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  • $1,995,000

    5550 SW Beaverton Hillsdale Hwy, Portland, OR 97221

    19beds
    8,616sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $1,979,400 Zestimate®
    $232/sqft
    $-- HOA

    What's special

    This updated 100% occupied 8 plex (built in 1986-87) comes with a 1800sf, 3-bedroom, 2-bath ranch house on a .45-acre lot. Grocery shopping and restaurants are just across the street & it's next to easy bus transportation. There is so much opportunity for increased rental income: a family member occupies the house so currently no rent has been collected there but could easily rent for $3,300 a month which would increase the Cap rate to over 6%. It features a full unfinished basement with full bath or another multi-plex could be built in place of the ranch house giving you many more units and income.

    Zillow last checked: 7 hours ago

    Listing updated: September 10, 2024 at 09:18am

    Listed by:

    Kirt Dye 503-896-1085,

    John L. Scott

    Bought with:

    Kirt Dye, 200011001

    John L. Scott

    Source: RMLS (OR),MLS#: 24467007MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Forced Air, Zoned, Fireplace(s)
    Appliances
    • Included: Dishwasher, Washer/Dryer, Range, Refrigerator, Electric Water Heater, Tank Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    • Basement: Full,Storage Space
    Interior area
    • Total structure area: 8,616
    • Total interior livable area: 8,616 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Assigned, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.45 Acres
    • Features: SqFt 15000 to 19999
    Details
    • Parcel number: R111058
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Cedar, Lap Siding, Tongue and Groove
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1950

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Portland
    • Subdivision: 5550-5564

    HOA & financial

    Other financial information
    • Total actual rent: 11400

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete, Paved
    Services availability
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    Estimated market value

    $1,979,400