1462 NE THOMAS Ct, Hillsboro, OR 97124
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 1462 NE THOMAS Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MFR-1
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 2
- Standard status
- Active
- APN
- R2075979
- Size
- 2,088 SF
Taxes and HOA fees
- Tax Description
- LADYBUG MEADOW, LOT 5, ACRES 0.17
- Tax Annual Amount
- 5176
Building Details
- Year built
- 1999
- Number of units
- 2
- Roof type
- Composition
Listing agent Yi Liu (971) 505-1318
Listing office Oregon First 8427 NE Cornell Rd Ste A200, Beaverton, OR (503) 646-5006
Listing date Jun 16, 2026
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.
HighLights
- Duplex built in 1999 with composition roof
- Both units are tenant occupied with immediate rental income
- Tenants pay all utilities
- No HOA
- Location near Intel Jones Farm Campus and Ronler Acres Campus in Hillsboro
Overview
The duplex is located in Hillsboro, Oregon (Washington County) at 1462 NE THOMAS Ct. The area is described as convenient to Downtown Hillsboro and Highway 26, with access to shopping, dining, and major employers. Public remarks also highlight proximity to the Intel Jones Farm Campus and Ronler Acres Campus.
For investors seeking a straightforward residential income property, this duplex offers an immediately occupied setup, with rental income already in place per the seller’s description. Zoning is listed as MFR-1. With utilities paid by tenants and no HOA, the property may appeal to buyers looking for a manageable operating profile alongside a location tied to nearby employment centers.
Local Financial Insights For Multifamily LT 5
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 | $47.4k | $22.68 |
| − Vacancy | −$2.6k | −$1.22 |
| EGI | $44.8k | $21.46 |
| − OpEx | −$13.4k | −$6.44 |
| NOI | $31.4k | $15.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Washington
- State
- Oregon
- Longitude
- -122.96709
- Latitude
- 45.537176
