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]
Active
Price cut: $20K (12/2)
$1,259,900
2305 SE 12th Ave, Portland, OR 97214
8beds
4,025sqft
Est.:
Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
- 40 days |
- 444 |
- 32 |
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#: 391532743
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Price change | $1,259,900-1.6%$313/sqft |
Source: | ||
| 11/11/2025 | Price change | $1,279,900-1.5%$318/sqft |
Source: | ||
| 11/3/2025 | Listed for sale | $1,299,900$323/sqft |
Source: | ||
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
- 10/10Abernethy Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Hosford Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 0.9 mi
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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