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    Beaverton Fourplex with Upside Potential Title is generated by Realmo AI

    13397 SW 17TH St, Beaverton, OR 97008

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    Claim this Listing
    For Sale
    $864,000

    MULTI_FAMILY - Beaverton, OR

    Property size:
    3,722 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $232/SF
    Added:
    Jul 11, 2025
    Days on Market:
    334
    Last Refresh:
    Jun 9 at 2:06 pm

    Property Features for 13397 SW 17TH St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    multi
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 4
    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

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1974
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition

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    Listing Contact
    Jason Maycumber

    Listing agent Jason Maycumber

    Listing office Redfin 1500 NE Irving Street, Suite 380, Portland, OR

    Listing date Jul 11, 2025

    MLS# 100330819 Listing URL

    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.

    HighLights

    • Strong Upside Potential: Increase rental income with month‑to‑month leases and a recently renovated vacant unit offered at a higher rent ($1450).
    • Desirable Beaverton Location: Enjoy close proximity to parks, schools, shopping, and public transportation.
    • Well‑Maintained 4‑Plex: Solid unit mix with recent improvements, including new roofs on the main building and carports (2022).
    • Flexible Unit Mix: Includes (1) 3 bed/1 bath, (2) 2 bed/1 bath, and (1) 1 bed/1 bath units.
    • Recently Renovated Unit: One 2‑bedroom unit is vacant and has been refreshed.
    • Assigned Covered Parking: Each unit has an assigned covered parking space.

    Overview

    This well-maintained fourplex is an investment opportunity in Beaverton, situated near parks, schools, shopping, and public transportation. The property offers a solid unit mix and potential for increased rental income or owner occupancy. The unit mix includes one 3-bed/1-bath unit, two 2-bed/1-bath units, and one 1-bed/1-bath unit. One unit was recently refreshed with new paint, window blinds, baseboard heaters, bathroom sinks, dishwasher, bathroom subfloor, and vinyl flooring. All tenants are month-to-month, providing flexibility for future rent adjustments or repositioning. Recent improvements include new roofs on both the main building and carports in 2022. Each unit features an assigned covered parking space. Located in a rental market with consistent demand, this property presents an opportunity to acquire a performing asset with immediate and long-term upside. The property size is 3722 square feet on a lot of 0.21 acres. The zoning is multi-family.

    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 $91.6k $24.60
    − Vacancy −$4.7k −$1.25
    EGI $86.9k $23.35
    − OpEx −$39.1k −$10.51
    NOI $47.8k $12.84
    3,722 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $682.7K
    $597.4K – $796.5K (±1% cap)
    NOI $47,790 @ 7.0% cap · market cap 5.53%
    Second Best
    Multifamily LT 5
    $652.9K
    $571.3K – $761.7K (±1% cap)
    NOI $45,700 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    Office A
    $1.00M
    $879.1K – $1.17M (±1% cap)
    NOI $70,326 @ 7.0% cap · market cap 8.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.813861
    Latitude
    45.475348

    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex in Beaverton with income growth opportunity.
    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 $864,000.
    What are key features of this property?
    This property features: Strong Upside Potential: Increase rental income with month‑to‑month leases and a recently renovated vacant unit offered at a higher rent ($1450).; Desirable Beaverton Location: Enjoy close proximity to parks, schools, shopping, and public transportation.; Well‑Maintained 4‑Plex: Solid unit mix with recent improvements, including new roofs on the main building and carports (2022).
    More about this property
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