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316 W 3rd, 
Phoenix, OR 97535

$625,000


Bed


Bath


2,880

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Molly Mullane

Colin P Mullane

Full Circle Real Estate

541-482-6868

Last updated:

January 19, 2026, 09:57 PM

MLS#

220205287

Source:

OR SOMLS

About This Home

316 W 3rd

Prime investment opportunity - Phoenix Triplex that is close to schools, shops and Main St. Each unit is occupied and 980 Sq. Ft., 2 bedrooms, 1.5 baths, private fenced back patios with room for gardening, a carport with storage and additional off-street parking. The living room and eating are open with access to the private backyard/patio area through a sliding glass door. Functional kitchen with range, hood, dishwasher, disposal and washer/dryer hookups. A half bathroom rounds out the main level before heading upstairs for the 2 bedrooms and full bathroom with tub/shower combo. All units have window AC units and electric radiant heaters. Each unit has its own electric meter and is paid by the tenant. Owner is responsible for water, sewer and trash. Units B and C have updated LVP floors throughout, new appliances including hot water heater and kitchen cabinets. Fence, membrane roof and gutters were replaced recently. Inquire for more details. Appointment Only.

Home Facts

Multi-Family

Built in 1978

Price Summary

625,000

$217 per Sq. Ft.

MLS #:

220205287

Last Updated:

January 19, 2026, 09:57 PM

Added:

6 month(s) ago


Rooms & Interior

Interior

Living Area:

2,880 Sq. Ft.


Structure

Structure

Building Area:

2,880 Sq. Ft.

Year Built:

1978


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$625,000

Price per Sq. Ft:

$217 per Sq. Ft.

Source:OR SOMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.