Fourplex with Private
12195 Sw Spur Ct, Beaverton, OR 97008
For Sale
$854,000
Four residential units feature private decks, appliances, laundry equipment, and assigned parking.
Property Size3,508 SF
Price / SF$243.44
Days on Market59
Property Features for 12195 Sw Spur Ct
General Information
Standard status
Size
Property subtype
Financials
Cap Rate
Gross Income
Additional Details
Multifamily Units
Amenities
deck
dedicated parking spot
dishwasher
washer and dryer
ranges and refrigerators
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Keller Williams Realty Professionals
Listed By:
Andrew Berlinberg · License #200201085
(503) 780-5625
Source:
Southwestwahomefinder
Added: Sep 11
Changed: Nov 1
Last Checked: Nov 6 at 9:07AM
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 Keller Williams Realty Professionals
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Investment Insights
Based on property information with market context.
This 3,508-square-foot fourplex, built in 1978, contains four residential units with practical in-unit features. Every unit includes a private deck, dedicated parking spot, dishwasher, washer, dryer, range, and refrigerator. Energy-efficient vinyl windows and laminate flooring in the living and dining areas support straightforward maintenance.
The property is located three blocks from Conestoga Recreation and Aquatic Center, which offers pools, gyms, fitness facilities, classrooms, a playground, seasonal water features, and community programming. Greenway Elementary and Southridge High School are also identified nearby. Three tenants have remained in place since 2009, 2010, and 2013, and the property is reported at a 6% cap rate based on current rents and 2025 expenses.
The property is located three blocks from Conestoga Recreation and Aquatic Center, which offers pools, gyms, fitness facilities, classrooms, a playground, seasonal water features, and community programming. Greenway Elementary and Southridge High School are also identified nearby. Three tenants have remained in place since 2009, 2010, and 2013, and the property is reported at a 6% cap rate based on current rents and 2025 expenses.
Key Highlights
- Fourplex totaling 3,508 square feet
- 6% cap rate based on current rents and 2025 expenses
- Each unit includes a private deck and dedicated parking spot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,043
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,860
$900.9K
Cap Rate 7%
$643,471
$643.5K
Cap Rate 9%
$500,478
$500.5K
Market Conditions
NOI Build-Up for 3,508 SF
Gross rent
$86.3K $24.60/SF
− Vacancy
−$4.4K −$1.25/SF
EGI
$81.9K $23.35/SF
− OpEx
−$36.9K −$10.51/SF
NOI
$45.0K $12.84/SF
Area
Washington County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,860
Cap Rate 7%
$643,471
Cap Rate 9%
$500,478
Alternative Uses
Best Use
Apartment 5plus
$643.5K
$563.0K – $750.7K
NOI $45,043 @ 7.0% cap · market cap 5.27%
Second Best
Multifamily LT 5
$615.3K
$538.4K – $717.9K
NOI $43,073 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$946.9K
$828.5K – $1.10M
NOI $66,283 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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Business Placement
Demographics for 97008, OR
29,632
Population
12,845
Households
2.3
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
5,591
Density / Sq Mi
$90,246
Median Household Income
$52,133
Median Earnings
$1,664
Median Rent
$555,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature private decks, appliances, laundry equipment, and assigned parking.
Where is this quadplex located?
The property is located at 12195 Sw Spur Ct Beaverton, OR.
What is the asking price?
The asking price for this property is $854,000.
What are key features of this property?
This property features: Fourplex totaling 3,508 square feet; 6% cap rate based on current rents and 2025 expenses; Each unit includes a private deck and dedicated parking spot
