$740,000
$110K PRICE DROP

3020 SW 12th Ave Unit 3024 Portland, OR 97239

Council Crest Neighborhood

Estimated payment $4,960/month

Total Views 5,681
3 Beds
3 Baths
2,786 Sq Ft
$266 Price per Sq Ft

Highlights

  • City View
  • Secluded Lot
  • Storage
  • Ainsworth Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

Well-maintained triplex in a prime location close to OHSU with expansive city views. The property consists of three units with solid rental demand and long-term tenancy history. The lower-level 2-bedroom unit has been fully remodeled, featuring new kitchen and bathroom cabinets, fixtures, appliances, and LVP flooring throughout. Currently left vacant—ideal for an owner-occupant or ready for mid or long-term rental use. The main-level unit offers large spaces and panoramic views from a wraparound deck. The third unit is an studio that adds consistent supplemental income. Strong location, updated condition, and flexible use make this a compelling investment or owner-user opportunity.

Listing Agent

Cory Carlson

Constant Commercial Real Estate Inc Brokerage Phone: 503-222-0282 License #201226331 Listed on: 04/24/2025

Co-Listing Agent

Rick Widman

Constant Commercial Real Estate Inc Brokerage Phone: 503-222-0282 License #200312067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,202

Year Built

  • Built in 1957

Lot Details

  • 10,018 Sq Ft Lot
  • Secluded Lot
  • Corner Lot
  • Sloped Lot

Property Views

  • City
  • Mountain

Home Design

  • Cement Siding
  • Stucco Exterior

Interior Spaces

  • 2,786 Sq Ft Home
  • 2-Story Property
  • Storage
  • Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Carport
  • Paved Parking

Schools

  • Ainsworth Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R247351

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Property managed by Mainlander Property Management

Building Details

  • Operating Expense $25,000
  • Gross Income $61,620
  • Net Operating Income $36,418

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,202

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1957
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 3
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,Stucco
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Secluded, Sloped
  • Road Surface Type: Paved
  • Roof: Other
  • View: City,Mountain

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Mainlander Property Management
  • Association: No

Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R247351

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 12202.46

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.01
  • Annual Gross Income: 61620.0
  • Property Net Operating Income: 36418.0
  • Annual Operating Expense: 25000.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,202 $456,500 -- --
2023 $12,202 $443,210 $0 $0
2022 $11,480 $430,310 $0 $0
2021 $11,285 $417,780 $0 $0
2020 $10,352 $405,620 $0 $0
2019 $9,972 $393,810 $0 $0
2018 $9,678 $382,340 $0 $0
2017 $9,276 $371,210 $0 $0
2016 $8,488 $360,400 $0 $0
2015 $7,568 $349,910 $0 $0
2014 $6,869 $339,720 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $740,000 -1.3% $266 / Sq Ft
07/08/2025 07/08/25 Price Changed $750,000 -6.1% $269 / Sq Ft
06/12/2025 06/12/25 Price Changed $799,000 -3.2% $287 / Sq Ft
05/16/2025 05/16/25 Price Changed $825,000 -2.9% $296 / Sq Ft
04/24/2025 04/24/25 For Sale $850,000 -6.5% $305 / Sq Ft
09/26/2018 09/26/18 Sold $909,000 0.0% $329 / Sq Ft
09/26/2018 09/26/18 Sold $909,000 -8.6% $329 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/14/2018 08/14/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $995,000 0.0% $360 / Sq Ft
03/24/2018 03/24/18 For Sale $995,000 -- $360 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- First American
Bargain Sale Deed -- None Available
Warranty Deed $909,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $115,000 Credit Line Revolving
Previous Owner $289,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $320,000 Fannie Mae Freddie Mac
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 291206753

Regional Multiple Listing Service (RMLS)

APN: R247351

Oregon Multnomah County Portland 97201 Council Crest

3020 SW 12th Ave Unit 3024, Portland, OR

This home is located at 3020 SW 12th Ave Unit 3024, Portland, OR 97239 and is currently priced at $740,000, approximately $265 per square foot. This property was built in 1957. 3020 SW 12th Ave Unit 3024 is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Cory Carlson
Listing Agent
Cory Carlson
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Constant Commercial Real Estate Inc
(503) 610-4452