NOT LISTED FOR SALE

177 SE 5th Ave Hillsboro, OR 97123

Central Hillsboro Neighborhood
3 Beds
2 Baths
9,750 Sq Ft
1973 Built

Last Sold August 19, 2021

Last sale price $2,290,000 $235 Per Sq Ft

88 Days on Market

Highlights

  • Corner Lot
  • 2-minute walk to Hillsboro Central/Se 3Rd Transit Center
  • 1-Story Property
  • Washer and Dryer

About This Home

As of August 2021

The Talisman Apts are in the high demand sub-market of Hillsboro, with a central location near public transit & walking distance to many amenities. Improvements in recent years include new roofing, exterior paint, vinyl windows, & many interior upgrades at turnovers. A new owner benefits from a very low vacancy sub-market with strong in place operations, & additional upside in the rents by bringing all units up to market levels. Opportunity to invest in one of the most in-demand housing markets.

Last Listed By

Phillip Barry

Joseph Bernard LLC License #200807134 Listed on: 02/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 14 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 9750
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Existing
  • Remarks Public: The Talisman Apts are in the high demand sub-market of Hillsboro, with a central location near public transit & walking distance to many amenities. Improvements in recent years include new roofing, exterior paint, vinyl windows, & many interior upgrades at turnovers. A new owner benefits from a very low vacancy sub-market with strong in place operations, & additional upside in the rents by bringing all units up to market levels. Opportunity to invest in one of the most in-demand housing markets.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HILLSBORO, BLOCK 20, LOT PT 5, ACRES .28
  • Basement: None

Exterior Features

  • Exterior Description: Block
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Flat
  • Foundation Details: Slab

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Lincoln
  • Middle School: Evergreen
  • High School: Glencoe

Lot Info

  • Lot Description: Corner Lot
  • Zoning: SCC-DT

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 10892.92
  • Assessor Parcel Number: R0703876
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 14
  • Gross Rent Multiplier: 12.58

MLS Schools

  • Elementary School: Lincoln
  • High School: Glencoe
  • Middle School: Evergreen

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
08/19/2021 08/19/21 Sold $2,290,000 -0.2% $235 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $2,295,000 -2.3% $235 / Sq Ft
03/12/2021 03/12/21 For Sale $2,350,000 0.0% $241 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $2,350,000 -- $241 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Phillip Barry

    Joseph Bernard LLC

  • Will Wright

    Buyer's Agent in 2021

    Will Wright

    Wright Commercial LLC

    (503) 318-1926

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21030769

Regional Multiple Listing Service (RMLS)

Oregon Washington County Hillsboro 97123 Central Hillsboro

177 SE 5th Ave, Hillsboro, OR

Homes for Sale in Hillsboro, OR

This home is located at 177 SE 5th Ave, Hillsboro, OR 97123 since 25 February 2021. This property was built in 1973. 177 SE 5th Ave is a home located in Washington County with nearby schools including Lincoln Street Elementary School, Evergreen Jr High School, and Glencoe High School.

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.

Regional Multiple Listing Service (RMLS) 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.

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