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.
Sold
$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
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#: 24467007

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