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.
Fantastic opportunity to own a well-maintained, updated duplex just off Macadam Avenue—minutes from downtown Portland, OHSU, and the South Waterfront. Both units are occupied by reliable long-term tenants who value the quiet neighborhood and convenient location, offering immediate, stable income for the next owner.Each unit features its own private yard, updated finishes, and great natural light. The property has been thoughtfully cared for, minimizing maintenance needs and ensuring long-term tenant satisfaction.Centrally located near shopping, coffee shops, parks, and public transportation, this duplex attracts consistent rental demand and strong appreciation potential. A turn-key investment in one of Portland’s most desirable and accessible areas.
This two-unit Queen Anne Victorian home conveniently located near OHSU, the Tram, South Waterfront, and the Gibbs Street Pedestrian Bridge, blends timeless character with modern versatility. The main and upper levels feature a 3-bed, 2-bath residence with soaring ceilings, oversized original windows, and abundant natural light. Period details—fir floors, stained glass, and hand-carved newel posts—anchor the home, while an updated kitchen with stainless appliances adds modern functionality. Generous upstairs bedrooms capture city vistas and peek-a-boo river views. Outdoor living includes a large, partially covered deck and a private fenced courtyard. The ground-level unit, tucked into the mature landscape, offers spacious 1-bed, 1-bath dwelling with a full kitchen, living area, and its own dedicated entry. Whole-home improvements include separate electric meters, a newer sewer line, roof and gutters, and separate laundry facilities for each unit. This property is a rare opportunity for flexible living—whether owner-occupied with rental income, multi-generational living, or investment—in one of Portland’s oldest and most connected neighborhoods.
Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.
Significant price reduction on this updated Johns Landing home with a detatched permitted ADU. The home has been stunningly updated throughout including hardwood floors, floor to ceiling gas fireplace, tile, gourmet kitchen, spa like primary suite, HVAC, tankless water heater,central vac, 9 Energy Score & much more! The main floor has hardwood floors, living room with floor to ceiling gas fireplace, adjacent dining & kitchen complete with granite, tile, peninsula, and stainless appliances. The upper level boosts a primary suite with hard wood floors, sitting area, walk-in closet, tile, granite bath suite with steam shower, heated floors & towel bar, private balcony. You will also find the second bedroom. Lower level is a great opportunitty for more income with large family room, full bathroom, utility room & seperate entrance. The backyard oasis was professionally landscaped with palms, bamboo, stone pavers, stamped concrete, fire pit, planters, water feature, and lighting. The ADU was permitted & built in 2017 and has tremendous long term Airbnb history with over 130 reviews earning north of $24,000 annualy renting part time! All ADU items and furniture included in the purchase. Extra deep double garage with AV outlet can accommodate a boat as well as vehicle parking. The entire property is professionally landscaped with lighting and is fenced and gated. This oasis in the city would cost you thousands more to recreate! Located in Johns Landing thus walkable to shopping, restaurants, and recreational opportunities at nearby Willamette Park. This property is 10 minutes from the city center, with great proximity to transportation including streetcar, tram, Max, bus and freeway access. Near OHSU, Doernbecher, and VA with their 100’s of employees many wanting to rent nearby. Finished lower level with full bath has seperate entrance offering more income potentional.Seller will buy down interest rate. Dont wait for a lower rate. Schedule a tour today.
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room with a fireplace, and a spacious kitchen with an adjacent dining room. The lower level unit has a separate entrance, full kitchen, dining area, laundry room, spacious living room with a fireplace, two bedrooms, and one full bathroom. Recent updates include New paint inside and out, kitchen, appliances, light fixtures, carpet, refinished wood floors, a new furnace, and a mini-split. This home is minutes from restaurants, PSU, and downtown Portland and only a short walk to OHSU and Marquam Nature Park.

Portland is located in Oregon. Portland, Oregon 97239has a population of 647,176. Portland 97239 is less family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon 97239 is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland 97239 is 37.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.