Listing provided courtesy of MORE Realty- MLS# 670746688
Contact Information: 503-869-7303
Contact Information: 503-869-7303Images
Request Info3216 SW 11TH AVEPortland, OR 97239
Multi-Family · 3,330 Sq. ft. | 0.12 Acres$949,900
Active
3216 SW 11TH AVE Overview
- Time on Site:
- 14 days
- Visits:
- 1
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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3216 SW 11TH AVE Facts & Features
- Type Multi-Family
- Sq. ft. 3,330
- Price/Sq.ft. $285
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Ainsworth
- Middle Or Junior School: West Sylvan
- High School: Lincoln
Income/Expenses
- Gross Income: 70000.0
- Net Operating Income: 40000.0
- Operating Expense: 30000.0
Building Information
- Year Built: 1974
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
- Subdivision Name: HOMESTEAD/MARQUAM HILL
Community/Development
- Community Features: Laundry
Rent/Lease Information
- Rent Includes: Trash Collection
Tax Information
- Tax Annual Amount: 13580.8
- Tax Year: 2025
General Information
- Disclosures: Exempt
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: R247301
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: RM3
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 3330.0
General Information
- Basement: Partial Basement
- Foundation Details: Concrete Perimeter
- Heating: Wall Heater
- Stories: 3
Exterior
Parking Information
- Parking Features: Assigned
- Parking Total: 5.0
Lot Information
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
3216 SW 11TH AVE Neighborhood
Community
97239 (Portland) Demographics
39
Median Age
4,964
Population Density (per sq. mile)
79%
College Educated
$93,594
Estimated Median Income
4,411
Estimated Total Home Owners
4,838
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3216 SW 11TH AVE Monthly Cost
3216 SW 11TH AVE Market Data
Based on the last 30 days in this zip code
$766,527
Average List Price
$349
Average Price per Square Foot
19
Properties Sold
132
Average Days on Market
155
Properties for Sale
3216 SW 11TH AVE History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: Regional MLS | Active |
|
| 6/15/2026Source: Regional MLS | June 15, 2026 |