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    3324 SE 24Th Ave Portland, OR 97202

    For Sale
    $1,195,000

    MULTI_FAMILY - Portland, OR

    Property size:
    1,640 SF
    Lot size:
    0.12 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 3324 SE 24Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CM2
    Rooms
    Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    R122764
    Size
    1,640 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Ductless (Heating)

    Building Details

    Year built
    1904
    Number of units
    4
    Roof type
    Composition

    Kelly Right Real Estate of Portland (509) 489-7000 [email protected]

    Listing agent Jacob Serrill (503) 719-6056

    Listing date Oct 28, 2025

    MLS# 774373482 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multifamily Property in Portland

    This updated property in Southeast Portland features a 4-bedroom, 2-bathroom home situated on a 5,000-square-foot lot. The property includes three detached tiny homes, each equipped with full utility hookups and private access. The main house features a renovated kitchen and bathrooms, along with new electrical and plumbing systems. Mini-split systems and a fire suppression system have been installed, and the exterior has been freshly painted. The backyard includes professional landscaping with a courtyard, gazebo, and communal gathering space. Zoned CM2 and permitted for year-round short term rental use, this property offers commercial-level income potential. Located in the Hosford-Abernethy neighborhood, the property is minutes from downtown. The property is suitable for use as a high-yield, turn-key rental. The property size is 1,640 square feet and the lot size is 0.12 acres.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.64134
    Latitude
    45.498746

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    FAQs

    What type of property is this?
    Single family property - Updated property with multiple income streams in vibrant Hosford-Abernethy.
    Where is this single family property located?
    The property is located at 3324 SE 24Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Multiple income streams from three detached, permitted tiny homes with full utility hookups and private access.; - **Fully updated 4BD/2BA main house with renovated kitchen and bathrooms**, new electrical and plumbing, mini-splits, and fire suppression system.; - CM2 zoning and permitted for year-round short-term rental use, offering flexible investment options.
    (503) 719-6056
    Request Owner's contact information
    3324 SE 24Th Ave Portland, OR 97202
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    Portland, OR 97202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3324 SE 24Th Ave Portland, OR 97202
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