UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

3204 SW 10TH AVE Portland, OR 97239
Price:
$1,200,000
Units:
4
Acres:
0.12
Unit 1:
2 Bed 2.0 Bath $2,200/mo
Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer
Unit 2:
2 Bed 2.0 Bath $2,170/mo
Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer
Unit 3:
1 Bed 1.0 Bath $2,062/mo
Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer
Unit 4:
1 Bed 1.0 Bath $1,897/mo
Features: Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer
MLS#:
433873883
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
CS
Yr Built:
1953
Taxe/yr:
$16,881.45
County:
Multnomah
Status:
Active
Levels:
3
Heat:
Baseboard
Nhood/Bldg:
HMSTD
View:
City, Trees/Woods
Elem:
Ainsworth
Middle:
West Sylvan
High:
Lincoln
Lot Desc:
Gentle Sloping, Private, Seasonal, Trees
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
Better Homes & Gardens Realty
Remarks:
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.
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