Prime Investment Opportunity: Turnkey High-Capacity Rental Steps from OHSU.
Strategically located in the heart of the Marquam Hill neighborhood, this exceptional 12-bedroom, 3-bathroom residence offers a rare combination of scale, stability, and high-yield potential. Designed for maximum efficiency and communal living, the property is a mainstay for the OHSU community where housing options are limited.
The Property
Layout: 12 spacious, light-filled bedrooms optimized for student and professional residency. 2 fully stocked kitchens. Large basement laundry/storage room with coin operated washers and dryers (2 each). All common areas are fully furnished. 4 highly desirable private off-street parking spaces.
Bathrooms: 3 well-maintained bathrooms distributed across the floor plan for convenient access.
Condition: Fully "turnkey"—well-maintained systems and updated finishes ensure immediate operations with no deferred maintenance required. 2 updated gas furnaces. New double pane windows.
Living Spaces: Fully furnished and stocked shared common areas designed for high-occupancy durability without sacrificing the "home" feel necessary for long-term tenants.
The Location & Demand
Proximity: Situated within immediate walking distance to Oregon Health & Science University (OHSU), the region's largest employer and premier medical research hub.
Target Demographic: A consistent pipeline of high-quality tenants, including OHSU medical students, specialized researchers, and traveling healthcare professionals.
Commuter Friendly: Excellent access to the Portland Aerial Tram, regional transit, and scenic trails, making it a highly desirable "car-free" living option.
Investment Highlights
Proven Revenue: Historically high occupancy rates with a track record of serving the medical community’s unique housing needs.
Operational Ease: The property’s current configuration is tailor-made for high-density rental management.
Growth Potential: Located in a supply-constrained market where the demand for proximity to the hospital campus consistently outpaces availability.
Viewings: Available by appointment for qualified buyers.
Secure a cornerstone asset in one of Portland’s most resilient rental micro-markets.
For sale by owner
$800,000
3333 SW 10th Ave, Portland, OR 97239
12beds
4,252sqft
SingleFamily
Built in 1942
4,791 Square Feet Lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
New double pane windows
- 66 days |
- 748 |
- 15 |
Listed by:
Property Owner (830) 385-1455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 4,252 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street, Garage
Features
- Exterior features: Wood
- Has view: Yes
- View description: Park, Territorial
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: R247258
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1942
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $906,670
- Annual tax amount: $12,244
- Date on market: 4/20/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,975/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $800,000+37.9%$188/sqft |
Source: Owner Report a problem | ||
| 7/30/2021 | Sold | $580,000+68.1%$136/sqft |
Source: Public Record Report a problem | ||
| 8/11/2010 | Sold | $345,000+3%$81/sqft |
Source: Public Record Report a problem | ||
| 7/22/2010 | Listed for sale | $334,900+1.2%$79/sqft |
Source: John L Scott Real Estate #10059550 Report a problem | ||
| 3/4/2010 | Sold | $330,909-30.3%$78/sqft |
Source: Public Record Report a problem | ||
| 9/8/1997 | Sold | $475,000$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,244 +3.7% | $454,840 +3% |
| 2024 | $11,804 +4% | $441,600 +3% |
| 2023 | $11,350 +2.2% | $428,740 +3% |
| 2022 | $11,105 +1.7% | $416,260 +3% |
| 2021 | $10,917 +9% | $404,140 +3% |
| 2020 | $10,014 +3.8% | $392,370 +3% |
| 2019 | $9,646 | $380,950 +3% |
| 2018 | $9,646 +3% | $369,860 +3% |
| 2017 | $9,362 +14% | $359,090 +3% |
| 2016 | $8,211 | $348,640 +3% |
| 2015 | $8,211 +2.7% | $338,490 +3% |
| 2014 | $7,996 +16% | $328,640 +3% |
| 2013 | $6,895 +14% | $319,070 +3% |
| 2012 | $6,048 -6.9% | $309,780 +3% |
| 2011 | $6,495 +2.4% | $300,760 +3% |
| 2010 | $6,345 +2.7% | $292,000 +3% |
| 2009 | $6,176 +5.9% | $283,500 +3% |
| 2008 | $5,831 +0.2% | $275,250 +3% |
| 2007 | $5,818 +11.4% | $267,240 +3% |
| 2006 | $5,225 +4.7% | $259,460 +3% |
| 2005 | $4,988 -4% | $251,910 +3% |
| 2004 | $5,197 +2.1% | $244,580 +3% |
| 2003 | $5,090 +4.1% | $237,460 +3% |
| 2002 | $4,889 +8.8% | $230,550 +6.1% |
| 2000 | $4,495 | $217,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 0.9 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: The MLS. 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
- 3333 SW 10th Ave






