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.
Active
$2,400,000
1129 SW Gaines St, Portland, OR 97239
16beds
8,472sqft
Est.:
Multi Family
Built in 1999
-- sqft lot
$-- Zestimate®
$283/sqft
$-- HOA
What's special
Private patio or balcony
- 24 days |
- 383 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 09:33am
Listed by:
Greg Messick 503-300-6330,
RealtyNET, LLC
Source: RMLS (OR),MLS#: 136481066
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Wall Furnace
Cooling
- Wall Unit(s), Air Conditioning
Appliances
- Included: Dishwasher, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Flooring: Wood
- Basement: Partially Finished
Interior area
- Total structure area: 8,472
- Total interior livable area: 8,472 sqft
Property
Parking
- Total spaces: 8
- Parking features: Covered
Features
- Stories: 2
- Has view: Yes
- View description: Park/Greenbelt, Territorial, Trees/Woods
Lot
- Size: 10,454.4 Square Feet
- Features: Secluded, SqFt 10000 to 14999
Details
- Parcel number: R247178
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: All Landscaping
- Security: Entry
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $283/sqft
- Annual tax amount: $31,953
- Date on market: 11/20/2025
- Listing terms: Cash
- Total actual rent: 15064
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Listed for sale | $2,400,000+38.3%$283/sqft |
Source: | ||
| 4/23/2017 | Listing removed | $1,750 |
Source: Parker Realty Report a problem | ||
| 4/8/2017 | Price change | $1,750+12.9% |
Source: Parker Realty Report a problem | ||
| 3/7/2017 | Listed for rent | $1,550+3.3% |
Source: Parker Realty Report a problem | ||
| 8/11/2015 | Listing removed | $1,500 |
Source: Parker Realty Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$12,046/mo
Principal & interest
$9306
Property taxes
$1900
Home insurance
$840
Climate risks
Neighborhood: Homestead
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading







