3204 SW 10th Ave, Portland, OR 97239

$1,200,000

Beds

Baths

0.12 ac

Property Size

1953

Year Built

About The Property

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.

ARCHITECTURE

Stories: 3
Condition: Updated/Remodeled
Year Built: 1953
Roof Type: Membrane
Foundation Details: Slab
Basement Details: Full Basement

INTERIOR FEATURES

Heating Type: Baseboard
Fuel Type: Electricity
Interior SqFt: 4116

EXTERIOR FEATURES

Lot Features: Gentle Sloping, Private, Seasonal, Trees
Lot size (Acres): 0.12
Zoning: CS
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Ainsworth
High School: Lincoln
Middle: West Sylvan

TAX & FINANCIAL

Annual Tax: $16881.45
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Better Homes & Gardens Realty
Days On Market: 85

Map Location

Property Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 803734

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Erik Leland