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3411 SW Us Veterans Hospital Rd Sw, 
Portland, OR 97239

$250,000


Bed


Bath


2,309

Sq Ft


Multi-Family

Active

Listed by

Matt Murray

Kris Kachirisky

Cascade Hasson Sotheby'S International Realty

503-420-8650

Last updated:

June 28, 2025, 04:24 AM

MLS#

358980332

Source:

PORTLAND

About This Home

3411 SW Us Veterans Hospital Rd Sw

Once-in-a-lifetime investment opportunity! This 5-plex features five charming units, perfectly situated on "Pill Hill." Conveniently located near Oregon Health Sciences University (OHSU). Comprising four cozy studios and one inviting one-bedroom, this property presents a fantastic opportunity for value-add improvements. With current rents below market, there's a bright potential for increased income in this highly desirable area, known for its strong demand from OHSU employees and students. All units are conveniently located on the ground floor, with a basement providing space for laundry and water heaters. Each unit is separately metered for electricity and natural gas, with tenants responsible for their utilities. The driveway offers easy access and parking for one vehicle or multiple motorcycles, and it could be transformed into additional storage or amenity space, boosting rental appeal and overall value. Property is zoned RM3, creating an opportunity to develop. Retaining wall requires significant updates and repairs. Please reach out to listing agent for more information.

Home Facts

Multi-Family

Built in 1943

Price Summary

250,000

$108 per Sq. Ft.

MLS #:

358980332

Last Updated:

June 28, 2025, 04:24 AM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

2,309 Sq. Ft.


Structure

Structure

Building Area:

2,309 Sq. Ft.

Year Built:

1943


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$108 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 United Brokers 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: June 28, 2025

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.