11845 SW 5th St Beaverton, OR 97005
Downtown Beaverton NeighborhoodEstimated payment $4,875/month
Highlights
- 0.25 Acre Lot
- Baseboard Heating
- 1-Story Property
- Storage
About This Home
This 4-unit multi-family property located in a prime location is a fantastic investment opportunity with long term tenants providing immediate rental income. This property boasts upside potential for the savvy investor with a value-add opportunity with strategic improvements to increase both rents and overall property value. Each unit has an off-street parking space and is conveniently located near mass transit and shopping. This is an ideal opportunity for a non-owner or owner occupant investor to secure a property with stable cash flow and the potential for significant future appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,952
Year Built
- Built in 1957
Lot Details
- 0.25 Acre Lot
Home Design
- Composition Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 3,156 Sq Ft Home
- 1-Story Property
- Storage
- Crawl Space
Parking
- 4 Parking Spaces
- Driveway
- On-Street Parking
Schools
- Raleigh Hills Elementary School
- Whitford Middle School
- Beaverton High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R118214
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $18,087
- Gross Income $41,640
- Net Operating Income $23,553
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,952 | $329,490 | -- | -- |
| 2024 | $6,564 | $319,900 | -- | -- |
| 2023 | $6,564 | $310,590 | $0 | $0 |
| 2022 | $6,282 | $310,590 | $0 | $0 |
| 2021 | $6,062 | $292,770 | $0 | $0 |
| 2020 | $5,878 | $284,250 | $0 | $0 |
| 2019 | $5,692 | $275,980 | $0 | $0 |
| 2018 | $5,511 | $267,950 | $0 | $0 |
| 2017 | $5,305 | $260,150 | $0 | $0 |
| 2016 | $5,120 | $252,580 | $0 | $0 |
| 2015 | $4,930 | $245,230 | $0 | $0 |
| 2014 | $4,825 | $238,090 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Price Changed | $775,000 | -11.4% | $246 / Sq Ft |
| 02/02/2025 02/02/25 | For Sale | $874,900 | 0.0% | $277 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $874,900 | -- | $277 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | Lawyers Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,000 | New Conventional | |
| Closed | $157,000 | Fannie Mae Freddie Mac | |
| Closed | $150,000 | Stand Alone First |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24013150
APN: R0118214
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X 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 web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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