Shawn Realty 503-515-4499
3124 SE 20TH AVE, Portland, OR 97202
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- Year Built
- 1911
- Garage
- 3 spaces
- County
- Multnomah
- Annual Tax
- $13,715 (2025)
- Days on Market
- 71 days
- Open House
- None scheduled
Monthly payment
$10,850 per month
- Principal & interest$9,384
- Property taxes$1,143
- HOA dues$0
- Home insurance$323
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($155,000) on $1,550,000; loan $1,395,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $1,143/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $323/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Rare opportunity to own an income-generating property with two detached homes on a spacious 13,000 sq ft RM2-zoned lot in desirable SE Portland. The 1,944 sq ft duplex offers two separate 2-bedroom, 1-bath units, plus a 964 sq ft unfinished basement. The second home provides approximately 1,682 sq ft with 3 bedrooms, 2.5 baths, and an additional 864 sq ft basement. Both homes feature fully fenced yards and share a detached three-car garage, with one space for the duplex and two for the second home. RM2 zoning provides future development flexibility, including potential for a larger, multi-story multi-dwelling project, subject to zoning requirements and buyer verification. An excellent opportunity for investors, owner-occupants, or multi-generational living, with multiple avenues for rental income and long-term growth. Conveniently located just six blocks from New Seasons Market and Clinton Community Garden, with nearby restaurants, coffee shops, parks, and neighborhood amenities. A rare SE Portland property offering immediate income potential, flexibility, and future development possibilities.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Lot Size (acres) | 0.3 |
| Lot Size (sq ft) | 13068 |
| Year Built | 1911 |
| Garage Spaces | 3 |
| County | Multnomah |
| Elementary School | Abernethy |
| Middle School | Hosford |
| High School | Cleveland |
| Heating | Forced Air |
| Basement | Full Basement, Partially Finished |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Parking | Garage, RV Access Parking |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $13,715 |
| Tax Year | 2025 |
| Original List Price | $1,550,000 |
| RMLS # | 592486582 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Thomas Cale • Cascade Hasson Sotheby's International Realty
Listing updated: Sep 3, 2026 at 8:07pm
Source: RMLS #592486582
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