Four-Unit Quadplex with Private
For Sale
$899,000
9750 Southwest Lookout Terrace, Beaverton, OR 97008
Four residential units offer private outdoor space, dedicated parking, and individual washers and dryers.
Property Size3,508 SF
Price / SF$256.27
Days on Market478
Property Features for 9750 Southwest Lookout Terrace
General Information
Standard status
Active
Size
3,508 SF
Total Parking Spaces
4
Property subtype
Multi Family
Zoning
RMA
Net Operating Income
$41,800
Units
Multifamily Units
4
Parking per Unit
1
Additional Details
Gross Income
$77,520
Taxes and HOA fees
Annual Taxes
$9,527
Amenities
2
Crawl Space
Concrete Perimeter
Composition
T111Siding
Building Details
Year Built
1978
Listing Agency:
Keller Williams Realty Professionals
(503) 780-5625
Listed By:
Andrew Berlinberg · License #200201085
(503) 780-5625
Source:
Compass
Added: May 11, 2025
Changed: Aug 30
Last Checked: Aug 31 at 12:03AM
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 Keller Williams Realty Professionals
Investment Insights
Based on property information with market context.
This 3,508-square-foot quadplex contains four residential units, each with a private deck, dedicated parking space, dishwasher, washer, and dryer. Included appliances feature ranges and refrigerators. Laminate flooring serves the living and dining areas, while energy-efficient vinyl windows and a crawl space support the building’s established configuration. The property was built in 1978 and carries RMA zoning.
Located at 9750 Southwest Lookout Terrace in Beaverton’s Greenway neighborhood, the property is three blocks from Conestoga Recreation Center, which includes pools, gyms, fitness facilities, classrooms, a playground, and seasonal programming. Greenway Elementary and Southridge High School are also identified among the nearby schools. Long-term tenants occupy the units, with tenancy beginning in 2005, 2011, 2015, and 2016.
Located at 9750 Southwest Lookout Terrace in Beaverton’s Greenway neighborhood, the property is three blocks from Conestoga Recreation Center, which includes pools, gyms, fitness facilities, classrooms, a playground, and seasonal programming. Greenway Elementary and Southridge High School are also identified among the nearby schools. Long-term tenants occupy the units, with tenancy beginning in 2005, 2011, 2015, and 2016.
Key Highlights
- 3,508‑square‑foot quadplex built in 1978
- RMA zoning at 9750 Southwest Lookout Terrace, Beaverton, OR 97008
- Each unit includes a private deck and dedicated parking spot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,043
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$900,860
$900.9K
Cap Rate 7%
$643,471
$643.5K
Cap Rate 9%
$500,478
$500.5K
Market Conditions
NOI Build-Up for 3,508 SF
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.
Gross rent
$86.3K $24.60/SF
− Vacancy
−$4.4K −$1.25/SF
EGI
$81.9K $23.35/SF
− OpEx
−$36.9K −$10.51/SF
NOI
$45.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$900,860
Cap Rate 7%
$643,471
Cap Rate 9%
$500,478
Alternative Uses
Best Use
Apartment 5plus
$643.5K
$563.0K – $750.7K
NOI $45,043 @ 7.0% cap · market cap 5.01%
Second Best
Multifamily LT 5
$615.3K
$538.4K – $717.9K
NOI $43,073 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$946.9K
$828.5K – $1.10M
NOI $66,283 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
774
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer private outdoor space, dedicated parking, and individual washers and dryers.
Where is this quadplex located?
The property is located at 9750 Southwest Lookout Terrace Beaverton, OR.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,508‑square‑foot quadplex built in 1978; RMA zoning at 9750 Southwest Lookout Terrace, Beaverton, OR 97008; Each unit includes a private deck and dedicated parking spot
