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13397 SW 17TH St, Beaverton, OR, 97008
Four-Plex with Covered Parking

13397 SW 17TH St Beaverton, OR 97008

For Sale
$844,000

MULTI_FAMILY - Beaverton, OR

Property Size3,722 SF
Lot Size0.21 Acres
Price / SF$226.76
Days on Market380

Property Features for 13397 SW 17TH St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
multi
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 8, Bedroom 4, Bedroom 1
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
Listing Agency: Redfin
Listed By: Jason Maycumber
Added: Jul 11, 2025 Changed: Jul 14 Last Checked: Jul 25 at 1:06AM
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.


Investment Insights

Based on property information with market context.

Well-maintained four-plex offering a unit mix of one 1-bedroom/1-bath, two 2-bedroom/1-bath units, and one 3-bedroom/1-bath unit. All tenants are month-to-month. One unit has been recently refreshed with new paint, new window blinds, new baseboard heaters, new bathroom sinks, new dishwasher, new bathroom subfloor, and new vinyl flooring. Recent improvements include new roofs on both the main building and the carports (2022). Each unit includes an assigned covered parking space.

Located in close-in Beaverton near parks, schools, shopping, and public transportation. Zoning is designated for multi-family use.

Offers are subject to interior inspection, and tenants should not be disturbed.

Key Highlights

  • 4‑plex built in 1974 with a unit mix of 3 bed/1 bath (1), 2 bed/1 bath (2), and 1 bed/1 bath (1)
  • Recent exterior updates include new roofs on the main building and carports (2022)
  • One unit was refreshed with new paint, window blinds, baseboard heaters, bathroom sinks, new dishwasher, and new bathroom subfloor and vinyl flooring

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 5.66%
Second Best
Multifamily LT 5
$652.9K
$571.3K – $761.7K (±1% cap)
NOI $45,700 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M (±1% cap)
NOI $70,326 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Carpet & Flooring Store Storage Facility Catering Service Parking Lot & Garage Cosmetic Store Garden Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Well-maintained 4-plex with unit mix and assigned covered parking, plus 2022 roof replacements.
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 $844,000.
What are key features of this property?
This property features: 4‑plex built in 1974 with a unit mix of 3 bed/1 bath (1), 2 bed/1 bath (2), and 1 bed/1 bath (1); Recent exterior updates include new roofs on the main building and carports (2022); One unit was refreshed with new paint, window blinds, baseboard heaters, bathroom sinks, new dishwasher, and new bathroom subfloor and vinyl flooring
More about this property
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