$1,259,900

2305 Se 12th Ave, Portland, OR 97035

  • 4,025 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $313/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 AKÂDI 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]

Listing Status:
Active
Date Added:
November 3, 2025 at 06:00AM
Listing Office:
Keller Williams Realty Portland Premiere : 503-597-2444
Listing Agent:
Darryl Bodle : 503-709-4632
MLS ID:
391532743
  • Basement: FinishedSeparate living quarters apartment aux living unit
  • Heating: Forced air
  • General: Cement siding
  • Parking: AttachedGarageParking spaces: 4
  • Roofing: Composition
  • General: Concrete perimeter
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: RM2SHERMAN HEIGHTS CONDOMINIUMSUNIT 3 & SHERMAN HEIGHTS CONDOMINIUMSUNIT 4R724269
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Abernethy Elementary School

2421 SE Orange Ave, Portland, OR, 97214

Grades KG-5

0.13 miles away

H

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

0.82 miles away

C

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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