3216 SW 11TH AVE Portland, OR $ 949,900
3216 SW 11TH AVE
$ 949,900
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3216 SW 11TH AVE

Portland, OR, 97239
$ 949,900
Bedrooms6 Baths4.0 Sq 3,330

Monthly Estimate*

$ 5,849

3216 SW 11TH AVE, Portland, OR 97239 - Image 1

Multi-Family Home for sale in Portland, OR

for $949,900 with 6 bedrooms and 4 full baths. This 3,330 square foot home was built in 1974 on a lot size of 0.12.

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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Multi-Family Coming Soon

Price

$ 949,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 13,580

Style

Lot Size

0.12

Year Built

1974

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

670746688

Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning RM3
Garage Spaces 0
Year Built 1974
Stories Count 3
Tax Year 2025
Parcel Number R247301
Gross Income 70000.0
Community Features Laundry
County Multnomah
Net Operating Income 40000.0
Operating Expense 30000.0
Property Type MultiFamily
HOA N
Subdivision Name HOMESTEAD/MARQUAM HILL
Rent Includes TrashCollection
Status ComingSoonNoShowing
Directions SW Gibbs turn North on SW 11th
High School Lincoln
City Portland
Disclosures Exempt
Number Of Units Total 4
MLS Area _148
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ainsworth
Tax Annual Amount 13580.8
Middle/Junior High School West Sylvan
Property Condition UpdatedRemodeled
Standard Status ComingSoon
Accessory Dwelling Unit Y/N N
Legal Description PORTLAND CITY HMSTD BLOCK 81 LOT 7
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Interior
Basement PartialBasement
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Assigned
Water Source PublicWater
Total Parking 5.0
Exterior Description Brick WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3330.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 3216
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* Excluded Features
List By
More Realty

Broker

503-869-7303

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Affordability Calculator

$6,980
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$1,132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$949,900 Listed Price

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3216 SW 11TH AVE, Portland, OR, 97239 is a Multi-Family Home for sale at $949,900 with 3,330 sqft and a lot size of 0.12. 3216 SW 11TH AVE has 6 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 97239 which is in Portland, OR