3216 SW 11TH AVE, Portland, OR 97239
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3216 SW 11TH AVE, Portland, OR 97239
3216 SW 11TH AVE, Portland, OR 97239
3216 SW 11TH AVE, Portland, OR 97239
3216 SW 11TH AVE, Portland, OR 97239
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Steve Studley

Steve Studley

+1(360) 606-8816
Listed by MORE Realty • 503-869-7303
$ 949,900
Est. payment /mo
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Open Sat 12PM-3PM

3216 SW 11TH AVE Portland, OR 97239

3,330 SqFt

Open House

Sat Jun 20, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,330 sqft

Price per Sqft $285

Subdivision Homestead/Marquam Hill

MLS Listing ID 670746688

Year Built 1974

Annual Tax Amount $13,580

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Excellent, well-maintained four-plex within a short walk to OHSU. Tucked away on a quiet, no-through street, this attractive property offers a peaceful residential setting with strong appeal to both owner-occupants and investors. One unit is currently vacant, creating the perfect opportunity for a buyer to move in immediately and offset their mortgage with rental income from the other three units. For investors, the property benefits from strong rents and a reliable tenant pool of medical professionals and staff who value close proximity to OHSU. The building is in good condition and features assigned off-street parking for each unit, east-facing views, and a private deck ideal for enjoying morning coffee or relaxing outdoors. Whether you're looking to build wealth by living in one unit while your tenants help pay the mortgage, or seeking a stable investment in one of Portland's most consistently desirable rental locations, this four-plex is an outstanding opportunity.

Location

State OR

County Multnomah

Community Laundry

Area _148

Zoning RM3

Rooms

Basement Partial Basement

Interior

Heating Wall Heater

Exterior

Community Features Laundry

View City, Territorial

Roof Type Composition

Garage No

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

Steve Studley

Steve Studley

CEO/Agent | License ID: 112629

+1(360) 606-8816

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3216 SW 11TH AVE