Last Sold Price
2,309 sqft$108/sqft
3411 SW US Veterans Hospital Rd, Portland, OR 97239

Description

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...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. Offers due: Thursday, July 3rd at 10 AM. Cash only.
LISTING CLOSED: 07/11/2025 12:00 AM

  1. Listed by Matt Murray • Cascade Hasson Sotheby's International Realty
  2. Listed by Kris Kachirisky • Cascade Hasson Sotheby's International Realty

Property Details for 3411 Southwest US Veterans Hospital Road

Status
MLS #
358980332
Days on Market
8
Taxes
$11,166 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1943
Lot Size
0.12 AC / 5,227 SF
Subdivision
HOMESTEAD/MARQUAM HILL
Parking Features
Driveway
Zoning
RM3

Recent comparable sales

Median sold price

$680,000

Avg days on market

65

Sale-to-list ratio

95.2%

Portland, OR

9 comparable properties found

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1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.12
Acres
$685,000 | 126 Southwest Curry Street, Portland, OR 97239
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2

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Bathrooms
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Square Feet
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Acres
$535,000 | 4118 Southwest View Point Terrace, Portland, OR 97239
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3

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Sold 03/28/25

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Square Feet
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Acres
$420,000 | 3206 South Kelly Avenue, Portland, OR 97239
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Unavailable
Bedrooms
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Square Feet
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Acres
$950,000 | 6125 South Hood Avenue, Portland, OR 97239
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Bedrooms
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Square Feet
0.14
Acres
$680,000 | 6462 Southwest Capitol Highway, Portland, OR 97239
1/41
6

$680,000

Sold 03/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$680,000 | 6464 Southwest Capitol Highway, Portland, OR 97239
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7

$680,000

Sold 03/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$708,000 | 4921 Southwest Beaverton Hillsdale Highway, Portland, OR 97221
1/30
8

$708,000

Sold 02/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,496
Square Feet
0.16
Acres
a view of house with backyard and garden
1/41
9

$650,000

Sold 06/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,659
Square Feet
0.12
Acres

Location

Listing Courtesy of Cascade Hasson Sotheby's International Realty

Sold By Redfin

Add your commute

Building Information for 3411 Southwest US Veterans Hospital Road

Stories1Residences5Year Built1943Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,201 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$931

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3411 Southwest US Veterans Hospital Road

Summary
Location and General Information
  • Country: US
  • Directions: SW US Veterans Hospital Rd/SW 10th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $11,166.40
  • Parcel Number: R247230
  • Tax Legal Description: PORTLAND CITY HMSTD, BLOCK 60, W OF CO ST NO 1101, S 15' OF LOT 3
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Sloped
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1943
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry
  • Foundation Details: Other
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $.00
  • Investor Information: Rent Records
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Security Features: Unknown
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 2309
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Features: Range, Refrigerator
  • Unit Type 1 Rent: $899
  • Unit Type 1 SqFt: 400.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 0
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $850
  • Unit Type 2 SqFt: 400.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Rent: $899
  • Unit Type 3 SqFt: 400.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 0
  • Unit Type 4 Features: Range, Refrigerator
  • Unit Type 4 Rent: $999
  • Unit Type 4 SqFt: 400
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Range, Refrigerator
  • Unit Type 5 Rent: $1,399
  • Unit Type 5 SqFt: 495.0
  • Unit Type 5 Units Total: 1

Property History for 3411 Southwest US Veterans Hospital Road

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Sold (Public Record)

Public Record #1903853674

$250,000
DateEvent & SourcePrice
07/10/2025

Sold (Public Record)

Public Record #1903853674

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3411 Southwest US Veterans Hospital Road

Taxable ValueLand-Additions-Total-
Tax Record2025$10,852 ($904 / month)
Home Facts
Baths5Total Finished SqFt2,095 SqFtAbove Grade Finished SqFt2,095 SqFtStories1Lot Size5,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943Year Renovated1943ZoningR1CountyMULTNOMAHAPNR247230

Schools near 3411 Southwest US Veterans Hospital Road

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Portland Village School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cascade Hasson Sotheby's International Realty

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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 07/11/2025 01:33 PM