1129 SW GAINES ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97239
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