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Fourplex with Private Yards
For Sale
$1,300,000

1436 VILLAGE PARK PL, West Linn, OR 97068

Four single-level residences offer three bedrooms, carport parking, dedicated laundry rooms, and open-concept living areas.

Days on Market11

Property Features for 1436 VILLAGE PARK PL

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes

Building Details

Building Size 4,542 SF
Year Built 1976
Buildings 1
Tenancy Multi
Listing Agency: eXp Realty, LLC
Listed By: John Tae · License #201209617
Source: Eleeterealestate
Added: Jul 23 Changed: Jul 31 Last Checked: Aug 2 at 11:47AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1976, this fourplex includes four single-level units, each with 3 bedrooms, 1 bathroom, and approximately 1,135 square feet. The residences feature open-concept living areas with vaulted ceilings, granite kitchen countertops, stainless steel appliances, heat pump heating and cooling, durable flooring, private fenced yards, dedicated laundry rooms, individual storage, and covered carport parking.

The property is located at 1436 Village Park Pl in West Linn’s Willamette neighborhood, near Historic Old Town Willamette, Mary S. Young Park, local dining and shopping, the Willamette River, and West Linn-Wilsonville schools. Access is convenient to I-205, Highway 43, Oregon City, Lake Oswego, and Portland.

An adjacent fourplex is also available for purchase, offering an eight-unit acquisition opportunity. Buyer to perform all due diligence regarding financials and future rental performance.

Key Highlights

  • Four units, each with 3 bedrooms, 1 bathroom, and approximately 1,135 square feet
  • Single‑level layouts with vaulted ceilings and open‑concept living areas
  • Private fenced yards, individual storage, dedicated laundry rooms, and covered carport parking

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 (±1% cap)
NOI $58,319 @ 7.0% cap · market cap 4.49%
Second Best
Multifamily LT 5
$815.0K
$713.2K – $950.9K (±1% cap)
NOI $57,052 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,820 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 97068, OR

30,712
Population
11,656
Households
2.6
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
1,371
Density / Sq Mi
$145,877
Median Household Income
$65,674
Median Earnings
$1,994
Median Rent
$760,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four single-level residences offer three bedrooms, carport parking, dedicated laundry rooms, and open-concept living areas.
Where is this quadplex located?
The property is located at 1436 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: Four units, each with 3 bedrooms, 1 bathroom, and approximately 1,135 square feet; Single‑level layouts with vaulted ceilings and open‑concept living areas; Private fenced yards, individual storage, dedicated laundry rooms, and covered carport parking
More about this property
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