4208 NE 20TH AVE

Portland, 97211

  • 5 Bed

  • 5 Bath

  • 4092 SqFt

  • 3 DOM

  • Built: 1928

  • Status: Off Market

$1,439,900

X

4208 NE 20TH AVE

Portland 97211

$1439900

  • 5 Bed

  • 5 Bath

  • 4092 SqFt

  • 3 DOM

  • Built: 1928

  • Status: Off Market

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

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.

Features and Utilities

  • CentralAir, MiniSplit

  • Gas, Tankless

  • ForcedAir, MiniSplit

  • PublicSewer

  • Gas, Tankless

  • Electricity, Gas

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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