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4208 NE 20th Ave, 
Portland, OR 97211

$1,439,900


Bed


Bath


4,092

Sq Ft


Multi-Family

Active

Listed by

Darryl Bodle

Kelly Christian

Keller Williams Realty Portland Premiere

503-597-2444

Last updated:

January 9, 2026, 12:26 PM

MLS#

760473543

Source:

PORTLAND

About This Home

4208 NE 20th Ave

Investor opportunity in NE Portland featuring three thoughtfully designed residential units on one site, offering a strong blend of stabilized income and long-term upside. The property includes one remodeled home plus two attached, newly built residences, creating a diversified unit mix that appeals to a wide tenant base. The primary residence is a 1928 Tudor-style home that has been extensively updated throughout, offering approximately 1,528 square feet with three bedrooms and three full bathrooms, along with a full unfinished basement of approximately 964 square feet providing excellent storage or future utility potential. Updated systems, modern finishes, and a usable yard space enhance tenant appeal and durability for long-term ownership. Complementing the original home are two newly constructed residences, each offering approximately 800 square feet across two levels with two bedrooms and one and one-half bathrooms. These units feature efficient layouts, high ceilings, private outdoor spaces, and mini-split systems for energy-efficient heating and cooling. New construction systems help reduce near-term maintenance costs and support consistent rental performance. All three units benefit from dedicated trash and recycling areas and functional outdoor spaces, contributing to ease of management. The property is well positioned near neighborhood amenities, parks, dining, and transit options, supporting strong rental demand in this established NE Portland location. Units may be conveyed together under single ownership, offering flexibility for investors seeking a small-scale portfolio, house-hack scenario, or long-term hold. Buyer to verify rent projections, development history, and future use options. A rare opportunity to acquire a turn-key, three-unit residential asset combining historic character, new construction efficiency, and durable income potential.

Home Facts

Multi-Family

Built in 1928

Price Summary

1,439,900

$351 per Sq. Ft.

MLS #:

760473543

Last Updated:

January 9, 2026, 12:26 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

4,092 Sq. Ft.


Structure

Structure

Building Area:

4,092 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$1,439,900

Price per Sq. Ft:

$351 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Walla Walla are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: January 9, 2026
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4208 NE 20th Ave
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Sat, Jan 10
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.