Fourplex with Private
1426 Village Park Pl West Linn, OR 97068
New
For Sale
$1,300,000
MULTI_FAMILY - WestLinn, OR
Property Size4,542 SF
Lot Size0.33 Acres
Price / SF$286.22
Days on Market1
Property Features for 1426 Village Park Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2.1
- Bedrooms
- 12
- Bathrooms
- 4
- Rooms
- Bedroom 11, Bedroom 5, Bedroom 12, Bedroom 10, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 9, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 6, Bedroom 8, Bedroom 7
- Standard status
- Active
- APN
- 00407072
- Size
- 4,542 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- Section 35 Township 2S Range 1E Quarter BC TAX LOT 02000
- Tax Annual Amount
- 8780
Utilities
- Heating system
- Zoned
- Cooling system
- Heat Pump
- Water front
- 1
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 10
- Roof type
- Composition
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
John Tae · License #201209617
(503) 320-4554
Added: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 192734159
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.
This fourplex features four single-level units, each with three bedrooms and one bathroom, plus private fenced yards. The property includes dedicated laundry space within each unit and individual storage. Covered carport parking is provided for residents, and each home offers open-concept living with vaulted ceilings.
Located at 1426 Village Park Pl in West Linn, Oregon (97068), the property is situated near Historic Old Town Willamette, Mary S. Young Park, and local dining and shopping. The Willamette River and West Linn-Wilsonville schools are also nearby, with access to I-205, Highway 43, Oregon City, Lake Oswego, and Portland.
The listing notes heat pump heating and cooling, along with kitchen features such as granite countertops and stainless steel appliances. Buyers are advised to perform all due diligence regarding financials and future rental performance. The offering includes the fourplex at this address and also notes an opportunity to purchase an adjacent fourplex for an eight-unit portfolio, subject to buyer due diligence.
Located at 1426 Village Park Pl in West Linn, Oregon (97068), the property is situated near Historic Old Town Willamette, Mary S. Young Park, and local dining and shopping. The Willamette River and West Linn-Wilsonville schools are also nearby, with access to I-205, Highway 43, Oregon City, Lake Oswego, and Portland.
The listing notes heat pump heating and cooling, along with kitchen features such as granite countertops and stainless steel appliances. Buyers are advised to perform all due diligence regarding financials and future rental performance. The offering includes the fourplex at this address and also notes an opportunity to purchase an adjacent fourplex for an eight-unit portfolio, subject to buyer due diligence.
Key Highlights
- Fourplex in West Linn with four single‑level units
- Each unit offers 3 bedrooms, 1 bathroom, and approximately 1,135 SF
- Private fenced yards, dedicated laundry room, and individual storage included with each unit
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 | $111.7k | $24.60 |
| − Vacancy | −$5.7k | −$1.25 |
| EGI | $106.0k | $23.35 |
| − OpEx | −$47.7k | −$10.51 |
| NOI | $58.3k | $12.84 |
4,542 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$833.1K
$729.0K – $972.0K
NOI $58,319 @ 7.0% cap · market cap 4.49%
Second Best
Multifamily LT 5
$815.0K
$713.2K – $950.9K
NOI $57,052 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,820 @ 7.0% cap · market cap 6.60%
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 - Four single-level units each include private fenced yards, in-unit laundry, and covered carport parking.
Where is this quadplex located?
The property is located at 1426 Village Park Pl West Linn, OR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fourplex in West Linn with four single‑level units; Each unit offers 3 bedrooms, 1 bathroom, and approximately 1,135 SF; Private fenced yards, dedicated laundry room, and individual storage included with each unit
