USAORPortlandHosford-Abernathy3124 Se 20Th Ave
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$1,550,000

For Sale

19 hours ago

3124 Se 20Th Ave, Portland, OR

House

MLS® 508968141

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Land
Size -
Garage 
Taxes $13,715
Days Active 1
Lot Size 0.3 Acres
Approx. Age 
MLS® Number 508968141

Property Address: 3124 Se 20th Ave, Portland, OR, 97202-2314

Average square foot calculated using Size range provided by listing agent.

Description

3124 SE 20th Ave presents an exceptional multifamily development site in the highly desirable Hosford-Abernethy neighborhood. This level 0.3-acre property offers developers a strategic opportunity to design a signature residential community, whether an elegant mid-rise apartment complex or a thoughtfully composed townhome enclave. Zoned RM2, the flat terrain allows for efficient vertical construction while accommodating up to 60-70 percent lot coverage and elevations up to four stories. The site's development metrics feature highly sought after floor area ratios, starting with a base of 1.5:1 and expanding up to a 3:1 ratio when incorporating Portland's affordable housing density bonuses. Positioned just off SE Powell Boulevard and adjacent to SE Division Street, future residents will enjoy immediate access to Portland's celebrated culinary scene, the Clinton Street theater district, Cleveland High School, and downtown transit routes. Existing onsite rental properties may provide interim income while finalizing architectural designs and city permitting. Buyers must independently verify all specific density allowances, structural parameters, and development regulations with the City of Portland.
MLS® Number508968141
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 4, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
3124 Se 20Th Ave, Portland, OR

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