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Updated Multifamily Property
For Sale
$1,195,000

3324 SE 24th Ave, Portland, OR 97202

Four-bedroom residence with three detached tiny homes, private access, and year-round short-term rental approval.

Property Size1,640 SF
Lot Size0.11 Acres
Price / SF$728.66
Days on Market40

Property Features for 3324 SE 24th Ave

General Information

Standard status Active
Size 1,640 SF
Lot size 0.11 Acres
Property subtype Multi-Family
Zoning CM2

Additional Details

Utilities to Site Yes
Sprinkler System Yes
Multifamily Units 4

Amenities

courtyard
gazebo
communal gathering space

Building Details

Year Built 1904
Buildings 4
Listing Agency: Kelly Right Real Estate of Portland, LLC
Listed By: Jacob Serrill · License #201228311
Source: Rosecityrealtygroup
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 29 at 12:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly Right Real Estate of Portland, LLC

Investment Insights

Based on property information with market context.

This 1,640-square-foot multifamily property includes a 4BD/2BA main home on a 5,000-square-foot lot, plus three detached tiny homes. Each tiny home has full utility hookups and separate private access. The property was built in 1904 and has undergone substantial improvements, including renovated kitchen and bathroom areas, updated electrical and plumbing systems, new mini-splits, a fire suppression system, and fresh exterior paint.

Located at 3324 SE 24th Ave in Portland, the property is zoned CM2 and permitted for year-round short-term rental use. Outdoor features include professional landscaping, a courtyard, gazebo, and shared gathering area. The configuration supports occupancy of the main residence alongside separate rental spaces or leasing across the property.

Key Highlights

  • Three detached tiny homes with full utility hookups and private access
  • 4BD/2BA main residence on a 5,000‑square‑foot lot
  • 1,640‑square‑foot property built in 1904

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Carpet & Flooring Store Home Appliance Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four-bedroom residence with three detached tiny homes, private access, and year-round short-term rental approval.
Where is this multifamily 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: Three detached tiny homes with full utility hookups and private access; 4BD/2BA main residence on a 5,000‑square‑foot lot; 1,640‑square‑foot property built in 1904
More about this property
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