Renovated fourplex consisting of (4) 2 bed / 1.5 bath units, plus a separate 1 bed / 1 bath ADU. Below market rents with upside potential to bring utility reimbursements up to market rate as well. The property has been professionally managed and has had major exterior capital expenditures. Ideal for an investor looking to take over operations on a well maintained asset in the center of Aloha. Prime location with strong rental demand and supplies rare to find, townhome-style units. Located less than 2 miles from Aloha High School. Do not disturb tenants.
Last Agent to Sell the Property
RealtyNET, LLC License #200202047 Listed on: 06/10/2024
$1,100,000
Units yielded $79,645 in 2024. Major remodel in 2025. New rents increased to $88,800. New leases running till Summer 2026.. Roof, siding, paving all replaced. Fresh paint in and out. New LVP flooring. New vinyl windows and upgraded kitchens with good quality newer appliances. Each unit has washer/dryer and each has independent fenced backyard. Each unit also has a covered storage area.. Solid
Delia Slattery John L. Scott
$949,500
PRICE REDUCTION!!!This 4-unit property sounds like a fantastic investment opportunity! Here’s a breakdown of what stands out:Location: The fact that it's in a sought-after neighborhood is key. Properties in prime locations tend to appreciate faster and are easier to rent out.Income Potential: With multiple units, especially the 4bd/2ba front unit that functions like a single-family home, you can
Bret Crawford NextHome Realty Connection
$879,000
Just Listed! 4-plex in close-in Beaverton location, directly adjacent to multiple parks and schools. Quick access to many amenities and public transportation. This plex offers three different sized units. One 3bed/1bath. Two 2bed/1bath units and one 1bed/1bath unit, offering flexibility for owner occupied options. Assigned parking spots under carports for each unit. Carport roof and building
Jason Maycumber Redfin
$750,000
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
Jeff Whiting John L. Scott
$919,000
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 Berlinberg Keller Williams Realty Professionals
$1,200,000
Fabulous 4 plex in Raleigh Hills! Minutes from New Season, Beaverton Hillsdale Hwy and Oleson Rd. This 4 plex sits at the end of a culdesac in a secluded park like setting. Secured Gate access. Shared garage spaces with storage. Updates include new roof, all 4 units updated in bathrooms, kitchen and living rooms. This is a property you will be proud to own.
Patti Gage Berkshire Hathaway HomeServices NW Real Estate
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,060,000 | Wfg Title | |
| Bargain Sale Deed | -- | Chicago Title | |
| Warranty Deed | -- | -- | |
| Bargain Sale Deed | -- | Oregon Title Insurance Co | |
| Warranty Deed | $320,000 | Pacific Nw Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | New Conventional | |
| Previous Owner | $476,000 | New Conventional | |
| Previous Owner | $350,000 | Unknown | |
| Previous Owner | $249,000 | New Conventional | |
| Previous Owner | $243,500 | Unknown | |
| Previous Owner | $240,000 | Purchase Money Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $1,060,000 | 0.0% | $283 / Sq Ft |
| 09/05/2024 09/05/24 | Off Market | $1,060,000 | -- | -- |
| 08/05/2024 08/05/24 | Price Changed | $1,075,000 | -4.4% | $287 / Sq Ft |
| 06/10/2024 06/10/24 | For Sale | $1,125,000 | -- | $300 / Sq Ft |
| 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 | $6,932 | $382,760 | -- | -- |
| 2024 | $6,509 | $371,620 | -- | -- |
| 2023 | $6,509 | $360,800 | $0 | $0 |
| 2022 | $6,298 | $360,800 | $0 | $0 |
| 2021 | $6,071 | $340,100 | $0 | $0 |
| 2020 | $5,888 | $330,200 | $0 | $0 |
| 2019 | $5,696 | $320,590 | $0 | $0 |
| 2018 | $5,510 | $311,260 | $0 | $0 |
| 2017 | $5,312 | $302,200 | $0 | $0 |
| 2016 | $5,122 | $293,400 | $0 | $0 |
| 2015 | $4,925 | $284,860 | $0 | $0 |
| 2014 | $4,826 | $276,570 | $0 | $0 |
Seller's Agent in 2024
Greg Messick
RealtyNET, LLC
(503) 300-6330
7 in this area
877 Total Sales
O
Buyer's Agent in 2024
OR and WA Non Rmls
Non Rmls Broker
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24503191
APN: R0045472
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