3216 SW 11TH AVE, Portland, OR 97239

$949,900
3,330
SqFt

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List Price
$949,900
Days on Market
40
MLS#
670746688
Property Type
Multifamily
Sqft. of Residence
3,330
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
ACTIVE

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.

Additional Information

Tax Amount
$13,580
Year Built
1974
High School
Lincoln
Elementary School
Ainsworth
Middle School
West Sylvan
Acres
0.12
Living Area
3,330
Stories
3
Subdivision
HOMESTEAD/MARQUAM HILL
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
City, Territorial
Parking
Assigned
Parking Description
Assigned
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1785
Unit Type One Sq Ft
850
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1215
Unit Type Three Sq Ft
650
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Sq Ft
650
Unit Type Four Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MORE Realty.

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