Well-maintained triplex in a prime location close to OHSU with expansive city views. The property consists of three units with solid rental demand and long-term tenancy history. The lower-level 2-bedroom unit has been fully remodeled, featuring new kitchen and bathroom cabinets, fixtures, appliances, and LVP flooring throughout. Currently left vacant—ideal for an owner-occupant or ready for mid or long-term rental use. The main-level unit offers large spaces and panoramic views from a wraparound deck. The third unit is an studio that adds consistent supplemental income. Strong location, updated condition, and flexible use make this a compelling investment or owner-user opportunity.
Sold
$705,000
3020 SW 12th Ave, Portland, OR 97239
3beds
2,786sqft
Multi Family
Built in 1957
-- sqft lot
$698,200 Zestimate®
$253/sqft
$2,762 Estimated rent
Home value
$698,200
$656,000 - $747,000
$2,762/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 10, 2025 at 07:38am
Listed by:
Cory Carlson 503-222-0282,
Constant Commercial Real Estate Inc,
Rick Widman 503-984-5848,
Constant Commercial Real Estate Inc
Bought with:
Paula Skenzich, 201257585
Works Real Estate
Source: RMLS (OR),MLS#: 291206753
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Fireplace(s)
Appliances
- Included: Microwave, Range, Refrigerator, Washer/Dryer, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Daylight,Finished
Interior area
- Total structure area: 2,786
- Total interior livable area: 2,786 sqft
Property
Parking
- Parking features: Carport, Paved
- Has carport: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 10,018 sqft
- Features: Corner Lot, Secluded, Sloped, SqFt 10000 to 14999
Details
- Parcel number: R247351
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Stucco
- Roof: Other
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 5075
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $705,000-4.7%$253/sqft |
Source:  RMLS (OR) #291206753 | ||
| 9/19/2025 | Pending sale | $740,000$266/sqft |
Source: RMLS (OR) #291206753 | ||
| 9/8/2025 | Price change | $740,000-1.3%$266/sqft |
Source: RMLS (OR) #291206753 | ||
| 7/8/2025 | Price change | $750,000-6.1%$269/sqft |
Source: RMLS (OR) #291206753 | ||
| 6/12/2025 | Price change | $799,000-3.2%$287/sqft |
Source: RMLS (OR) #291206753 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Homestead
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$698,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$698,200