3216 Sw 11TH Ave, Portland, OR 97239

• 3,330 sqft

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.

Listing Status:

Active

Date Added:

June 18, 2026

Data Last Updated:

June 18, 2026 at 2:43PM

Listing Office:

MORE Realty : 503-353-6673

Listing Agent:

Jeff Stephens : 503-869-7303

MLS ID:

670746688

Interior

• Basement: Partial basement
• Heating: Wall heater

Exterior

• General: BrickWood siding
• Parking: AssignedParking spaces: 5

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Golf: Laundry
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM3PORTLAND CITY HMSTDBLOCK 81LOT 7R247301
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.