OFF MARKET

Off Market Oct 2024 for $895K

$925,916

Est. refi paymentEst. refi $5,673/mo

•

3 ba

•

—

sq ft

3203 SW 2nd Ave, Portland, OR 97239

About this home

Charming Duplex in the Heart of Portland’s Vibrant Southwest!A delightful duplex that combines classic Portland charm with modern comfort. Nestled in a sought-after neighborhood, it offers the perfect blend of convenience and style. Spacious Units, Open floor plans, and large windows ensure a bright and inviting atmosphere. Whether looking for a place to call home with rental income potential or a solid investment property, this duplex offers flexibility and value. Both units come equipped with in-unit laundry for added convenience. This property makes a great owner-occupied duplex. Both units are rented through Airbnb all year long. Potential 4 two bedroom 2 bath townhome on the south side of the building. Plans are available with serious interest.

Multi-familyProperty Type

1900Year Built

0.32 acresLot Size

Listed by Phil Shamloo • MORE Realty

Contact: 503-577-8677

Bought with Lori Bennett • Windermere Realty Trust

Redfin checked: 5 minutes ago

•Source:RMLS #24637767

Redfin Estimate

$925,916

$31K since sold in October 2024$15K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.1% higher than the average sale price ($717K) of 6 comparable homes.

SOLD AUG 13, 2026
4232 SW Condor Ave, Portland, OR 97239
$425,000
A
5 beds3 baths2,810 sq ft
4232 SW Condor Ave, Portland, OR 97239
SOLD MAR 27, 2026
$935,000
B
4 beds3 baths2,855 sq ft
3603 SE 10th Ave, Portland, OR 97202
SOLD MAY 27, 2026
$870,000
C
5 beds3 baths2,792 sq ft
3635 SE 14th Ave, Portland, OR 97202
SOLD MAR 31, 2026
$430,000
D
3 beds3 baths3,039 sq ft
4219 SW Condor Ave, Portland, OR 97239
SOLD MAR 17, 2026
$945,000
E
4 beds3 baths2,789 sq ft
2276 SE Spruce Ave, Portland, OR 97214
SOLD FEB 3, 2026
$699,000
F
3 beds2 baths2,473 sq ft
3312 S Corbett Ave, Portland, OR 97239

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Earn from this home

Sell

$178,684

Est. take-home

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Refinance

Est. cash available

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Market trends in Lair Hill, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

0.4% MoM

Median sale price

$485K

$17K MoM

Avg. days on market

71d

33 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 19 HRS AGO
$1,050,000
2 beds3 baths2,764 sq ft
5250 S Landing Square Dr, Portland, OR 97239
Linda Venti • Windermere Realty Trust
NEW 19 HRS AGO
$265,000
1 bed1 bath783 sq ft
3601 S River Pkwy #812, Portland, OR 97239
Amit Amshalom • The A Realty LLC
COMING SOON
$799,000
3 beds3 baths3,009 sq ft
5507 SW Westwood Vw, Portland, OR 97239
Todd Talcott • Where, Inc
OPEN TODAY, 12PM TO 3PM
$1,145,000
4 beds3 baths3,317 sq ft
6464 SW Parkhill Dr, Portland, OR 97239
Randy Bylsma • Premiere Property Group, LLC
OPEN SUN, 1PM TO 3PM
$995,000
3 beds3 baths2,014 sq ft
2538 SW Sherwood Dr, Portland, OR 97201
Kristin Gillis • Premiere Property Group, LLC
$900,000
2 beds1 bath1,296 sq ft
6533 SW 32nd Ave, Portland, OR 97239
Patrick Clark • Christie's International Real Estate Evergreen
$825,000
2 beds2 baths1,663 sq ft
5672 S Riverpoint Ln, Portland, OR 97239
Kari Court • MORE Realty
$2,100,000
3 beds3 baths2,792 sq ft
841 S Gaines St #2204, Portland, OR 97239
Brad Golik • LUXE Forbes Global Properties
$275,000
1 bed1 bath769 sq ft
5250 S Landing Dr Unit 105B1, Portland, OR 97239
Christine Jacobsen • Cascade Hasson Sotheby's International Realty
OPEN SUN, 12PM TO 2PM
$775,000
2 beds3 baths2,292 sq ft
3360 SW Fairmount Blvd, Portland, OR 97239
Jake Lewis • Urban Pacific Real Estate
See all

Provided by Redfin

Sale history for 3203 SW 2nd Ave

** Price available after signing in.

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Tax history for 3203 SW 2nd Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.32 Acres

Year renovated

1900

Sq. Ft.

