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2706 SE Spruce St 2,798 SF Health Care Building Offered at $799,000 in Hillsboro, OR 97123



Investment Highlights
- Near shopping
- Ground floor entry
- Dual living possibility
- Near major tech employers
- Accessible bathrooms on main
Executive Summary
Welcome to this rare opportunity to own a beautifully updated home offering space, flexibility, and comfort in a quiet, established Hillsboro neighborhood. This move-in-ready property is ideal for multigenerational living and also offers potential for use as a daycare, adult foster care home, DD home, group home, or RTH, subject to buyer verification and licensing requirements. Designed with adaptability in mind, this home features widened doorways, extra-wide hallways, and accessible bathrooms for ease of movement for all ages and mobility levels. The spacious kitchen features a large island, quartz countertops, updated fixtures, abundant cabinetry, and an open layout. The lower level offers a separate exterior entrance, a fully remodeled kitchenette with quartz countertops, 5 bedrooms, and 2 bathrooms, ideal for extended family, caregivers, or independent living quarters. Dedicated laundry closets on both levels add convenience for multigenerational households or separate living arrangements. Upstairs, enjoy open-concept living, formal dining area, newer flooring, and a spacious primary suite. Natural light fills the home, creating a warm and welcoming atmosphere throughout. Step outside to the large refinished deck and covered gazebo overlooking the fully fenced and landscaped backyard. Complete with a lower finished patio, garden shed and ample outdoor space, this home is ideal for gatherings, gardening, or simply relaxing. Conveniently located near parks, walking trails, shopping, dining, schools, and hospitals. Enjoy easy access to Highway 26, Tualatin Valley Highway, and public transportation. Major employers including Intel, Nike, Genentech, and Hillsboro's thriving technology corridor are just minutes away. Whether you're seeking a forever home for your family, an adult care facility, or a dual-purpose investment, this property is in a prime Hillsboro location offering possibilities that are difficult to find in today's market.
Financial Summary (Pro Forma - 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 (Pro Forma - 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 | $799,000 | Building Size | 2,798 SF |
| Price Per Bed | $99,875 | No. Beds | 8 |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Year Built/Renovated | 1970/2025 | |
| Lot Size | 0.23 AC | ||
| Zoning | SFR-7 | ||
| Price | $799,000 |
| Price Per Bed | $99,875 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Lot Size | 0.23 AC |
| Building Size | 2,798 SF |
| No. Beds | 8 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2025 |
| Zoning | SFR-7 |
Amenities
- Smoke Detector
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R0320398 | Total Assessment | $389,990 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2026 |
Property Taxes
Parcel Number
R0320398
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$389,990
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Contact the Sale Advisor
2706 SE Spruce St
