$899,000
$50K PRICE DROP

Estimated payment $5,323/month

Total Views 1,947
2 Beds
1 Bath
2,720 Sq Ft
$331 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Corner Lot
  • 1-Story Property
  • 0.23 Acre Lot
  • Heating System Mounted To A Wall or Window

About This Home

Rare opportunity to acquire a well-maintained, fully leased fourplex in the heart of Beaverton. This single-level property features (4) 2-bedroom, 1-bath units - each with private entrances, original hardwood floors, granite countertops, off-street parking, and shared yard space. The layout includes a central breezeway separating the units into pairs, giving each unit only one shared wall and no neighbors above - creating quieter, more private living that tenants appreciate. Recent capital improvements include: new roof (2022), new Cascade windows (2017), new main water line and repipe to copper/PEX (2023), full sewer line replacement to PVC, all-new water heaters (2023-2024), and interior + bathroom updates in all four units. This is a clean, low-maintenance asset. Located just blocks from the Beaverton Library, Farmers Market, restaurants, grocery, parks, and public transit. Highly walkable area with major infrastructure and community investments transforming the neighborhood into one of the most vibrant hubs in the city. Strong in-place income, minimal deferred maintenance, and rarely available product in a core location. A smart long-term hold in a supply-constrained market.

Listing Agent

omid ali

Pellego, LLC Brokerage Phone: 971-227-0434 License #201226551 Listed on: 08/22/2025

Pellego, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 10,018 Sq Ft Lot
  • Corner Lot
  • Level Lot

Property Views

  • Woods
  • Seasonal

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Raleigh Hills Elementary School
  • Whitford Middle School
  • Beaverton High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number R117803

Community Details

Overview

  • 4 Units
  • Central Beaverton Subdivision

Building Details

  • Operating Expense $14,840
  • Gross Income $72,000
  • Net Operating Income $57,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,676

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1959
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 2
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Seasonal,TreesWoods

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Raleigh Hills
  • High School: Beaverton
  • Middle Or Junior School: Whitford

Lot Info

  • Zoning: RC-OT
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R117803

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6676.27

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.49
  • Annual Gross Income: 72000.0
  • Property Net Operating Income: 57160.0
  • Annual Operating Expense: 14840.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,676 $316,430 -- --
2024 $6,304 $307,220 -- --
2023 $6,304 $298,280 $0 $0
2022 $6,033 $298,280 $0 $0
2021 $5,822 $281,170 $0 $0
2020 $5,645 $272,990 $0 $0
2019 $5,466 $265,040 $0 $0
2018 $5,292 $257,330 $0 $0
2017 $5,095 $249,840 $0 $0
2016 $4,917 $242,570 $0 $0
2015 $4,734 $235,510 $0 $0
2014 $4,634 $228,660 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2025 10/05/25 Price Changed $899,000 -5.3% $331 / Sq Ft
08/22/2025 08/22/25 For Sale $949,000 -- $349 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Ticor Title Company Of Or
Warranty Deed $300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $225,000 Unknown
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 691129200

Regional Multiple Listing Service (RMLS)

APN: R0117803