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Single-Level Fourplex
New
For Sale
$899,900

15991 SW SUNSET Ct, Sherwood, OR 97140

MultiFamily, Sherwood, OR

Property SizeContact for details
Lot Size0.44 Acres
Days on Market2

Property Features for 15991 SW SUNSET Ct

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MDRL
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 1
View Territorial
Elementary school Archer Glen
Middle school Sherwood
High school Sherwood
Directions Take the 2nd exit to SW Murdock Rd, R on SW Sunset Blvd, R on SW Main St, R on SW Sunset Ct
Subdivision _151
Standard status Active
APN R557276
Lot size 0.44 Acres

Taxes and HOA fees

Tax Description ACRES 0.44. See attached Exhibit A.
Tax Annual Amount 7539
Legal Description ACRES 0.44. See attached Exhibit A.

Utilities

Heating system Baseboard

Amenities

fireplace
W/D hookups
large yard
paved parking

Building Details

Year built 1979
Floors in Building 1
Number of units 4
Roof type Composition
Listing Agency: Keller Williams Realty Professionals
Listed By: Rick Sadle · License #200505274
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 9 at 3:06PM
MLS# 509206570

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 contains four separate units arranged on a single level, offering a straightforward configuration within a 0.44-acre property. Unit features include fireplaces, washer and dryer hookups, and a combination of carpet and vinyl flooring. The building was constructed in 1979, with baseboard heating and a composition roof.

Positioned on a corner lot in Sherwood, the property includes a large yard and open paved parking areas. Its MDRL zoning and four-unit configuration support a multifamily ownership strategy, while the one-level layout provides a practical physical arrangement for residents and property operations.

Key Highlights

  • Four separate units in a single‑level configuration
  • 0.44‑acre corner‑lot property in Sherwood
  • Large yard with open paved parking areas

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Auto Repair Shop Real Estate Agency

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 97140, OR

28,365
Population
9,540
Households
3
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
44.6 sq mi
ZIP Area
636
Density / Sq Mi
$119,241
Median Household Income
$58,718
Median Earnings
$1,934
Median Rent
$618,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four-unit multifamily property with a corner-lot setting, large yard, and open paved parking.
Where is this quadplex located?
The property is located at 15991 SW SUNSET Ct Sherwood, OR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Four separate units in a single‑level configuration; 0.44‑acre corner‑lot property in Sherwood; Large yard with open paved parking areas
More about this property
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