$1,075,000
PENDING

Estimated payment $6,544/month

Total Views 357
9 Beds
8 Baths
4,126 Sq Ft
$261 Price per Sq Ft

Highlights

  • Corner Lot
  • Storage
  • Baseboard Heating
  • Rock Creek Elementary School Rated A-
  • Landscaped
  • 4 Car Garage

About This Home

This is a rare opportunity to own a four-plex in the Rock Creek/Westview High School area. This property has a single one level unit with three bedrooms and two full bath rooms. There are also three two level town house style units with a half bath on the main level and full bathroom on the second level. Each of the four units have a garage, parking space, fireplace and a fenced back yard with a patio. This property is in unincorporated Washington County with low property taxes and the additional City of Portland/Multnomah county taxes are not applicable making this four-plex more profitable. The property is professionally managed and is 100% occupied. Lots of upside potential with the long term tenants. Newer roof and exterior paint. Listing broker is the daughter of the owner. Owner requests no sign on the property. Showings with accepted offer and proof of funds and/or loan pre-approval. Do not walk or drive on the property without prior owner approval. Please email or text for additional information.

Listing Agent

Susan Wolfe

Portland Realty Co. Brokerage Phone: 503-740-5911 License #890500274 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,246

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,126 Sq Ft Home
  • 2-Story Property
  • Storage
  • Crawl Space

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Schools

  • Rock Creek Elementary School
  • Five Oaks Middle School
  • Westview High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R676744

Community Details

Overview

  • 4 Units
  • Rock Creek Subdivision

Building Details

  • Operating Expense $24,236
  • Gross Income $80,940
  • Net Operating Income $56,704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,246

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 9
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping

Schools

  • Elementary School: Rock Creek
  • High School: Westview
  • Middle Or Junior School: Five Oaks

Lot Info

  • Zoning: R15
  • Lot Size Acres: 0.33
  • Lot Size: Irregular-see plat
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R676744

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8245.85
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.28
  • Annual Gross Income: 80940.0
  • Property Net Operating Income: 56704.0
  • Annual Operating Expense: 24236.0

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

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 $8,246 $451,210 -- --
2024 $7,741 $438,070 -- --
2023 $7,741 $425,320 $0 $0
2022 $7,486 $425,320 $0 $0
2021 $7,216 $400,920 $0 $0
2020 $6,997 $389,250 $0 $0
2019 $6,757 $377,920 $0 $0
2018 $6,536 $366,920 $0 $0
2017 $6,301 $356,240 $0 $0
2016 $6,076 $345,870 $0 $0
2015 $5,795 $335,800 $0 $0
2014 $5,616 $326,020 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $1,075,000 -- $261 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $254,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,200 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 278625562

Regional Multiple Listing Service (RMLS)

APN: R0676744