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6 Beds
6 Baths
4,116 sqft

$1,200,000

3204 SW 10TH AVE, Portland OR, 97239

Price per sqft$291.55
Built in1953
Property size4,116 sqft
Property typeMulti-family
Listing Courtesy of Better Homes & Gardens Realty, Mitchell Peterson. 503-709-3739

Overview

Active

Listed Mar 24, 2026

Updated 8 days ago

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.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
433873883

Interior Features

Bedrooms
6
Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$16,881
Tax Frequency
Annually
View
Yes
MLS provider logo

Listing Courtesy of Better Homes & Gardens Realty, Mitchell Peterson. 503-709-3739

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Independent Broker Collective are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 9/30/2026, 3:43 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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