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$2,400,000
2 Days On Site

1129 SW GAINES ST
Portland, OR 97239

For Sale|Multi Family|Active
2
Beds
1
Total Bath
8,472
SqFt
$283
/SqFt
1999
Built
County:
Multnomah
Listing courtesy of Greg Messick of RealtyNET, LLC 5033006330

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1129 SW GAINES ST1129 SW GAINES ST1129 SW GAINES ST1129 SW GAINES ST
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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.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
2 Days
Bedrooms 
2
Inside Area (SqFt) 
8,472 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1999
MLS® Number 
136481066
Status 
Active
Property Tax 
$31,953.95
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.24
Disclosures 
Disclosure
Foundation 
Concrete Perimeter
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
8472
Water Source 
Public
Zoning 
R1
Interior Features
Basement 
Partially Finished
Cooling 
Wall Unit(s)
Heating 
Wall Furnace
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Exterior Features
Lot Features 
Secluded
Roof 
Composition
Community Features
Financing Terms Available 
Cash
MLS Area 
_148
Roads 
Paved
Schools
School District
Unknown
Elementary School
Ainsworth
Middle School
West Sylvan
High School
Lincoln
Listing courtesy of Greg Messick of RealtyNET, LLC 5033006330



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-11-21 08:15 PM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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