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Listed by Better Homes & Gardens Realty
$ 1,200,000
Est. payment /mo
Active
3204 SW 10TH AVE Portland, OR 97239
4,116 SqFt
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
