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Listing provided courtesy of Kelly Right Real Estate of Portland, LLC- MLS# 774373482MLS Provider

3324 SE 24TH AVEPortland, OR 97202

Multi-Family · 1,640 Sq. ft. | 0.12 Acres
$1,195,000 Active

3324 SE 24TH AVE Overview

Time on Site:
376 days
Visits:
13

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.

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3324 SE 24TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,640
  • Price/Sq.ft. $729
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Abernethy
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Income/Expenses

  • Gross Income: 162174.0
  • Net Operating Income: 108897.0
  • Operating Expense: 53295.0

Building Information

  • Year Built: 1904

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Rent Includes: Gas,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 3971.3
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R122764
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 1640.0

General Information

  • Cooling: Mini Split
  • Heating: Ductless,Mini Split

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

3324 SE 24TH AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3324 SE 24TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3324 SE 24TH AVE Market Data

Based on the last 30 days in this zip code

$731,346
Average List Price
$363
Average Price per Square Foot
38
Properties Sold
70
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

3324 SE 24TH AVE History

Date Event Value Agent
6/18/2025Source: Regional MLS Added to Database
June 18, 2025