4-Unit Townhouse-Style
For Sale
$999,999
19707 SW 68TH AVE, Tualatin, OR 97062
Two-level residences combine open layouts, private garages, and washer/dryer connections.
Property Size4,160 SF
Price / SF$240.38
Days on Market149
Property Features for 19707 SW 68TH AVE
General Information
Standard status
Active
Size
4,160 SF
Property subtype
MULTI_FAMILY
Taxes and HOA fees
Annual Taxes
$7,995
Building Details
Building Size
4,160 SF
Year Built
1978
Listing Agency:
Century 21 North Homes Realty
Listed By:
Terri Boughton · License #881000055
(503) 652-2260
Source:
Woodlandwa
Added: Jun 7
Changed: Nov 2
Last Checked: Nov 2 at 2:36AM
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 Century 21 North Homes Realty
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Investment Insights
Based on property information with market context.
This 4,160-square-foot quadplex contains four two-level townhouse-style residences, each with an open floor plan, washer/dryer hookups, and garage parking. The unit mix includes one four-bedroom, 2.5-bath home, one three-bedroom, two-bath home, and two two-bedroom homes with 1.1 baths each. End units have access to backyard areas. The property was built in 1978.
Recent work includes a new roof and siding, upgraded windows, new carpeting, and interior and exterior painting. As of June 15, 2026, all four residences are rented month-to-month. Rent includes landscaping, sewer, water, and garbage service. The property is near Meridian Park and Bridgeport Shopping Center.
Recent work includes a new roof and siding, upgraded windows, new carpeting, and interior and exterior painting. As of June 15, 2026, all four residences are rented month-to-month. Rent includes landscaping, sewer, water, and garbage service. The property is near Meridian Park and Bridgeport Shopping Center.
Key Highlights
- Four residences totaling 4,160 square feet
- Unit mix: one 4‑bedroom, 2.5‑bath home; one 3‑bedroom, 2‑bath home; and two 2‑bedroom, 1.1‑bath homes
- Two‑level townhouse‑style layouts with open floor plans and washer/dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,414
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,068,280
$1.1M
Cap Rate 7%
$763,057
$763.1K
Cap Rate 9%
$593,489
$593.5K
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$102.3K $24.60/SF
− Vacancy
−$5.2K −$1.25/SF
EGI
$97.1K $23.35/SF
− OpEx
−$43.7K −$10.51/SF
NOI
$53.4K $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 Rate 5%
$1,068,280
Cap Rate 7%
$763,057
Cap Rate 9%
$593,489
Alternative Uses
Best Use
Apartment 5plus
$763.1K
$667.7K – $890.2K
NOI $53,414 @ 7.0% cap · market cap 5.34%
Second Best
Multifamily LT 5
$729.7K
$638.5K – $851.3K
NOI $51,078 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.12M
$982.5K – $1.31M
NOI $78,602 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
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Business Placement
Demographics for 97062, OR
29,146
Population
11,659
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
2,053
Density / Sq Mi
$106,987
Median Household Income
$51,753
Median Earnings
$1,721
Median Rent
$607,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-level residences combine open layouts, private garages, and washer/dryer connections.
Where is this quadplex located?
The property is located at 19707 SW 68TH AVE Tualatin, OR.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Four residences totaling 4,160 square feet; Unit mix: one 4‑bedroom, 2.5‑bath home; one 3‑bedroom, 2‑bath home; and two 2‑bedroom, 1.1‑bath homes; Two‑level townhouse‑style layouts with open floor plans and washer/dryer hookups
