Homes for sale - 2305 SE 12th AVE, Portland, OR 97035

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LuzMaria Simmons

realtor@luzmariasimmons.com +1(503) 422-1919

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 1,279,900

Est. payment | -/mo

4,025 SqFt

Save

$ 1,279,900

Est. payment | -/mo

Save

4,025 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,025 sqft

Price per Sqft $317

Subdivision Hosford-Abernathy

MLS Listing ID 391532743

Year Built 2008

Annual Tax Amount $18,839

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

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 422-1919

realtor@luzmariasimmons.com

2175 NW Raleigh Str #110, Portland, Oregon, 97210, USA

2305 SE 12th AVE Portland, OR 97035