Updated Duplex Near Regional
New
For Sale
$720,000
15789 SW VILLAGE Cir, Beaverton, OR 97007
MultiFamily, Beaverton, OR
Property Size1,988 SF
Price / SF$362.17
Days on Market6
Property Features for 15789 SW VILLAGE Cir
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1
Subdivision
FOUR SEASONS
View
Park
Elementary school
Chehalem
Middle school
Mountain View
High school
Mountainside
Directions
SW Division, South on SW 160th Ave, East on SW Village Ln, North on Village Cir
Standard status
Active
APN
R145024
Size
1,988 SF
Taxes and HOA fees
Tax Description
FOUR SEASONS NO.15, LOT 15-26, LOT 15-27, LOT 15-28
Tax Annual Amount
9107
Legal Description
FOUR SEASONS NO.15, LOT 15-26, LOT 15-27, LOT 15-28
Utilities
Heating system
Forced Air
Amenities
pool
hot tub
trails
Building Details
Year built
1973
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
John L. Scott
(503) 645-7433
Listed By:
Marie Conser
(503) 459-2726
Added: Sep 17
Changed: Sep 21
Last Checked: Sep 22 at 7:06PM
MLS# 524766061
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 duplex property contains two single-level residences with a combined 1,988 square feet. Each side offers a great-room layout connecting the kitchen, dining area, and living room, plus a fireplace, skylights, deck, fenced yard, detached garage, and an additional parking space. The homes were updated in 2019 with new windows, flooring, water heaters, gutters, kitchens, and bathrooms.
Located in a cul-de-sac within the Four Seasons community, the property sits beside the Westside Regional Trail and provides access to the community’s internal trail network, seasonal pools, and hot tub. One unit is leased month-to-month. Heating includes forced air, with new furnaces installed in 2025 and 2026 and mini-splits added in 2021. The property was built in 1973 and is zoned R5.
Located in a cul-de-sac within the Four Seasons community, the property sits beside the Westside Regional Trail and provides access to the community’s internal trail network, seasonal pools, and hot tub. One unit is leased month-to-month. Heating includes forced air, with new furnaces installed in 2025 and 2026 and mini-splits added in 2021. The property was built in 1973 and is zoned R5.
Key Highlights
- Two single‑level residences totaling 1,988 square feet
- 2019 updates include windows, flooring, water heaters, gutters, kitchens, and bathrooms
- Each side has a detached garage plus an additional parking space
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
$25,526
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
3.55%
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%
$510,520
$510.5K
Cap Rate 7%
$364,657
$364.7K
Cap Rate 9%
$283,622
$283.6K
Market Conditions
NOI Build-Up for 1,988 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
$48.9K $24.60/SF
− Vacancy
−$2.5K −$1.25/SF
EGI
$46.4K $23.35/SF
− OpEx
−$20.9K −$10.51/SF
NOI
$25.5K $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%
$510,520
Cap Rate 7%
$364,657
Cap Rate 9%
$283,622
Alternative Uses
Best Use
Apartment 5plus
$364.7K
$319.1K – $425.4K
NOI $25,526 @ 7.0% cap · market cap 3.55%
Second Best
Multifamily LT 5
$348.7K
$305.1K – $406.8K
NOI $24,410 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$536.6K
$469.5K – $626.1K
NOI $37,563 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 97007, OR
48,280
Population
19,420
Households
2.5
Avg Household Size
39
Median Age
54%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
2,582
Density / Sq Mi
$116,667
Median Household Income
$62,446
Median Earnings
$1,792
Median Rent
$582,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two single-level residences feature private yards, separate garages, and direct access to the Westside Regional Trail.
Where is this duplex located?
The property is located at 15789 SW VILLAGE Cir Beaverton, OR.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Two single‑level residences totaling 1,988 square feet; 2019 updates include windows, flooring, water heaters, gutters, kitchens, and bathrooms; Each side has a detached garage plus an additional parking space
