Fourplex with Dedicated Parking

12195 SW SPUR Ct Beaverton, OR 97008

Claim this Listing
New
For Sale
$854,000

MULTI_FAMILY - Beaverton, OR

Property size:
3,508 SF
Lot size:
0.24 Acres
Price / SF:
$243/SF
Added:
Jul 6, 2026
Days on Market:
7
Last Refresh:
Jul 12 at 8:06 am

Property Features for 12195 SW SPUR Ct

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RMA
Bedrooms
9
Bathrooms
5
Rooms
Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 8, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 9, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 2
Standard status
Active
APN
R245693
Size
3,508 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Description
GREENWAY NO.7, BLOCK 19, LOT 25, ACRES 0.24
Tax Annual Amount
9636

Utilities

Heating system
Baseboard

Building Details

Year built
1978
Floors in Building
2
Number of units
4
Roof type
Composition

Listing agent Andrew Berlinberg License #200201085

Listing office Keller Williams Realty Professionals 9755 SW Barnes Rd Ste 560, Portland, OR

Listing date Jul 6, 2026

MLS# 708430974 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fourplex is configured as four separate units, each with its own deck and a dedicated parking spot. Interiors include dishwashers and in-unit washer and dryer, and all appliances (including ranges and refrigerators) are included. The property also features energy-efficient vinyl windows and laminate flooring in the living and dining rooms, aiming to keep day-to-day maintenance straightforward. As noted for showings, please do not disturb tenants.

Located in the Greenway neighborhood of Beaverton, the property is described as being three blocks from Conestoga Rec Center, which offers two pools, two gyms, a dance and fitness room, a weight room, multiple classrooms, a playground, and a seasonal splash pad.

For tenants and operators seeking long-term stability, the current tenancy is described as consistent, with three units having tenants in place since 2009, 2010, and 2013. Each unit’s self-contained setup, including covered appliances and dedicated parking, can support resident convenience while keeping the units easy to manage under a standard residential income model.

Key Highlights

  • Four‑plex in the Greenway neighborhood of Beaverton with $77,640 combined annual rent
  • Stable, long‑term tenants: 3 tenants in place since 2009, 2010, and 2013
  • SIX percent cap rate based on current rents and 2025 expenses

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $86.3k $24.60
− Vacancy −$4.4k −$1.25
EGI $81.9k $23.35
− OpEx −$36.9k −$10.51
NOI $45.0k $12.84
3,508 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$643.5K
$563.0K – $750.7K (±1% cap)
NOI $45,043 @ 7.0% cap · market cap 5.27%
Second Best
Multifamily LT 5
$615.3K
$538.4K – $717.9K (±1% cap)
NOI $43,073 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$946.9K
$828.5K – $1.10M (±1% cap)
NOI $66,283 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Grocery & Convenience Store Parking Lot & Garage Auto Parts Store Barber Shop Food Market Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four individual units each offer private outdoor space and dedicated parking, supporting low-friction, resident-friendly living.
Where is this quadplex located?
The property is located at 12195 SW SPUR Ct Beaverton, OR.
What is the asking price?
The asking price for this property is $854,000.
What are key features of this property?
This property features: Four‑plex in the Greenway neighborhood of Beaverton with $77,640 combined annual rent; Stable, long‑term tenants: 3 tenants in place since 2009, 2010, and 2013; SIX percent cap rate based on current rents and 2025 expenses
Contact an agent
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