Four-Unit Building with Covered
For Sale
$844,000
13397 SW 17TH St, Beaverton, OR 97008
MULTI_FAMILY - Beaverton, OR
Property Size3,722 SF
Lot Size0.21 Acres
Price / SF$226.76
Days on Market389
Property Features for 13397 SW 17TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
multi
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 8, Bedroom 7
Subdivision
HYLAND HILLS
Elementary school
Fir Grove
Middle school
Highland Park
High school
Southridge
Directions
SW Allen Blvd to Valley Ave. to SW 17th
Standard status
Active
APN
R172556
Size
3,722 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
CHANNING HEIGHTS, LOT 6
Tax Annual Amount
9086
Legal Description
CHANNING HEIGHTS, LOT 6
Utilities
Heating system
Baseboard
Building Details
Year built
1974
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
Redfin
(503) 496-7620
Listed By:
Jason Maycumber
(503) 805-9197
Added: Jul 11, 2025
Changed: Aug 2
Last Checked: Aug 3 at 2:06AM
MLS# 100330819
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 quadplex (four units) is a well-maintained fourplex designed for rental flexibility, with all tenants on month-to-month arrangements. The unit mix includes three 3 bed/1 bath units, two 2 bed/1 bath units, and one 1 bed/1 bath unit. Heating is provided by baseboard systems, and the property has composition roofing. The 1974-built building includes assigned covered parking for each unit.
Recent improvements include new roofs on both the main building and the carports in 2022. One unit was refreshed with new paint, new window blinds, new baseboard heaters, new bathroom sinks, new dishwasher, new bathroom subfloor and vinyl flooring.
Set on a 0.21-acre lot and totaling 3,722 square feet, the property is positioned near parks, schools, shopping, and public transportation in close-in Beaverton. Please do not disturb tenants; offers are subject to interior inspection.
Recent improvements include new roofs on both the main building and the carports in 2022. One unit was refreshed with new paint, new window blinds, new baseboard heaters, new bathroom sinks, new dishwasher, new bathroom subfloor and vinyl flooring.
Set on a 0.21-acre lot and totaling 3,722 square feet, the property is positioned near parks, schools, shopping, and public transportation in close-in Beaverton. Please do not disturb tenants; offers are subject to interior inspection.
Key Highlights
- Tenant leases are month‑to‑month across all four units
- Unit mix: three 3 bed/1 bath units, two 2 bed/1 bath units, and one 1 bed/1 bath unit
- New roofs on main building and carports in 2022
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 | $91.6k | $24.60 |
| − Vacancy | −$4.7k | −$1.25 |
| EGI | $86.9k | $23.35 |
| − OpEx | −$39.1k | −$10.51 |
| NOI | $47.8k | $12.84 |
3,722 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$682.7K
$597.4K – $796.5K
NOI $47,790 @ 7.0% cap · market cap 5.66%
Second Best
Multifamily LT 5
$652.9K
$571.3K – $761.7K
NOI $45,700 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,326 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 97008, OR
29,632
Population
12,845
Households
2.3
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
5,591
Density / Sq Mi
$90,246
Median Household Income
$52,133
Median Earnings
$1,664
Median Rent
$555,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex with assigned covered parking and a mix of three-, two-, and one-bedroom units, all month-to-month.
Where is this quadplex located?
The property is located at 13397 SW 17TH St Beaverton, OR.
What is the asking price?
The asking price for this property is $844,000.
What are key features of this property?
This property features: Tenant leases are month‑to‑month across all four units; Unit mix: three 3 bed/1 bath units, two 2 bed/1 bath units, and one 1 bed/1 bath unit; New roofs on main building and carports in 2022
