$934,900
 $5,019 est/mo Sourced by Back At You

3216 SW 11th Ave,Portland, OR 97239

Portland, OR 97239

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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.

Details

MLS #670746688
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1974
Days On Site132
Listing Provided ByMORE Realty | Jeff Stephens

Features

SQ Feet3,330
BasementY
Story(s)3
Units4
ZoningRM3
Acreage0.12
Property ViewCity, Territorial

Interior

HeatingWall Heater
Heating YnNo
Cooling YnNo

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter

Parking

Attached Garage YnNo
Parking FeaturesAssigned

Taxes

Property13580

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97239
Community NameHOMESTEAD/MARQUAM HILL
School DistrictLincoln
Elementary SchoolAinsworth
High SchoolLincoln
Listing VS Median (in HOMESTEAD/MARQUAM HILL)
Price:
$934,900
low | high
Med:
$934,900
50% of Average
sqft:
3,330
low | high
Med:
3,330
50% of Average
$ / sqft:
$281
low | high
Med:
$281
50% of Average
On site:
132
low | high
Med:
132
100% of Average
Sourced by Back At You

Market Activity 97239

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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 Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97239
Community NameHOMESTEAD/MARQUAM HILL
School DistrictLincoln
Elementary SchoolAinsworth
High SchoolLincoln
Listing VS Median (in HOMESTEAD/MARQUAM HILL)
Price:
$934,900
low | high
Med:
$934,900
50% of Average
sqft:
3,330
low | high
Med:
3,330
50% of Average
$ / sqft:
$281
low | high
Med:
$281
50% of Average
On site:
132
low | high
Med:
132
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $701K - $1.168M
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
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909 SW GAINES ST Property Photo 1
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909 Sw Gaines St
Portland, OR 97239
3523 SW 13TH AVE Property Photo 1
$899,000
3523 Sw 13th Ave
Portland, OR 97239
Listing Updated: October 26, 2026 at 11:27:50 PM PDT