Townhome Style Fourplex in
18440 Southwest Johnson Street Beaverton, OR 97003
18440 Southwest Johnson Street, Beaverton, OR, 97003
$1,100,000
For Sale
$1,100,000
Fourplex with garages, yards, and in a great location.
Property Size4,200 SF
Price / SF$261.90
Days on Market127
Property Features for 18440 Southwest Johnson Street
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1997
Listing Agency
Metro Group Realty
(503) 341-5026
Listed by
Thomas DeMonbrun · License #911100021
(503) 341-5026
Source
Compass
Added: Mar 13 Checked: Jul 16 at 3:49 am
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 Metro Group Realty
Investment Insights
Based on property information with market context.
This townhome-style fourplex is located in a desirable area. The property consists of four units, each featuring three bedrooms and one and a half bathrooms. Each unit includes an attached one-car garage and two additional parking spaces. For convenience, each unit is equipped with its own private washer and dryer. Residents can enjoy outdoor living with a fully fenced small backyard and patio. A gas fireplace is included in each living room. Three units are currently rented to long-term tenants at $1,800 each, while one unit is rented at $1,700. The property has a total size of 4200 square feet.
Key Highlights
- Townhome‑style fourplex in a desirable location
- Each unit features 3 bedrooms and 1.5 bathrooms
- Each unit includes a private 1‑car garage and 2 additional parking spaces
Local 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 | $103.3k | $24.60 |
| − Vacancy | −$5.3k | −$1.25 |
| EGI | $98.1k | $23.35 |
| − OpEx | −$44.1k | −$10.51 |
| NOI | $53.9k | $12.84 |
4,200 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$770.4K
$674.1K – $898.8K
NOI $53,928 @ 7.0% cap · market cap 4.90%
Second Best
Multifamily LT 5
$736.7K
$644.6K – $859.5K
NOI $51,569 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.13M
$992.0K – $1.32M
NOI $79,358 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fourplex with garages, yards, and in a great location.
Where is this quadplex located?
The property is located at 18440 Southwest Johnson Street Beaverton, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Townhome‑style fourplex in a desirable location; Each unit features **3 bedrooms and 1.5 bathrooms**; Each unit includes a **private 1‑car garage** and 2 additional parking spaces
