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18-Unit Apartment Investment

1046 NE 17TH AVE Hillsboro, OR 97124

1046 NE 17TH AVE, Hillsboro, OR, 97124
$3,150,000
For Sale
$3,150,000

Well-maintained 18-unit apartment complex with an on-site laundry room and 100% occupancy.

Days on Market36

Property Features for 1046 NE 17TH AVE

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1975
Listing agency Great Western Real Estate Co
Listed by Cornell Mann · License #911000262
Source Coastalsothebysrealty
Added: Jun 17 Updated: Jul 21 at 6:55PM Checked: Jul 22 at 2:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Great Western Real Estate Co


Investment Insights

Based on property information with market context.

This well-maintained 18-unit apartment complex is owner-managed and currently 100% occupied. The property includes an on-site laundry room and operates with month-to-month rental agreements, except for one unit with approximately five months remaining on its lease.

The property is described as being located in a neighborhood with convenient access to shopping, major roadways, and daily amenities. The seller notes that no rent increases have been implemented in the past 13 months. Please do not disturb tenants, and site visits require a scheduled appointment.

Key Highlights

  • Well‑maintained 18‑unit apartment complex built in 1975
  • 100% occupied with owner‑managed operations
  • On‑site laundry room provides additional income

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Hair Salon Catering Service

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

FAQs

What type of property is this?
Apartment building - Well-maintained 18-unit apartment complex with an on-site laundry room and 100% occupancy.
Where is this apartment building located?
The property is located at 1046 NE 17TH AVE Hillsboro, OR.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Well‑maintained 18‑unit apartment complex built in 1975; 100% occupied with owner‑managed operations; On‑site laundry room provides additional income
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