11895 SW 3rd St Beaverton, OR 97005
Downtown Beaverton NeighborhoodEstimated payment $5,323/month
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
Pellego, LLC Brokerage Phone: 971-227-0434 License #201226551 Listed on: 08/22/2025

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
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 | $6,676 | $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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $480,000 | Ticor Title Company Of Or | |
Warranty Deed | $300,000 | Chicago Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $360,000 | New Conventional | |
Previous Owner | $225,000 | Unknown |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 691129200

APN: R0117803
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