset in one of Portland’s most desirable rental markets.

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Multi-Family Active

Price

$ 1,195,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,971

Style

Lot Size

0.12

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

774373482

Features
General
Sewer PublicSewer
Heating Ductless MiniSplit
Cooling MiniSplit
Roof Composition
Zoning CM2
Year Built 1904
Tax Year 2024
Parcel Number R122764
Gross Income 162174.0
County Multnomah
Net Operating Income 108897.0
Operating Expense 53295.0
Property Type MultiFamily
HOA N
Rent Includes Gas Sewer TrashCollection Water
Status Active
Directions 24th & Powell
High School Cleveland
City Portland
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Abernethy
Tax Annual Amount 3971.3
Middle/Junior High School Hosford
Virtual Tour https://booking.stayportlandcollection.com/property/restored-farmhouse-backyard-tiny-house-village
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BRUSHS ADD BLOCK 3 LOT 2
ADU False
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description LapSiding
Building Area Total 1640.0
Lot Size Acres 0.12
Road Surface Type Paved
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Interior
Unit 1 Baths Total 2
Unit 1 Beds Total 4
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 3324
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* Excluded Features
List By
Kelly Right Real Estate Of Portland, Llc

Broker

jacobserrill@gmail.com

Email

Affordability Calculator

$7,786
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,455
Monthly Property Taxes
$331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949937 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2025$1,195,000 Listed Price

Map


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3324 SE 24TH AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $1,195,000 with 1,640 sqft and a lot size of 0.12. 3324 SE 24TH AVE has 5 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 97202 which is in Portland, OR