Bought with Oregon First
$1,060,000
$1,100,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
3,952 SqFt
SOLD DATE : 10/14/2025
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,952 sqft
Price per Sqft $268
MLS Listing ID 289838249
Sold Date 10/14/25
HOA Y/N No
Year Built 1971
Annual Tax Amount $6,611
Tax Year 2024
Lot Size 0.290 Acres
Property Description
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 location with ample parking and easy access to public transportation. Property included a large storage room currently unleased but added potential. A great property and a wonderful investment. Projected gross income is what is currently being received after remodel. Lovely granite white kitchens. .Showings upon accepted offer ONLY. Tenants must NOT be disturbed
Location
State OR
County Washington
Area _150
Zoning redid
Rooms
Basement Crawl Space
Interior
Heating Zoned
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Beaver Acres
Middle Schools Meadow Park
High Schools Aloha
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224