Four-Plex with Covered
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
(503) 496-7620
Listed By:
Jason Maycumber
(503) 805-9197
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.
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
NOI $47,790 @ 7.0% cap · market cap 5.66%
Second Best
Multifamily LT 5
$652.9K
$571.3K – $761.7K
NOI $45,700 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
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
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