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18-Unit Apartment Building
For Sale
$2,850,000

1046 NE 17TH AVE, Hillsboro, OR 97124

An on-site laundry room contributes an additional income source alongside the residential units.

Property SizeContact for details
Days on Market139

Property Features for 1046 NE 17TH AVE

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Multifamily Units 18
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $21,133

Amenities

on-site laundry room

Building Details

Year Built 1975
Listing Agency: Great Western Real Estate Co
Listed By: Cornell Mann · License #911000262
Source: Hustlehearthomes
Added: Jun 17 Changed: Nov 2 Last Checked: Oct 31 at 2:23PM

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

Rey
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Investment Insights

Based on property information with market context.

This 18-unit apartment property was built in 1975 and is owner-managed. An on-site laundry room provides an additional income source. The property is fully occupied, with rental agreements on a month-to-month basis except for one unit, whose lease has approximately five months remaining.

The address is 1046 NE 17TH AVE in Hillsboro, Oregon. Shopping, major roadways, and daily amenities are accessible from the property.

Key Highlights

  • 18 apartment units
  • Built in 1975
  • On‑site laundry room provides additional income

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - An on-site laundry room contributes an additional income source alongside the residential units.
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 $2,850,000.
What are key features of this property?
This property features: 18 apartment units; Built in 1975; On‑site laundry room provides additional income
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