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Updated Short-Term Rental Property
For Sale
$1,195,000

3324 SE 24TH Ave, Portland, OR 97202

MultiFamily, Portland, OR

Property Size1,640 SF
Lot Size0.12 Acres
Price / SF$728.66
Days on Market458

Property Features for 3324 SE 24TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CM2
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Elementary school Abernethy
Middle school Hosford
High school Cleveland
Directions 24th & Powell
Subdivision _143
Standard status Active
APN R122764
Size 1,640 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description BRUSHS ADD, BLOCK 3, LOT 2
Tax Annual Amount 3971
Legal Description BRUSHS ADD, BLOCK 3, LOT 2

Utilities

Heating system Ductless (Heating)

Amenities

courtyard
gazebo
communal gathering space

Building Details

Year built 1904
Number of units 4
Roof type Composition
Listing Agency: Kelly Right Real Estate of Portland, LLC
Listed By: Jacob Serrill · License #201228311
Added: Jun 18, 2025 Changed: Sep 14 Last Checked: Sep 18 at 5:06AM
MLS# 774373482

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This short-term rental property combines an updated 1,640-square-foot residence with three detached tiny homes. The main house is situated on a 5,000-square-foot lot and has a renovated kitchen and bathrooms, upgraded electrical and plumbing, ductless mini-split systems, a fire suppression system, and new exterior paint. Each detached unit includes full utility hookups and private access.

The property is zoned CM2 and permitted for year-round short-term rental use. Outdoor improvements include professional landscaping, a courtyard, gazebo, and shared gathering area. The property is located in Portland’s Hosford-Abernethy neighborhood, with downtown Portland described as minutes away.

Key Highlights

  • Three detached tiny homes with full utility hookups and private access
  • 1,640‑square‑foot main residence on a 5,000‑square‑foot lot
  • CM2 zoning with year‑round short‑term rental permission

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Auto Parts Store Nail Salon Travel Agency (Bike/Boat/Book/etc) Store Electrical Service

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

1,639
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Short term rental property - Flexible income property with a renovated main residence and three detached units offering private access and utility hookups.
Where is this short term rental 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; 1,640‑square‑foot main residence on a 5,000‑square‑foot lot; CM2 zoning with year‑round short‑term rental permission
More about this property
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