3204 Sw 10th Ave, Portland, OR

$1,200,000

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4,116

Square feet

0.12

Acres

About 3204 Sw 10th Ave

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.

Features of 3204 Sw 10th Ave

MLS® # 433873883
Price $1,200,000
Bathrooms 0.00
Square Footage 4,116
Acres 0.12
Year Built 1953
Type Multi Family
Status Active

Community Information

Address 3204 Sw 10th Ave
Area 148 - Portland NW/ SW/ S, Raleigh Hills
Subdivision HMSTD
City Portland
County Multnomah
State OR
Zip Code 97239

Amenities

Parking Driveway, On Street
View Trees/Woods, City
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Cooling None
Fireplace No
# of Stories 3
Has Basement Yes
Basement Full Basement

Exterior

Exterior Wood Siding
Lot Description Gentle Sloping, Private, Seasonal, Trees
Roof Membrane
Foundation Slab

School Information

Elementary Ainsworth
Middle West Sylvan
High Lincoln

Additional Information

Date Listed March 24th, 2026
Days on Market 181
Zoning CS
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBetter Homes & Gardens Realty

Listing Map

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