$1,500,000

1112 E Main St Hillsboro, OR 97123

Central Hillsboro Neighborhood

Estimated payment $8,681/month

Total Views 1,838
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • 2-minute walk to Washington/Se 12Th Avenue
  • Property is near a bus stop
  • No HOA
  • Security System Owned
  • Landscaped

About This Home

Prime 7-Unit Multifamily Investment Opportunity. Discover a well-maintained and recently upgraded 7-unit apartment complex in the heart of Hillsboro. This property offers both convenience and long-term value for investors seeking stable income and future growth.Recent Renovations: Extensive updates within the last 3 years, including a new roof, interior remodeling, and exterior improvements that enhance curb appeal and tenant satisfaction.Seven spacious units with functional layouts, updated finishes, and strong rental demand.Situated on E Main St with easy access to MAX light rail, bus lines, and major commuter routes—ideal for tenants who value connectivity.Close to downtown Hillsboro, shopping centers, restaurants, parks, and employment hubs.With recent capital improvements already completed, this property is positioned for minimal upkeep and solid cash flow.Whether you're expanding your portfolio or entering the multifamily market, 1112 E Main St offers a turnkey opportunity in one of Washington County’s most dynamic rental corridors.

Listing Agent

Edvin de Leon

Oregon First License #200703001 Listed on: 07/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Stem Wall Foundation
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Home Security

  • Security System Owned
  • Security Lights

Parking

  • 15 Parking Spaces
  • Driveway
  • Assigned Parking

Location

  • Property is near a bus stop

Schools

  • Eastwood Elementary School
  • South Meadows Middle School
  • Glencoe High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R709264

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $211,352
  • Gross Income $126,840
  • Net Operating Income $105,345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,292

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 9
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter, StemWall
  • View: No
  • Lot Features: Level, LightRail, OnBusline
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 15.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecurityLights, SecuritySystemOwned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping
  • Association: No

Schools

  • Elementary School: Eastwood
  • High School: Glencoe
  • Middle Or Junior School: South Meadows

Lot Info

  • Zoning: Multi
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166.0
  • Parcel #: R709264

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6291.55
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 11.83
  • Annual Gross Income: 126840.0
  • Property Net Operating Income: 105345.0
  • Annual Operating Expense: 211352.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $1,500,000 +200.0% --
12/07/2012 12/07/12 Sold $499,999 -4.8% $119 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $525,000 -- $125 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 318029247

Regional Multiple Listing Service (RMLS)
Oregon Washington County Hillsboro 97123 Central Hillsboro

1112 E Main St, Hillsboro, OR

This home is located at 1112 E Main St, Hillsboro, OR 97123 and is currently priced at $1,500,000. This property was built in 1980. 1112 E Main St is a home located in Washington County with nearby schools including Lincoln Street Elementary School, Evergreen Jr High School, and Glencoe High School.

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Nearby Homes
Edvin de Leon
Listing Agent
Edvin de Leon
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Oregon First
(503) 664-7459