

3204 SW 10TH AVEPortland, OR 97239
Multi-Family · 4,116 Sq. ft. | 0.12 Acres3204 SW 10TH AVE Overview
- Time on Site:
- 97 days
- Visits:
- 2
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.
3204 SW 10TH AVE Facts & Features
- Type Multi-Family
- Sq. ft. 4,116
- Price/Sq.ft. $292
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Ainsworth
- Middle Or Junior School: West Sylvan
- High School: Lincoln
Income/Expenses
- Gross Income: 99948.0
- Net Operating Income: 78048.0
- Operating Expense: 21903.0
Building Information
- Year Built: 1953
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
- Subdivision Name: HMSTD
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 16881.45
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: R247306
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: CS
Interior
Building Interior
- Building Area Total: 4116.0
General Information
- Basement: Full Basement
- Cooling: None
- Foundation Details: Slab
- Heating: Baseboard
- Stories: 3
Exterior
Parking Information
- Parking Features: Driveway,On Street
Lot Information
- Lot Features: Gentle Sloping,Private,Seasonal,Trees
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227.0
- Road Surface Type: Gravel,Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Membrane
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
3204 SW 10TH AVE Neighborhood
Community
97239 (Portland) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3204 SW 10TH AVE Monthly Cost
3204 SW 10TH AVE Market Data
Based on the last 30 days in this zip code
3204 SW 10TH AVE History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: Regional MLS | Pending |
|
| 3/24/2026Source: Regional MLS | March 24, 2026 |

