4355 Riverview Ave West Linn, OR 97068
Sunset NeighborhoodEstimated payment $13,775/month
Highlights
- Seasonal Waterfront
- River View
- Outdoor Storage
- Sunset Primary School Rated A
- 1.02 Acre Lot
- Landscaped
About This Home
Riverview Heights presents a rare opportunity to acquire a 10-unitresidential income property in one of the Portland Metro’s most desirable and supply-constrained communities. West Linn’s constrained geography, top-rated schools, and consistent demand make it an exceptionally difficult market to replicate entry into.The property’s most distinctive feature is its six separate tax lots, a structural advantage unavailable in conventional multifamily product. Units can be sold individually over time, repositioned as owner-occupied housing, or transferred as part of estate and succession planning, giving investors a built-in exit strategy that adds long-term optionality to near-term cash flow.Each residence offers 3 bedrooms, 1.5 baths, private yards and decks, in-unit washer/dryer hookups, and dedicated parking — a combination that attracts stable, long-term tenants and supports below-market turnover. The uniform floor plan across all ten units keeps operations simple and management efficient.With immediate access to I-205 and SR-43, residents enjoy seamless connectivity to Lake Oswego, downtown Portland, and the broader South Metro. Riverview Heights is the kind of asset that rarely trades: quality housing in a premier submarket, with the flexibility to hold for income, sell units individually, or transfer wealth to the next generation, entirely on your terms.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,263
Year Built
- Built in 1972 | Remodeled
Lot Details
- 1.02 Acre Lot
- Seasonal Waterfront
- River Front
- Landscaped
- Gentle Sloping Lot
Property Views
- River
- Mountain
Home Design
- Flat Roof Shape
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 13,500 Sq Ft Home
- 3-Story Property
- Natural lighting in basement
- Security Lights
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 20 Parking Spaces
- Assigned Parking
Outdoor Features
- Outdoor Storage
Schools
- Sunset Elementary School
- Rosemont Ridge Middle School
- West Linn High School
Utilities
- No Cooling
- Heating System Uses Gas
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 00413948
Community Details
Overview
- 10 Units
Building Details
- Operating Expense $86,247
- Gross Income $255,300
- Net Operating Income $156,288
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $453 | $453 | |
| 2024 | $19 | $1,003 | ||
| 2023 | $19 | $974 | $0 | $0 |
| 2022 | $18 | $946 | $0 | $0 |
| 2021 | $17 | $919 | $0 | $0 |
| 2020 | $17 | $893 | $0 | $0 |
| 2019 | $17 | $867 | $0 | $0 |
| 2018 | $16 | $842 | $0 | $0 |
| 2017 | $15 | $817 | $0 | $0 |
| 2016 | $15 | $793 | $0 | $0 |
| 2015 | $14 | $770 | $0 | $0 |
| 2014 | $14 | $748 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $2,500,000 | 0.0% | $185 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $2,200 | +11.4% | $2 / Sq Ft |
| 03/21/2024 03/21/24 | For Rent | $1,975 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,900,000 | Wfg Title | |
| Warranty Deed | $1,270,000 | Wfg Title | |
| Warranty Deed | $157,000 | Ticor Title Insurance |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Commercial | |
| Previous Owner | $937,500 | Construction | |
| Previous Owner | $125,600 | Commercial |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 440162462
APN: 00413993
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