Great location, near Washington Sq Mall & Conestoga Middle School. Great investment, very good condition, 2 bd, 1 bath, with decks, fireplace and laundry. 6 parking spaces & plenty on street parking. 2 units have large back yards. New roof & sewer line in 2015. Units are well kept, with washer/dryers in units. Close to shopping, Whole Foods & bus line. Do Not Disturb tenants, Leases in place & need to be withheld until end of lease.
Keller Williams Sunset CorridorLicense #200911073Listed on: 07/08/2017
Last Buyer's Agent
Sharra Winecoff
Keller Williams Premier PartnersLicense #201216397
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,458
Year Built
Built in 1978 | Remodeled
Lot Details
10,454
Parking
Assigned Parking
Home Design
Vinyl Siding
Interior Spaces
2-Story Property
Storage
Crawl Space
Additional Features
Outdoor Storage
Level Lot
Electric Water Heater
Community Details
4 Units
Property managed by Kevin Rhea
Listing and Financial Details
Rent includes trash collection, sewer, water
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,458
Year Built
Built in 1978 | Remodeled
Lot Details
0
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 3072
Stories: 2
Year Built: 1978
Property Condition: Updated/Remodeled
Remarks Public: Great location, near Washington Sq Mall & Conestoga Middle School. Great investment, very good condition, 2 bd, 1 bath, with decks, fireplace and laundry. 6 parking spaces & plenty on street parking. 2 units have large back yards. New roof & sewer line in 2015. Units are well kept, with washer/dryers in units. Close to shopping, Whole Foods & bus line. Do Not Disturb tenants, Leases in place & need to be withheld until end of lease.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: GREENWAY NO.7, BLOCK 19, LOT 18, ACRES .24
Basement: Crawl Space
Storage: Attached, Deck
Exterior Features
Exterior Description: Vinyl Siding
Lot Size: 10,000 to 14,999 SqFt
Garage/Parking
Parking Description: Assigned
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Baseboard
Condo/Co-op/Association
Management Name: Kevin Rhea
Management Phone: 503-475-5906
Schools
Elementary School: Greenway
Middle School: Conestoga
High School: Southridge
Lot Info
Lot Description: Level
Zoning: r2
Rental Info
Rent Includes: Trash Collection, Sewer, Water
Tax Info
Tax Amount: 6228.68
Assessor Parcel Number: R0245764
Multi Family
Unit Type: 1, 2, 3, 4
Number Of Units Total: 4
Gross Rent Multiplier: 12.73
MLS Schools
Elementary School: Greenway
High School: Southridge
Middle School: Conestoga
Ownership History
DateNameOwned ForOwner Type
Aug 2017 - PresentViel Jonathan7 Years and 10 Months
Private Individual
Purchase Details
Listed on
Jul 8, 2017
Closed on
Aug 18, 2017
Sold by
Rhea Debra and Rhea Kevin
Bought by
Viel Jonathan
Seller's Agent
Debra Rhea
Keller Williams Sunset Corridor
Buyer's Agent
Sharra Winecoff
Keller Williams Premier Partners
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Total Days on Market
4
Current Estimated Value
$840,767
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,767
Avg. Annual Appreciation
4.92%
Original Mortgage
$460,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Oct 2015 - Aug 2017Rhea Debra and Rhea Kevin1 Year and 10 Months
Private Individual
Purchase Details
Listed on
Aug 14, 2015
Closed on
Oct 17, 2015
Sold by
Slocum Beverly and Slocum Merrill W
Bought by
Rhea Debra and Rhea Kevin
Seller's Agent
Rob Levy
Keller Williams Realty Professionals
Buyer's Agent
Debra Rhea
Keller Williams Sunset Corridor
List Price
$439,000
Sold Price
$431,900
Premium/Discount to List
-$7,100
-1.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$318,750
Interest Rate
3.85%
Mortgage Type
New Conventional
Jan 2008 - Oct 2015Slocum Merrill W and Slocum Beverly7 Years and 9 Months
Private Individual
Purchase Details
Closed on
Jan 23, 2008
Sold by
Cole David and Foster Cole Robin
Bought by
Slocum Merrill W and Slocum Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Jul 2005 - Jan 2008Cole David and Foster Cole Robin2 Years and 6 Months
Private Individual
Purchase Details
Closed on
Jul 22, 2005
Sold by
Momeni Moji
Bought by
Cole David and Foster Cole Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
5.46%
Mortgage Type
Stand Alone Second
Dec 2004 - Jul 2005Momeni Moji7 Months
Private Individual
Purchase Details
Closed on
Dec 10, 2004
Sold by
Yin Kwok Daniel Wai Ming and Yin Kwok Adeline Yuk
Bought by
Momeni Moji
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Consistently producing four-plex in desirable Greenway neighborhood in Beaverton. Stable, long term tenants in place since 2005, 2011, 2015 and 2016 paying $73,920 combined annual rent. Net income in 2024 of $41,800 is before $520 per month combined rent increase, which took effect March 1, 2025, yielding an additional $6,240 in gross income per year. Each unit has its own deck, dedicated parking
Andrew BerlinbergKeller Williams Realty Professionals
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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
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 12185 SW Gingham Ln, Beaverton, OR 97008 since 08 July 2017 and is currently estimated at $840,767, approximately $273 per square foot. This property was built in 1978. 12185 SW Gingham Ln is a home located in Washington County with nearby schools including Greenway Elementary School, Conestoga Middle School, and Southridge High School.
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