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  • Price cut: $20K (12/2)
    $1,259,900

    2305 SE 12th Ave, Portland, OR 97214

    8beds
    4,025sqft
    : 
    Multi Family
    Built in 2008
    -- sqft lot
    $-- Zestimate®
    $313/sqft
    $-- HOA

    What's special

    Welcome to 2303 SE 12th Ave, a rare investment opportunity in Portland’s highly walkable Hosford-Abernethy neighborhood. This attached duplex offers four total rentable spaces across two mirror sides, providing exceptional flexibility and ease of management. Each side includes a 1-bedroom, 1-bath lower-level living quarters (~609 sq ft) with a private entrance, plus an upper-level (~1,404 sq ft) with 3 bedrooms and 2.5 bathrooms—ideal for long-term tenants, short-term rentals where allowed, or multi-generational living. Both sides also feature attached 2-car garages with ample storage, a major perk for urban renters needing space for vehicles, bikes, and gear. With a WalkScore of 93 and BikeScore of 100, the location is a renter magnet. Tenants can stroll to AKADI PDX for West African cuisine, grab coffee at Good Coffee, or meet friends at Reel M Inn for casual drinks. Ladd Circle Park & Rose Gardens is nearby for morning walks, jogging, or weekend downtime. The four rentable spaces allow multiple strategies: live in one and rent the other three, occupy an entire side and lease the remaining two, or operate all four as income-producing units. Diversified income streams help reduce vacancy risk, while the vibrant neighborhood and strong walk/bike scores support demand and rent growth. There’s also value-add potential through updates, layout optimizations, or aligning rents with market trends. In summary, 2303 SE 12th Ave combines four spaces, 2-car garages, and a prime, transit-friendly location into a compelling turnkey investment. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192430]
    40 days
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    444
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    32
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    Zillow last checked: 8 hours ago

    Listing updated: 19 hours ago

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 391532743MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 6
    • Partial bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Gas Water Heater
    Features
    • Basement: Finished,Separate Living Quarters Apartment Aux Living Unit
    Interior area
    • Total structure area: 4,025
    • Total interior livable area: 4,025 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage
    • Garage spaces: 4
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Features: Corner Lot, Level, SqFt 3000 to 4999
    Details
    • Additional parcels included: R724270
    • Parcel number: R724269
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Existing
    • Year built: 2008

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Hosford-Abernathy
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $313/sqft
    • Annual tax amount: $18,728
    • Date on market: 11/3/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 7100
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/2/2025Price change$1,259,900-1.6%$313/sqft
    Source: RMLS (OR) #391532743 Report a problem
    11/11/2025Price change$1,279,900-1.5%$318/sqft
    Source: RMLS (OR) #391532743 Report a problem
    11/3/2025Listed for sale$1,299,900$323/sqft
    Source: RMLS (OR) #391532743 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $6,323/mo
    Principal & interest
    $4885
    Property taxes
    $997
    Home insurance
    $441

      Climate risks

      Neighborhood: Hosford-Abernethy

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Abernethy
      • Middle: Hosford
      • High: Cleveland

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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