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.
Active
$949,900
3216 SW 11th Ave, Portland, OR 97239
6beds
3,330sqft
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$285/sqft
$-- HOA
What's special
East-facing viewsPeaceful residential settingQuiet no-through street
- 7 days |
- 204 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Stephens 503-869-7303,
MORE Realty
Source: RMLS (OR),MLS#: 670746688
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Flooring: Wood
- Basement: Partial
Interior area
- Total structure area: 3,330
- Total interior livable area: 3,330 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 5,227 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: R247301
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Subdivision: Homestead/Marquam Hill
Location
- Region: Portland
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $1,012,030
- Annual tax amount: $13,580
- Date on market: 6/18/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4560
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $949,900+41.8%$285/sqft |
Source:  RMLS (OR) #670746688 Report a problem | ||
| 2/15/2005 | Sold | $670,000$201/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,581 +3.7% | $504,490 +3% |
| 2024 | $13,093 +4% | $489,800 +3% |
| 2023 | $12,589 +2.2% | $475,540 +3% |
| 2022 | $12,317 +1.7% | $461,690 +3% |
| 2021 | $12,108 +9% | $448,250 +3% |
| 2020 | $11,107 +3.8% | $435,200 +3% |
| 2019 | $10,699 | $422,530 +3% |
| 2018 | $10,699 +3% | $410,230 +3% |
| 2017 | $10,384 +14% | $398,290 +3% |
| 2016 | $9,108 | $386,690 +3% |
| 2015 | $9,108 +2.7% | $375,430 +3% |
| 2014 | $8,869 +14.1% | $364,500 +3% |
| 2013 | $7,770 +5.3% | $353,890 +3% |
| 2012 | $7,380 -0.6% | $343,590 +3% |
| 2011 | $7,426 +5.5% | $333,590 +3% |
| 2010 | $7,037 +2.7% | $323,880 +3% |
| 2009 | $6,851 +5.9% | $314,450 +3% |
| 2008 | $6,467 +0.2% | $305,300 +3% |
| 2007 | $6,454 +11.4% | $296,410 +3% |
| 2006 | $5,795 +4.7% | $287,780 +3% |
| 2005 | $5,532 -5.5% | $279,400 +3% |
| 2004 | $5,851 +1.3% | $271,270 +3% |
| 2003 | $5,774 +6.5% | $263,370 +3% |
| 2002 | $5,422 +8.8% | $255,700 +6.1% |
| 2000 | $4,983 | $241,030 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Homestead
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97239
- Homestead
- 3216 SW 11th Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Portland Topics
