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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$1,299,900
Est. payment /mo
4,025 SqFt
New
2305 SE 12th AVE Portland, OR 97035
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,025 sqft
Price per Sqft $322
Subdivision Hosford-Abernathy
MLS Listing ID 391532743
Year Built 2008
Tax Year 2025
Property Description
Welcome to 2303 SE 12th Ave, a rare investment opportunity in the highly walkable Hosford-Abernethy neighborhood. This attached duplex features two mirror units, each individually metered, offering maximum flexibility and ease of rental management. Each side includes a 1-bedroom, 1-bath lower-level suite (~609 sq ft) with a private entrance, plus an upper-level unit (~1,404 sq ft) with 3 bedrooms and 2.5 bathrooms, perfect for long-term tenants, short-term rentals where allowed, or multi-generational living. Both sides also include attached 2-car garages with ample storage, providing convenient parking and extra space for bikes, gear, or household items—an amenity highly valued by city renters. The property is ideally situated for walkable, transit-friendly living, boasting an impressive WalkScore of 93 and a BikeScore of 100. Tenants can easily access shops, restaurants, and cafés—walk a few blocks to AKÂDI PDX for West African cuisine, grab coffee at Good Coffee, or enjoy casual drinks at Reel M Inn. Outdoor enthusiasts will love nearby Ladd Circle Park & Rose Gardens for morning strolls, jogging, or weekend relaxation. The attached duplex configuration allows flexible ownership: live in one unit while renting the others, or operate both sides as full rental income properties. Diversified income streams reduce vacancy risk, while the vibrant neighborhood and high walk/bike scores make it highly attractive to tenants. There's also significant value-add potential through updates, layout improvements, or adjusting rental rates to match market trends. In summary, 2303 SE 12th Ave offers dual lower-level suites, spacious upper-level units, individual metering, 2-car garages with ample storage, multiple income streams, and a prime location with exceptional walkability and bike access—a true turnkey investment opportunity in one of Portland's most desirable neighborhoods.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Rooms
Basement Finished, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
