3216 SW 11TH AVE, Portland, OR 97239

  • $949,900

Overview

  • 3330 Sqft
    Property Size
  • 1974
    Year Built
  • MultiFamily
    Property Type
  • 670746688
    MLS#
  • 0.12 Acres
    Land Area
  • MORE Realty
    Office Name
  • Jeff Stephens
    Agent Name

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

Updated on June 19, 2026 at 2:35 pm
  • MLS# 670746688
  • Price $949,900
  • Property Size 3330 Sqft
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1974
  • Property Type MultiFamily
  • Property Status Active
  • Office Name MORE Realty
  • Agent Name Jeff Stephens
  • Office Phone 503-353-6673

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Heating Wall Heater
  • County Multnomah
  • Property Type MultiFamily
  • Parking Assigned
  • Elementary School Ainsworth
  • Middle School West Sylvan
  • High School Lincoln
  • Community Features Laundry

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