$250,000
SOLD JUL 11, 2025

3411 SW Us Veterans Hospital Rd Portland, OR 97239

Council Crest Neighborhood
1 Bed
5 Baths
2,309 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Ainsworth Elementary School Rated A-
  • Laundry Facilities
  • 1-Story Property

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Matt Murray

Cascade Hasson Sotheby's International Realty License #201244271 Listed on: 06/26/2025

Cascade Hasson Sotheby's International Realty

Co-Listed By

Kris Kachirisky

Cascade Hasson Sotheby's International Realty License #201218015

Last Buyer's Agent

Corey Kennedy

Redfin License #201237727

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 1-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 1 Bedroom
  • 5 Bathrooms

Schools

  • Ainsworth Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R247230

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Homestead/Marquam Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1943
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry
  • Total Bedrooms: 1
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Other
  • View: No
  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: RM3
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R247230

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11166.4
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $250,000 0.0% $108 / Sq Ft
07/04/2025 07/04/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $250,000 -- $108 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 358980332

Regional Multiple Listing Service (RMLS)