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1129 SW Gaines St, 
Portland, OR 97239

$2,400,000


Bed


Bath


8,472

Sq Ft


Multi-Family

Active

Listed by

Greg Messick

Realtynet, LLC.

503-300-6330

Last updated:

November 21, 2025, 01:27 PM

MLS#

136481066

Source:

PORTLAND

About This Home

1129 SW Gaines St

Introducing the Marquam Trail 8-Plex Apartments located at 1129 SW Gaines Street, Portland, OR 97239. This charming property boasts 1999 construction with a new 2023 roof by Interstate Roofing, ensuring durability and protection for years to come. Each of the eight 2-bedroom, one-bath units features an in-unit full-size washer and dryer, air conditioning/heat pump, and a private patio or balcony, offering modern convenience and comfort to residents. Unique amenities include controlled access to the common area unit entry, 8 carports with extra tandem off-street parking space, a rare find in the OHSU Pill Hill area. Residents also enjoy large lockable storage units in front of each carport. An Owner/Manager may enjoy the dedicated Maintenance-Work Room. Don't miss this opportunity on pill hill by OHSU Marquam Campus, with all the jobs and medical students. The Marquam Trails 8-Plex is nestled in a prime location, offering a front-row seat to Portland's largest employer, OHSU.OHSU has established itself as Portland's largest employer and as a statewide economic powerhouse. OHSU operations generate, directly and indirectly, $7.2 billion a year in total gross economic output in Oregon. OHSU's total economic impact grew 196% percent from 2007 to 2019. OHSU supports 42,639 jobs, both at OHSU and in the community. With a significant economic impact and over 42,000 jobs at OHSU, this area is a hub of growth and opportunity. Located in the sought-after Homestead neighborhood on Marquam Hill, by OHSU's medical school and two renowned hospitals, the Oregon Health & Science University Hospital and Doernbecher Children's Hospital. Additionally, a third hospital is connected from OHSU by a skybridge to the Portland Veterans Affairs Medical Center hospital that has approximately 656 employees as of January 2024.

Home Facts

Multi-Family

Built in 1999

Price Summary

2,400,000

$283 per Sq. Ft.

MLS #:

136481066

Last Updated:

November 21, 2025, 01:27 PM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

8,472 Sq. Ft.


Structure

Structure

Building Area:

8,472 Sq. Ft.

Year Built:

1999


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$2,400,000

Price per Sq. Ft:

$283 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Coast Real Estate are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: November 21, 2025

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