About 3216 Sw 11th Ave
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.
Features of 3216 Sw 11th Ave
| MLS® # | 670746688 |
|---|---|
| Price | $934,900 |
| Bathrooms | 0.00 |
| Square Footage | 3,330 |
| Acres | 0.12 |
| Year Built | 1974 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 3216 Sw 11th Ave |
|---|---|
| Area | 148 - Portland NW/ SW/ S, Raleigh Hills |
| Subdivision | HOMESTEAD/MARQUAM HILL |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97239 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Assigned |
| View | City, Territorial |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Heater |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Partial Basement |
Exterior
| Exterior | Brick, Wood Siding |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Ainsworth |
|---|---|
| Middle | West Sylvan |
| High | Lincoln |
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Days on Market | 94 |
| Zoning | RM3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MORE Realty |
|---|---|
| Contact Info | 503-869-7303 |