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About This Home
This 6-bedroom, 4-bathroom residential multi family at 3216 SW 11TH Ave in Portland, OR is listed for $949,900 ($285 per sqft). Built in 1974, the home offers 3,330 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1974
- 0.12 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,080/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3216 SW 11TH Ave
Portland, OR 97239
HOMESTEAD/MARQUAM HILL
Property Details
Views
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 3216 SW 11TH Ave is listed at $949,900 ($285/sqft). The estimated monthly payment is $4,116 based on 20% down at 6.5% interest.
Key features include: Built in 1974, 0.12 acre lot, 3 stories.
This property is listed by Jeff Stephens and can be reached at 5038697303 or jeff@aboundpdx.com.






