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Fourplex with Private Laundry

3420 SW 126TH Ave Beaverton, OR 97005

3420 SW 126TH Ave, Beaverton, OR, 97005
$930,000
For Sale
Claim this Listing
$930,000

MULTI_FAMILY - Beaverton, OR

Property Size3,991 SF
Lot Size0.20 Acres
Price / SF$233.02
AddedSep 5, 2025
Days on Market314
Last RefreshJul 15 at 6:06 pm

Property Features for 3420 SW 126TH Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Resid
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 1
Standard status
Active
APN
R56986
Size
3,991 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Description
STEEL'S ADD TO BEAVERTON, LOT PT 85, ACRES 0.20
Tax Annual Amount
7873

Building Details

Year built
1969
Floors in Building
2
Number of units
4
Roof type
Composition

Listing agent Jimmy Robinson License #201232654

Listing office MORE Realty 9792 SW Nimbus Ave, Tigard, OR

Listing date Sep 5, 2025

MLS# 249912950 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 offers four fully rented, one-level units designed for tenant convenience. The building includes two units with three bedrooms and two bathrooms and two units with two bedrooms and one bathroom. Each unit has its own washer and dryer for in-home laundry, with the exception that unit 3438 has a tenant-owned washer and dryer. The lower units include large back patios, while the upper units feature decks measuring 13x15. Covered parking is provided through four covered carport spaces, along with three additional parking spaces. The property also has a newer roof.

Located in Central Beaverton, the address at 3420 SW 126TH Ave places the property within minutes of shopping, groceries, restaurants, and freeway access.

For buyers seeking a small residential income property, the unit mix and one-level layouts can support straightforward occupancy and day-to-day operations. The included washer and dryer amenities are practical for tenants, and the combined carport and extra parking helps support resident vehicles. Offers should be written subject to interior inspection, and tenants should not be disturbed.

Key Highlights

  • Fully rented 4‑plex built in 1969 with composition roof
  • Unit mix: two 3 bed/2 bath units and two 2 bed/1 bath units
  • All units are one level; lower units have large back patio

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 $98.2k $24.60
− Vacancy −$5.0k −$1.25
EGI $93.2k $23.35
− OpEx −$41.9k −$10.51
NOI $51.2k $12.84
3,991 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$732.1K
$640.6K – $854.1K (±1% cap)
NOI $51,244 @ 7.0% cap · market cap 5.51%
Second Best
Multifamily LT 5
$700.0K
$612.5K – $816.7K (±1% cap)
NOI $49,003 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$1.08M
$942.6K – $1.26M (±1% cap)
NOI $75,409 @ 7.0% cap · market cap 8.11%
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

Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Storage Facility Restaurant Clothing & Fashion Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Fully rented fourplex with private washer and dryer in each unit, plus carport parking for residents.
Where is this quadplex located?
The property is located at 3420 SW 126TH Ave Beaverton, OR.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Fully rented 4‑plex built in 1969 with composition roof; Unit mix: two 3 bed/2 bath units and two 2 bed/1 bath units; All units are one level; lower units have large back patio
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More about this property
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