Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.
Active
Price cut: $250K (4/27)
$3,499,900
3727 S Hood Ave, Portland, OR 97239
9beds
9,695sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$361/sqft
$-- HOA
What's special
Designer tonesHigh-end finishesTall ceilingsNatural lightOpen floor planStainless-steel appliancesCovered patios or balconies
- 339 days |
- 196 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 157452551
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 18
- Full bathrooms: 18
Heating
- Zoned
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Range, Washer/Dryer, Electric Water Heater
Interior area
- Total structure area: 9,695
- Total interior livable area: 9,695 sqft
Video & virtual tour
Property
Features
- Stories: 4
- Has view: Yes
- View description: City, Trees/Woods
Lot
- Size: 4,791 Square Feet
- Dimensions: 50' x 100'
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R129248
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Slab
- Roof: Metal
Condition
- New Construction
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: South Portland
Location
- Region: Portland
Financial & listing details
- Price per square foot: $361/sqft
- Annual tax amount: $45,976
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional
- Total actual rent: 51565
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $3,499,900-6.7%$361/sqft |
Source: | ||
| 2/18/2026 | Price change | $3,749,900-1.3%$387/sqft |
Source: | ||
| 2/9/2026 | Price change | $3,799,900-1.3%$392/sqft |
Source: | ||
| 8/6/2025 | Listed for sale | $3,849,900$397/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 2.4 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
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.






