$1,700,000

Estimated payment $10,089/month

16 Beds
8 Baths
6,117 Sq Ft
$278 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Lap Siding
  • Heating System Mounted To A Wall or Window
  • Cul-De-Sac

About This Home

Located at the end of a quiet cul de sac, the Garrett Place Apartments provide an opportunity for both a first time investor or a seasoned multifamily owner. Comprised of eight 2-bed 1-bath units with washer and dryer hookups this community is nestled in the heart of Southwest Beaverton with close proximity to shopping, major freeways, and numerous local stores, restaurants, and schools.

Listing Agent

Glenna Cooke

GA Cooke Real Estate Services License #780303551 Listed on: 11/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,764

Year Built

  • Built in 1979

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,117 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Greenway Elementary School
  • Conestoga Middle School
  • Southridge High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R245755

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $43,298
  • Gross Income $135,247
  • Net Operating Income $91,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,764

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 16
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: LapSiding,ShingleSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Greenway
  • High School: Southridge
  • Middle Or Junior School: Conestoga

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17859.0
  • Parcel #: R245755

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 13764.15

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 12.57
  • Annual Gross Income: 135247.0
  • Property Net Operating Income: 91950.0
  • Annual Operating Expense: 43298.0

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $1,700,000 -- $278 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 210104219

Regional Multiple Listing Service (RMLS)