4-Unit Apartment
For Sale
$830,000
13397 SW 17TH St, Beaverton, OR 97008
MultiFamily, Beaverton, OR
Property Size3,722 SF
Lot Size0.21 Acres
Price / SF$222
Days on Market470
Property Features for 13397 SW 17TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
multi
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bedroom 8, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 6, Bedroom 4
Subdivision
HYLAND HILLS
Elementary school
Fir Grove
Middle school
Highland Park
High school
Southridge
Directions
SW Allen Blvd to Valley Ave. to SW 17th
Standard status
Active
APN
R172556
Size
3,722 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
CHANNING HEIGHTS, LOT 6
Tax Annual Amount
9086
Legal Description
CHANNING HEIGHTS, LOT 6
Utilities
Heating system
Baseboard
Building Details
Year built
1974
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
Redfin
(503) 496-7620
Listed By:
Jason Maycumber
(503) 805-9197
Added: Jul 11, 2025
Changed: Oct 17
Last Checked: Oct 23 at 7:06AM
MLS# 100330819
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,722 square feet on a 9,147-square-foot lot. The unit mix consists of one three-bedroom, one-bath residence, two two-bedroom, one-bath residences, and one one-bedroom, one-bath residence. Each unit has a designated covered parking space. Improvements to one residence include interior paint, blinds, baseboard heaters, bathroom sinks, a dishwasher, subfloor work in the bathroom, and vinyl flooring. The building and carports received replacement roofs in 2022. The property was built in 1974 and has baseboard heating.
All four tenancies are month-to-month. The property is in Beaverton, near parks, schools, shopping, and public transportation.
All four tenancies are month-to-month. The property is in Beaverton, near parks, schools, shopping, and public transportation.
Key Highlights
- Four units totaling 3,722 square feet on a 9,147‑square‑foot lot
- Unit mix: one 3‑bedroom, one‑bath; two 2‑bedroom, one‑bath; and one 1‑bedroom, one‑bath
- Covered parking space assigned to each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,790
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,800
$955.8K
Cap Rate 7%
$682,714
$682.7K
Cap Rate 9%
$531,000
$531.0K
Market Conditions
NOI Build-Up for 3,722 SF
Gross rent
$91.6K $24.60/SF
− Vacancy
−$4.7K −$1.25/SF
EGI
$86.9K $23.35/SF
− OpEx
−$39.1K −$10.51/SF
NOI
$47.8K $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%
$955,800
Cap Rate 7%
$682,714
Cap Rate 9%
$531,000
Alternative Uses
Best Use
Apartment 5plus
$682.7K
$597.4K – $796.5K
NOI $47,790 @ 7.0% cap · market cap 5.76%
Second Best
Multifamily LT 5
$652.9K
$571.3K – $761.7K
NOI $45,700 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,326 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
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 - The four residences are occupied under month-to-month rental arrangements, with covered parking assigned to each unit.
Where is this quadplex located?
The property is located at 13397 SW 17TH St Beaverton, OR.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Four units totaling 3,722 square feet on a 9,147‑square‑foot lot; Unit mix: one 3‑bedroom, one‑bath; two 2‑bedroom, one‑bath; and one 1‑bedroom, one‑bath; Covered parking space assigned to each residence
