3324 SE 24th Ave, Portland, OR 97202

$1,195,000
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Property Description

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.

3324 SE 24th Ave | MLS# 774373482

This multi-family property located at 3324 SE 24th Ave, Portland, OR 97202 is currently listed for sale with an asking price of $1,195,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Ductless, Mini Split
Roof Type: Composition
Taxes: $3,971
Year Built: 1904
Square Feet: 1,640

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 4
Features: AirConditioning, Dishwasher, Furnished
Rent: $4000.00
Square Footage: 1160
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1195.00
Square Footage: 160
Total Units: 3

Feature Descriptions

Days on Site: 304
Exterior: Lap Siding
Gross Income: $162174.00 (Actual)
Lot: Level
Net Income: $108897.00 (Actual)
Operating Expenses: $53295.00 (Actual)
Sewer: Public Sewer
Units: 4
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Abernethy

Listed By / Shown By

Listed By

Agency Name: Kelly Right Real Estate of Portland, LLC
Agency Phone: 503-719-6056

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 6,722.03 per month $6,042.57 Principal & Interest $330.92 Property Tax $348.54 Homeowner's Insurance

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