Portland, OR 97239,1129 SW GAINES ST
Portland, OR 97239,1129 SW GAINES ST
Portland, OR 97239,1129 SW GAINES ST
Portland, OR 97239,1129 SW GAINES ST
Portland, OR 97239,1129 SW GAINES ST
Portland, OR 97239,1129 SW GAINES ST
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Listed by RealtyNET, LLC
$ 2,400,000
Est. payment | /mo

8,472 SqFt


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$ 2,400,000
Est. payment | /mo
Save

8,472 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,472 sqft

Price per Sqft $283

MLS Listing ID 136481066

HOA Y/N No

Year Built 1999

Annual Tax Amount $31,953

Tax Year 2025

Lot Size 10,454 Sqft

Property Description

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.

Location

State OR

County Multnomah

Community Alllandscaping

Area _148

Zoning R1

Rooms

Basement Partially Finished

Interior

Heating Wall Furnace

Cooling Wall Unit

Exterior

Community Features AllLandscaping

View Park Greenbelt, Territorial, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Secluded

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Ted Tanner
Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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1129 SW GAINES ST