12408 SW 14th St, Beaverton, OR 97005

$899,900

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Property Description

Nice 4-plex in central Beaverton conveniently located near public transportation, the city library, and parks. This is an excellent investment opportunity with two tenants currently on month-to-month leases, offering strong potential for future rent growth. A potentially assumable VA loan at 2.75% is available for qualified buyers. Each unit is approximately 850 SF with 2 bedrooms, 1 full bath, and in-unit laundry. Lower units feature private patios with yard space while upper units have decks off the front. Ample off-street parking is available for tenants and guests. Two units have been recently remodeled and a third unit was updated within the past several years. Major improvements include a new roof in 2022 and updated electrical panels in 2017. All units share the same functional floor plan with two being mirrors of the provided layout. Photos are of one of the remodeled units. Please do not disturb tenants.

12408 SW 14th St | MLS# 662026158

This multi-family property located at 12408 SW 14th St, Beaverton, OR 97005 is currently listed for sale with an asking price of $899,900. Search Beaverton real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: None
Fuel Type: Electricity
Heating: Zoned
Roof Type: Composition
Stories: 2.0
Taxes: $8,688
Year Built: 1977
Square Feet: 3,264

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Fireplace, Refrigerator, WasherDryer
Rent: $1500.00
Square Footage: 850
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Fireplace, Refrigerator, WasherDryer
Rent: $1550.00
Square Footage: 850
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Fireplace, Refrigerator, WasherDryer
Rent: $1300.00
Square Footage: 850
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Fireplace, Refrigerator, WasherDryer
Rent: $1495.00
Square Footage: 850
Total Units: 1

Feature Descriptions

Days on Site: 5
Exterior: T-111 Siding
Gross Income: $70140.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $40826.00 (Actual)
Operating Expenses: $29313.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 4
Water: Public Water

Local Schools

High School: Beaverton
Middle School: Whitford
Elementary School: Vose

Listed By / Shown By

Listed By

Agency Name: John L. Scott
Agency Phone: 503-645-7433

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,536.85 per month $4,550.38 Principal & Interest $724.00 Property Tax $262.47 Homeowner's Insurance

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