Well-Maintained
3398 Southwest 125th Avenue Beaverton, OR 97005
3398 Southwest 125th Avenue, Beaverton, OR, 97005
$869,900
For Sale
$869,900
Fully occupied fourplex with private patio, deck, and storage for each unit, plus recent exterior and window updates.
Property Size3,536 SF
Price / SF$246.01
Days on Market596
Property Features for 3398 Southwest 125th Avenue
General Information
- Standard status
- Active
- Size
- 3,536 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1969
Listing agency
The Broker Network, LLC
(503) 928-5606
Listed by
Sang Nguyen
(503) 928-5606
Source
Compass
Added: Dec 2, 2024 Updated: Jul 20 at 11:18PM Checked: Jul 20 at 11:18PM
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 The Broker Network, LLC
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers a total of four residential units, each with its own private patio, deck, and storage. Updates reported include a new roof in 2023, new vinyl windows and sliding doors, and new exterior paint. Some units also feature new interior paint and Pergo flooring in living rooms and bedrooms, supporting a practical, comfortable layout.
The property is described as being in a central area with convenient access to shopping, grocery, and dining options. The fourplex is fully occupied, and long-term tenants are noted as preferred to stay. Offers are requested with the condition “SUBJECT TO INTERIOR INSPECTION,” and tenants should not be disturbed; there is no sign on the property.
The property is described as being in a central area with convenient access to shopping, grocery, and dining options. The fourplex is fully occupied, and long-term tenants are noted as preferred to stay. Offers are requested with the condition “SUBJECT TO INTERIOR INSPECTION,” and tenants should not be disturbed; there is no sign on the property.
Key Highlights
- Fully occupied fourplex with long‑term tenant history and no vacancies reported
- Each unit has a private patio, deck, and storage
- New roof in 2023
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 | $87.0k | $24.60 |
| − Vacancy | −$4.4k | −$1.25 |
| EGI | $82.5k | $23.35 |
| − OpEx | −$37.1k | −$10.51 |
| NOI | $45.4k | $12.84 |
3,536 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$648.6K
$567.5K – $756.7K
NOI $45,402 @ 7.0% cap · market cap 5.22%
Second Best
Multifamily LT 5
$620.2K
$542.7K – $723.6K
NOI $43,417 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$954.5K
$835.2K – $1.11M
NOI $66,812 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex with private patio, deck, and storage for each unit, plus recent exterior and window updates.
Where is this quadplex located?
The property is located at 3398 Southwest 125th Avenue Beaverton, OR.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Fully occupied fourplex with long‑term tenant history and no vacancies reported; Each unit has a private patio, deck, and storage; New roof in 2023
