$1,550,000
3124 SE 20th Ave, Portland, OR 97202
Est. Mortgage $9,366/mo*
Get Pre-QualifiedHome Highlights
Lot/Land
0.3 acre lot
Local Information
-- mins to
About this House
3124 SE 20th Ave presents an exceptional multifamily development site in the highly desirable Hosford-Abernethy neighborhood. This level 0.3-acre property offers developers a strategic opportunity to design a signature residential community, whether an elegant mid-rise apartment complex or a thoughtfully composed townhome enclave. Zoned RM2, the flat terrain allows for efficient vertical construction while accommodating up to 60-70 percent lot coverage and elevations up to four stories. The site's development metrics feature highly sought after floor area ratios, starting with a base of 1.5:1 and expanding up to a 3:1 ratio when incorporating Portland's affordable housing density bonuses. Positioned just off SE Powell Boulevard and adjacent to SE Division Street, future residents will enjoy immediate access to Portland's celebrated culinary scene, the Clinton Street theater district, Cleveland High School, and downtown transit routes. Existing onsite rental properties may provide interim income while finalizing architectural designs and city permitting. Buyers must independently verify all specific density allowances, structural parameters, and development regulations with the City of Portland.
Last check for updates: about 19 hours ago
Listing courtesy of Thomas Cale, (971) 645-3035
Cascade Hasson Sotheby's International Realty
Justin Krug, (503) 754-0793
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR), MLS#508968141

Also Listed on RMLS (OR).
Home Details for 3124 SE 20th Ave
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
Heating & Cooling No CoolingNo Heating |
View No View |
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Exterior Home Features Other Structures: Existing Structures, Residence |
Parking & Garage No Attached Garage |
Frontage Road Surface Type: PavedNot on Waterfront |
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Days on Market: 8 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land, Multi Family |
Building Not Attached Property |
Property Information Parcel Number: R287658 |
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Price List Price: $1,550,000 |
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Direction & Address City: Portland |
School Information Elementary School: AbernethyJr High / Middle School: HosfordHigh School: Cleveland |
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Listing Agent Listing ID: 508968141 |
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No HOA |
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Lot Area: 0.30 acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 508968141 |
Around this home
What Locals Say about Hosford-Abernethy
At least 46 Trulia users voted on each feature.
99 % Say there are sidewalks
94 % Say it's walkable to grocery stores
94 % Say it's walkable to restaurants
93 % Say people would walk alone at night
92 % Say it's dog friendly
83 % Say parking is easy
67 % Say yards are well-kept
66 % Say kids play outside
65 % Say they plan to stay for at least 5 years
63 % Say neighbors are friendly
60 % Say there's holiday spirit
56 % Say streets are well-lit
50 % Say it's quiet
47 % Say there's wildlife
42 % Say there are community events
23 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in Portland
Last updated July 2026
Avg. sale price
$568K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$320
$2MoM
Available listings
2919
61MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Lot/Land | $302,500 | 11/07/25 | - | - | ||
1.04 | Lot/Land | $525,000 | 08/31/26 | - | - | ||
1.27 | Lot/Land | $230,000 | 12/15/25 | - | - | ||
1.50 | Lot/Land | $360,000 | 02/02/26 | - | - | ||
1.80 | Lot/Land | $460,000 | 04/09/26 | - | - | ||
1.66 | Lot/Land | $200,000 | 09/26/25 | - | - | ||
1.66 | Lot/Land | $200,000 | 09/26/25 | - | - | ||
1.72 | Lot/Land | $515,000 | 07/13/26 | - | - | ||
1.82 | Lot/Land | $285,000 | 12/23/25 | - | - | ||
1.82 | Lot/Land | $257,500 | 12/23/25 | 1 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $648,600 | 4 | 2 | 2,736 | Off Market | |
0.05 | $475,000 | 2 | 1 | 1,056 | Recently Sold | |
0.03 | $645,900 | 3 | 1 | 2,538 | Off Market | |
0.03 | $545,400 | 3 | 2 | 2,436 | Off Market | |
0.10 | $531,600 | 3 | 1 | 2,376 | Off Market | |
0.08 | $687,250 | 4 | 2 | 2,948 | Recently Sold | |
0.10 | - | - | - | - | Off Market | |
0.08 | $353,200 | 3 | 1 | 1,931 | Off Market | |
0.10 | $434,800 | 2 | 2 | 1,008 | Off Market | |
0.10 | $459,600 | 2 | 2 | 1,008 | Off Market | |
0.10 | $414,900 | 2 | 2 | 1,008 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 4, 2026 Source: RMLS (OR) #508968141 | Listed For Sale | $1,550,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Thomas Cale, Cascade Hasson Sotheby's International Realty
Agent Phone: (971) 645-3035

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-09-10 15:44:04 PDT. 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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Frequently asked questions about 3124 SE 20th Ave
- How big is 3124 SE 20th Ave?3124 SE 20th Ave in Portland, OR is about 0.30 acres (13,068 sq ft).
- What is the price per acre for 3124 SE 20th Ave?3124 SE 20th Ave in Portland, OR is listed at $1,550,000, or about $5.2M per acre.
- What do residents say about the Hosford-Abernethy neighborhood?Residents describe the Hosford-Abernethy neighborhood in Portland, OR as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Hosford-Abernethy, Portland.
- What are the closest schools to 3124 SE 20th Ave?The closest schools to 3124 SE 20th Ave in Portland, OR are Abernethy Elementary School (rated 10/10), Cleveland High School (rated 7/10), Hosford Middle School (rated 8/10).
3124 SE 20th Ave, Portland, OR 97202 is a lot/land. 3124 SE 20th Ave is located in Hosford-Abernethy, Portland. This property is currently available for sale and was listed by RMLS (OR) on Sep 4, 2026. The MLS # for this home is MLS# 508968141.

