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Merlo Road Four Plex 17165 SW Merlo Rd 4 Unit Apartment Building $1,175,000 ($293,750/Unit) 5.56% Cap Rate Beaverton, OR 97003
Investment Highlights
- Large well kept units
- Washer and Dryers in each Unit
- Lots of street parking as well
- Newer roof and exterior paint within the past two years
- Two off street parking spots per unit
- Each unit has has a fenced yard and patio
Executive Summary
Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Three units are townhome style and one unit is a one level. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,175,000 | Apartment Style | Low-Rise |
| Price Per Unit | $293,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.56% | Building Size | 4,504 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1975/2015 |
| Zoning | R-9 - City of Beaverton R9 zoning | ||
| Price | $1,175,000 |
| Price Per Unit | $293,750 |
| Sale Type | Investment |
| Cap Rate | 5.56% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,504 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2015 |
| Zoning | R-9 - City of Beaverton R9 zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | $1,600 | - |
| 3+1.5 | 2 | $2,000 | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R0042313 | Total Assessment | $470,460 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2026 |
Property Taxes
Parcel Number
R0042313
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$470,460
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Merlo Road Four Plex | 17165 SW Merlo Rd
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