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Listed price in listed location currency (USD).
$1,439,900

000

MLS® 760473543

Open House
Sat Jan 10, 9:00-11:00 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1928
MLS® Number 760473543

Property Address: 4208 Ne 20th Ave, Portland, OR, 97211-5741

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

Description

Investor opportunity in NE Portland featuring three thoughtfully designed residential units on one site, offering a strong blend of stabilized income and long-term upside. The property includes one remodeled home plus two attached, newly built residences, creating a diversified unit mix that appeals to a wide tenant base. The primary residence is a 1928 Tudor-style home that has been extensively updated throughout, offering approximately 1, 528 square feet with three bedrooms and three full bathrooms, along with a full unfinished basement of approximately 964 square feet providing excellent storage or future utility potential. Updated systems, modern finishes, and a usable yard space enhance tenant appeal and durability for long-term ownership. Complementing the original home are two newly constructed residences, each offering approximately 800 square feet across two levels with two bedrooms and one and one-half bathrooms. These units feature efficient layouts, high ceilings, private outdoor spaces, and mini-split systems for energy-efficient heating and cooling. New construction systems help reduce near-term maintenance costs and support consistent rental performance. All three units benefit from dedicated trash and recycling areas and functional outdoor spaces, contributing to ease of management. The property is well positioned near neighborhood amenities, parks, dining, and transit options, supporting strong rental demand in this established NE Portland location. Units may be conveyed together under single ownership, offering flexibility for investors seeking a small-scale portfolio, house-hack scenario, or long-term hold. Buyer to verify rent projections, development history, and future use options. A rare opportunity to acquire a turn-key, three-unit residential asset combining historic character, new construction efficiency, and durable income potential.
MLS® Number760473543
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1928
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$1,439,900List Price
  • Commute

Commute

Starting Address
Destination Address
4208 Ne 20 Th Ave, Portland, OR

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