3216 SW 11TH AVE Portland, OR 97239
Price:
$949,900
Units:
4
Acres:
0.12
Unit 1:
2 Bed 1.0 Bath $1,785/mo
Features: Deck, Range, Refrigerator, Wood Floors
Unit 2:
2 Bed 1.0 Bath $1,560/mo
Features: Deck, Range, Refrigerator, Wood Floors
Unit 3:
1 Bed 1.0 Bath $1,215/mo
Features: Deck, Range, Refrigerator, Wood Floors
Unit 4:
1 Bed 1.0 Bath
Features: Deck, Range, Refrigerator, Wood Floors
MLS#:
670746688
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
RM3
Yr Built:
1974
Taxe/yr:
$13,580.80
County:
Multnomah
Status:
Active
Levels:
3
Heat:
WallHeater
Nhood/Bldg:
HOMESTEAD/MARQUAM HILL
View:
City, Territorial
Elem:
Ainsworth
Middle:
West Sylvan
High:
Lincoln
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
MORE Realty
Remarks:
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.
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