See all 25 photos

Listed by Better Homes & Gardens Realty

$1,200,000

Est. payment - /mo

Save

4,116 SqFt

Active

3204 SW 10TH AVE Portland, OR 97239

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,116 sqft

Price per Sqft $291

Subdivision Hmstd

MLS Listing ID 433873883

Year Built 1953

Annual Tax Amount $16,881

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Exceptional investment opportunity just two blocks from OHSU, offering strong and consistent rental demand from medical residents, dental and nursing students, and nearby tech professionals. This well-maintained multi-unit property features extensive updates throughout, including hardwood flooring, quartz countertops, and updated cabinetry in both kitchens and baths. All units are equipped with stainless steel appliances, including dishwashers and modern stainless exhaust hoods, along with high-efficiency washers and dryers for added tenant convenience.The property offers desirable parking with space for two vehicles per unit, a rare feature for the area. Two units feature fireplaces, while the building's layout provides a quiet and private setting with two units facing north and two units oriented southwest for optimal light and livability. Additional upgrades include newer double-pane windows, a newer hot water heater, and a roof replaced approximately two years ago, helping to minimize future capital expenditures.Cadet electric wall heaters provide efficient heating, and the property's proximity to OHSU ensures strong occupancy potential with long-term tenants. Located in a highly sought-after area with excellent access to transit, downtown Portland, and major employment centers, this property presents a turnkey, income-producing opportunity with long-term upside.

Location

State OR

County Multnomah

Area _148

Zoning CS

Rooms

Basement Full Basement

Interior

Heating Baseboard

Cooling None

Exterior

View City, Trees Woods

Roof Type Membrane

Garage No

Building

Lot Description Gentle Sloping, Private, Seasonal, Trees

Story 3

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Want to See This Home or Others Like It?

The best homes often sell quickly, and having a plan makes all the difference. Start with our Buyer Guide to understand the process, then schedule a consultation so we can build your strategy and get you in position to buy.

View Buyer Guide Schedule a Consultation