2724 N Davis Ct Cornelius, OR 97113
Estimated payment $4,094/month
Highlights
- Storage
- Level Lot
- 1-Story Property
- Baseboard Heating
About This Home
Solid Four Plex Investment in a Great Cornelius Location with a cap rate of over 6.5%. Excellent investment opportunity in the heart of Cornelius. This solid four plex offers four single level units, with newer flooring in three of them. The property has received fresh exterior paint in November 2025 and features on site parking and individual storage for tenants. Each unit provides comfortable living space and reliable rental potential, making this a strong income producing asset. Situated in a convenient Cornelius location, residents enjoy easy access to nearby shopping, dining, parks, and major commuter routes. Whether you are expanding your portfolio or seeking a great property with long term upside, this four plex is a great addition to any investor’s holdings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,254
Year Built
- Built in 1977
Lot Details
- Level Lot
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,312 Sq Ft Home
- 1-Story Property
- Storage
- Crawl Space
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Driveway
- Assigned Parking
Schools
- Free Orchards Elementary School
- Evergreen Middle School
- Glencoe High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R756113
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $13,654
- Gross Income $59,100
- Net Operating Income $45,446
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $5,235 | $328,710 | -- | -- |
| 2025 | $5,235 | $319,140 | -- | -- |
| 2024 | $4,793 | $309,850 | -- | -- |
| 2023 | $4,793 | $300,830 | $0 | $0 |
| 2022 | $4,663 | $300,830 | $0 | $0 |
| 2021 | $4,572 | $283,570 | $0 | $0 |
| 2020 | $4,476 | $275,320 | $0 | $0 |
| 2019 | $4,347 | $267,310 | $0 | $0 |
| 2018 | $4,158 | $259,530 | $0 | $0 |
| 2017 | $4,005 | $251,980 | $0 | $0 |
| 2016 | $3,896 | $244,650 | $0 | $0 |
| 2015 | $3,737 | $237,530 | $0 | $0 |
| 2014 | $3,608 | $230,620 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Pending | -- | -- | -- |
| 11/21/2025 11/21/25 | For Sale | $695,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 788446709
APN: R0756113
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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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