tomo logo

$1,995,000

Beds
5
sq ft
8,616

5550 SW Beaverton Hillsdale Hwy, Portland, OR 97221

5550 SW Beaverton Hillsdale Hwy

Portland, OR 97221

  • 35 days on market
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 right 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.

Details

Property type

Lot size

0.45 acres

Price per sq ft

$232

Year built

1950

Annual property taxes

$22,228.1

Price History

06/12/2024
PortlandOR

PortlandOR #24467007

Listed
$1,995,000

Schools & Community

Neighborhood: 

Hayhurst

Elementary school: 

Unknown

Middle school: 

Robert Gray

High school: 

Ida B Wells

Status: Active

Tomo last checked: 07/17/2024 at 2:15 AM

Listing updated: 06/19/2024 at 7:44 AM

Listed by: Kirt Dye, John L. Scott Phone #: (503) 624-2900

MLS: PortlandOR #24467007

PortlandOR logo

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