2,689

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R128999

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: On Street

Interior

Appliances
Hot Water Description: Gas

Interior Features
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $3,400
Area: 1,834
Baths Total: 2
Beds Total: 4
Features: Air Conditioning, Hardwood Floors, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $2,000
Area: 1,055
BathsTotal: 1
Beds Total: 2
Features: Air Conditioning, Deck, Refrigerator, Wood Floors
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Wood Siding

Lot Information
Lot Size Square Feet: 13,939
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size Acres: 0.32
Lot Size: 10,000 to 14,999 SqFt
Lot Features: Hilly, Level, Trees
Parcel Number: R128999

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No

Building Information
Year Built: 1900
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: CARUTHERS ADD, BLOCK 111, LOT 1-3 TL 2200
Tax Annual Amount: $7,271.80

Rent Information
Rent Includes: Electricity, Heat, Sewer, Water

Lease / Rent Information
CAP Rate: 5.59
Gross Rent Multiplier: 13.77

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity, Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Heat Pump
Cooling YN: Yes
Cooling: Heat Pump

Location

School Information
Middle Or Junior School: Jackson

Location Information
Directions: North on Barbur Blvd East on Woods St. and South on 2nd Ave.
Unparsed Address: 3203 SW 2ND AVE, Portland, OR 97239

Community Information
Zoning: R2

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 2,689
Stories: 2.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1900
County: Multnomah County
APN: R128999

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Ainsworth Elementary School

Public K-5 • Assigned • 1.2mi

9/10

West Sylvan Middle School

Public 6-8 • Assigned • 4.0mi

6/10

Lincoln High School

Public 9-12 • Assigned • 1.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97239

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$880,000 – $1.07M

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New listings for sale in 97239

NEW 19 HRS AGOVIDEO TOUR

$1,050,000

2 beds3 baths2,764 sq ft

5250 S Landing Square Dr, Portland, OR 97239

Linda Venti • Windermere Realty Trust

NEW 19 HRS AGO

$265,000

1 bed1 bath783 sq ft

3601 S River Pkwy #812, Portland, OR 97239

Amit Amshalom • The A Realty LLC

COMING SOONVIDEO TOUR

$799,000

3 beds3 baths3,009 sq ft

5507 SW Westwood Vw, Portland, OR 97239

Todd Talcott • Where, Inc

OPEN TODAY, 12PM TO 3PM3D WALKTHROUGH

$1,145,000

4 beds3 baths3,317 sq ft

6464 SW Parkhill Dr, Portland, OR 97239

Randy Bylsma • Premiere Property Group, LLC

OPEN SUN, 1PM TO 3PM

$995,000

3 beds3 baths2,014 sq ft

2538 SW Sherwood Dr, Portland, OR 97201

Kristin Gillis • Premiere Property Group, LLC

$900,000

2 beds1 bath1,296 sq ft

6533 SW 32nd Ave, Portland, OR 97239

Patrick Clark • Christie's International Real Estate Evergreen

$825,000

2 beds2 baths1,663 sq ft

5672 S Riverpoint Ln, Portland, OR 97239

Kari Court • MORE Realty

$2,100,000

3 beds3 baths2,792 sq ft

841 S Gaines St #2204, Portland, OR 97239

Brad Golik • LUXE Forbes Global Properties

$275,000

1 bed1 bath769 sq ft

5250 S Landing Dr Unit 105B1, Portland, OR 97239

Christine Jacobsen • Cascade Hasson Sotheby's International Realty

Home values near 3203 SW 2nd Ave

Data from public records.

Address	Redfin Estimate
3132 Southwest 2nd Ave, Portland, OR 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$475,424
3122 Southwest 2nd Ave, Portland, OR 4 Beds \| 1 Baths \| 1296 Sq. Ft.	$443,543

Address	Redfin Estimate
3133 Southwest 2nd Ave, Portland, OR 3 Beds \| 2.5 Baths \| 1584 Sq. Ft.	$633,683
3123 Southwest 2nd Ave, Portland, OR 8 Beds \| 4 Baths \| 3520 Sq. Ft.	$994,503

Address	Redfin Estimate
3125 Southwest 2nd Ave, Portland, OR 2 Beds \| 1 Baths \| 1021 Sq. Ft.	$447,802
3138 Southwest 2nd Ave, Portland, OR 3 Beds \| 2 Baths \| 2009 Sq. Ft.	$591,480

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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