3324 SE 24th Ave Portland, OR 97202
Hosford-Abernethy NeighborhoodEstimated payment $6,629/month
Highlights
- No HOA
- Ductless Heating Or Cooling System
- Lap Siding
- Abernethy Elementary School Rated 10
- Level Lot
- 1-minute walk to Powell Park
About This Home
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.
Listing Agent
Kelly Right Real Estate of Portland, LLC License #201228311 Listed on: 06/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,971
Year Built
- Built in 1904
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- 1,640 Sq Ft Home
- Composition Roof
- Lap Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Schools
- Abernethy Elementary School
- Hosford Middle School
- Cleveland High School
Utilities
- Ductless Heating Or Cooling System
- Mini Split Air Conditioners
- Mini Split Heat Pump
Listing and Financial Details
- Assessor Parcel Number R122764
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $53,295
- Gross Income $162,174
- Net Operating Income $108,897
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,119 | $152,880 | -- | -- |
| 2024 | $3,971 | $148,430 | -- | -- |
| 2023 | $3,819 | $144,110 | $0 | $0 |
| 2022 | $3,736 | $139,910 | $0 | $0 |
| 2021 | $2,997 | $110,860 | $0 | $0 |
| 2020 | $2,750 | $107,640 | $0 | $0 |
| 2019 | $2,649 | $104,510 | $0 | $0 |
| 2018 | $2,571 | $101,470 | $0 | $0 |
| 2017 | $2,464 | $98,520 | $0 | $0 |
| 2016 | $2,255 | $95,660 | $0 | $0 |
| 2015 | $2,196 | $92,880 | $0 | $0 |
| 2014 | $2,163 | $90,180 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2025 06/18/25 | For Sale | $1,195,000 | +231.9% | $729 / Sq Ft | |
| 07/31/2018 07/31/18 | Sold | $360,000 | -7.7% | $198 / Sq Ft | View Prior Sale |
| 06/26/2018 06/26/18 | Pending | -- | -- | -- | |
| 06/05/2018 06/05/18 | For Sale | $389,900 | -- | $214 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | Wfg Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $353,479 | FHA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 774373482
APN: R122764
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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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