About This Home

This 6-bedroom, 4-bathroom residential multi family at 3216 SW 11TH Ave in Portland, OR is listed for $934,900 ($281 per sqft). Built in 1974, the home offers 3,330 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1974
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
4 full
1974

Amenities

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Listing 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.

Monthly Cost Estimate

$5,000/mo

20% down · 6.5% · 30 years

Principal$676
Interest$4,051
Insurance$273

Estimates only. Actual payments may vary.

Location

3216 SW 11TH Ave

Portland, OR 97239

HOMESTEAD/MARQUAM HILL

Property Details

Views

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Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 3216 SW 11TH Ave is listed at $934,900 ($281/sqft). The estimated monthly payment is $5,000 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 0.12 acre lot, 3 stories.

This property is listed by Jeff Stephens.

JS

Jeff Stephens

Agent at MORE Realty

Listed by MORE Realty · Broker phone: (503) 353-6673 · View on Broker Site · Broker website

MLS# 670746688· Source: Regional Multiple Listing Services· 133 days on PropertySimple

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.

3216 SW 11TH Ave, Portland, OR 97239

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