Two-Level 4-Plex Townhome
19707 SW 68TH Ave Tualatin, OR 97062
For Sale
$999,999
MULTI_FAMILY - Tualatin, OR
Property Size4,160 SF
Lot Size0.37 Acres
Price / SF$240.38
Days on Market49
Property Features for 19707 SW 68TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 4plex
- Bedrooms
- 9
- Bathrooms
- 7
- Rooms
- Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 7, Bedroom 3, Bedroom 8, Bathroom 2, Bedroom 2, Bathroom 6, Bathroom 1, Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 5, Bathroom 3
- Standard status
- Active
- APN
- R534791
- Size
- 4,160 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- STONERIDGE, LOT PT 26, ACRES 0.37
- Tax Annual Amount
- 7995
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition
Listing Agency:
Century 21 North Homes Realty
(503) 652-2260
Listed By:
Terri Boughton · License #881000055
(503) 307-2546
Added: Jun 7
Changed: Jul 9
Last Checked: Jul 25 at 5:06AM
MLS# 796785126
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 4-plex in Tualatin consists of four 2-level townhouse-style homes. Each unit features open floor plans with washer/dryer hook-ups and updated interiors including newer carpeting. Several units also include sliding door access to outdoor space, and all provide parking through a mix of attached garages and private detached garages. The seller has completed recent upgrades, including a new roof and siding, upgraded windows, and newer interior and exterior paint throughout.
The property is located in Tualatin near Meridian Park and Bridgeport Shopping Center, with zoning designated as 4plex. As of 6/15/2026, all four units are rented month-to-month. Landscaping, sewer, water, and garbage are included in the rent, which can simplify monthly operating cost tracking for an owner.
With four townhouse-style layouts and in-unit laundry hook-ups, the mix of unit types may appeal to tenants seeking garage parking and functional indoor living space. The end units include larger layouts, including one 4-bedroom, 2 1/2 bath option that could support owner occupancy. The seller will complete a 1031 exchange at no cost to the buyer.
The property is located in Tualatin near Meridian Park and Bridgeport Shopping Center, with zoning designated as 4plex. As of 6/15/2026, all four units are rented month-to-month. Landscaping, sewer, water, and garbage are included in the rent, which can simplify monthly operating cost tracking for an owner.
With four townhouse-style layouts and in-unit laundry hook-ups, the mix of unit types may appeal to tenants seeking garage parking and functional indoor living space. The end units include larger layouts, including one 4-bedroom, 2 1/2 bath option that could support owner occupancy. The seller will complete a 1031 exchange at no cost to the buyer.
Key Highlights
- Desirable Tualatin 4‑plex near Meridian Park and Bridgeport Shopping Center
- Four 2‑level townhouse‑style units; all units are rented month‑to‑month as of 6‑15‑2026
- Unit mix includes two 2‑bedroom middle units, plus one 3‑bedroom end unit and one 4‑bedroom 2.5‑bath end unit
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 | $102.3k | $24.60 |
| − Vacancy | −$5.2k | −$1.25 |
| EGI | $97.1k | $23.35 |
| − OpEx | −$43.7k | −$10.51 |
| NOI | $53.4k | $12.84 |
4,160 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$763.1K
$667.7K – $890.2K
NOI $53,414 @ 7.0% cap · market cap 5.34%
Second Best
Multifamily LT 5
$729.7K
$638.5K – $851.3K
NOI $51,078 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.12M
$982.5K – $1.31M
NOI $78,602 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four 2-level townhomes with attached and detached garages, in-unit laundry hookups, and rent that includes select utilities.
Where is this quadplex located?
The property is located at 19707 SW 68TH Ave Tualatin, OR.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Desirable Tualatin 4‑plex near Meridian Park and Bridgeport Shopping Center; Four 2‑level townhouse‑style units; all units are rented month‑to‑month as of 6‑15‑2026; Unit mix includes two 2‑bedroom middle units, plus one 3‑bedroom end unit and one 4‑bedroom 2.5‑bath end unit
