Beaverton Apartment Complex with
3525 SW 122nd Avenue, Beaverton, OR 97005
Updated apartment complex with below-market rents in a prime location.
Type:Multifamily
- Added:
- Nov 25, 2025
- Days on Market:
- 177
- Last Refresh:
- Apr 5 at 10:11 pm
Property Features for 3525 SW 122nd Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agent Joe Kappler License #OR #200605069 (503) 972-7294
Listing office Macadam Forbes (503) 972-7294
Listing date Nov 25, 2025
Source Macadamforbes
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 Macadam Forbes
HighLights
- Significant upside potential due to below‑market rents, with proforma rents underwritten at $1,200 (1 bed/1 bath) and $1,400 (2 bed/1 bath).
- Updated units (2017‑2018) feature new flooring, bathrooms, and kitchens.
- Prime location near Beaverton's Historic Downtown District and Cedar Hills Crossing shopping center.
- Strong investment opportunity with a 5.62% cap rate on modest market rents.
- Garden‑style apartment complex with a mix of 22 units (11 two‑bed and 11 one‑bed).
- Convenient access to public transportation (bus and MAX).
Overview
This garden-style apartment complex features 11 units with two bedrooms and one bathroom, and 11 units with one bedroom and one bathroom. The complex includes six buildings totaling 14,691 square feet, situated on 48,352 square feet of land. The property is zoned R-24 within unincorporated Washington County. The two-bedroom, one-bathroom units measure 750 square feet, while the one-bedroom, one-bathroom units are 525 square feet. Updates to the units, including new flooring, bathrooms, and kitchens, were completed between 2017 and 2018. A new roof was installed on one of the buildings in 2020. The property is located in close proximity to Beaverton's Historic Downtown District, offering a variety of antique and specialty shops, restaurants, and cultural attractions. It also benefits from immediate access to retail and restaurant amenities along Cedar Hills Boulevard, including Oswego Grill, Chick-fil-A, and Shake Shack, all located at the Cedar Hills Crossing shopping center.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sunrise Apartments Beaverton
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.803
- Latitude
- 45.4943
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FAQs
What type of property is this?
Apartment building - Updated apartment complex with below-market rents in a prime location.
Where is this apartment building located?
The property is located at 3525 SW 122nd Avenue Beaverton, OR.
What are key features of this property?
This property features: Significant upside potential due to below‑market rents, with proforma rents underwritten at $1,200 (1 bed/1 bath) and $1,400 (2 bed/1 bath).; Updated units (2017‑2018) feature new flooring, bathrooms, and kitchens.; Prime location near Beaverton's Historic Downtown District and Cedar Hills Crossing shopping center.
