Seller's Agent in 2025
Jeff Whiting
John L. Scott
(503) 645-7433
1 in this area
146 Total Sales
11845 SW 5th St Beaverton, OR 97005
Downtown Beaverton Neighborhood
8
Beds
4
Baths
3,156
Sq Ft
0.25
Acres
Highlights
- 0.25 Acre Lot
- Baseboard Heating
- 1-Story Property
- Storage
About This Home
As of October 2025This 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
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
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
- Rent includes ground maintenance, sewer, trashcollection, water
- Assessor Parcel Number R118214
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $18,087
- Gross Income $41,640
- Net Operating Income $23,553
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 8, 2025
Sold by
Kelly Christopher B and Kelly Jill A
Bought by
Rios Pedro Zarate
Seller's Agent
Jeff Whiting
John L. Scott
Buyer's Agent
Emilio Fontana
Premiere Property Group, LLC
List Price
$874,900
Sold Price
$700,000
Premium/Discount to List
-$174,900
-19.99%
Views
209
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$630,000
Outstanding Balance
$630,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$73,623
Purchase Details
Closed on
Sep 24, 2004
Sold by
Rehabilitation Investors Inc
Bought by
Kelly Christopher and Kelly Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8%
Mortgage Type
Stand Alone First
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | None Listed On Document | |
| Warranty Deed | $200,000 | Lawyers Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $630,000 | New Conventional | |
| Previous Owner | $150,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $700,000 | -6.7% | $222 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | Price Changed | $750,000 | -3.2% | $238 / Sq Ft |
| 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 |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Whiting
-
Emilio Fontana
Buyer's Agent in 2025
Emilio Fontana
Premiere Property Group, LLC
(503) 793-2612
1 in this area
77 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24013150
APN: R0118214
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 11925 SW 7th St
- 11895 SW 3rd St
- 11755 SW 9th St
- 5655 SW Lombard Ave
- 11870 SW 13th St
- 5325 SW Watson Ave
- 5405 SW Watson Ave
- 11775 SW Allen Blvd
- 5020 SW Main Ave
- 12770 SW 3rd St
- 6225 SW Mad Hatter Ln
- 6175 SW Alice Ln
- 6240 SW Lombard Ave
- 11658 SW Iron Horse Ln Unit B10
- 5134 SW Erickson Ave Unit E28
- 6160 SW Alice Ln Unit 203B
- 6160 SW Hall Blvd
- 12600 SW Crescent St Unit 207
- 12600 SW Crescent St Unit 219
- 12600 SW Crescent St Unit 206