Shawn Realty 503-515-4499
3124 SE 20TH AVE, Portland, OR 97202
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- County
- Multnomah
- Annual Tax
- $13,715 (2025)
- HOA
- None
- Days on Market
- 71 days
- Open House
- None scheduled
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.
Facts & Features
| Property Type | Land |
|---|---|
| Sub-Type | Multi Family |
| Lot Size (acres) | 0.3 |
| Lot Size (sq ft) | 13068 |
| County | Multnomah |
| Elementary School | Abernethy |
| Middle School | Hosford |
| High School | Cleveland |
| View | No |
| Waterfront | No |
| Annual Taxes | $13,715 |
| Tax Year | 2025 |
| Original List Price | $1,550,000 |
| RMLS # | 508968141 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Thomas Cale • Cascade Hasson Sotheby's International Realty
Listing updated: Sep 4, 2026 at 1:45pm
Source: RMLS #508968141
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty