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About This Home

This 6-bedroom, 6-bathroom residential multi family at 3204 SW 10TH Ave in Portland, OR is listed for $1,200,000 ($292 per sqft). Built in 1953, the home offers 4,116 sqft of living space on a 0.12 acres lot.

Agent 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 cap

ital 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.

Key Features

  • Built in 1953
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
6 full
1953

Amenities

View

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

3204 SW 10TH Ave

Portland, OR 97239

HMSTD

Property Details

Views

City

Heating

Baseboard

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 3204 SW 10TH Ave is listed at $1,200,000 ($292/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.12 acre lot, 3 stories.

This property is listed by Mitchell Peterson and can be reached at 5037093739 or Mitch@mitchpetersonrealty.com.

MP

Mitchell Peterson

Agent at Better Homes & Gardens Realty

(503) 709-3739

Listed by Better Homes & Gardens Realty · View on Broker Site

MLS# 433873883· Source: listhub· Updated 33 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3204 SW 10TH Ave, Portland, OR 97239

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