$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](/_next/static/media/portlandLogo.5dbd92e7.png)
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](/_next/static/media/portlandLogo.5dbd92e7.png)
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