Meticulously Maintained Fourplex in
3420 Southwest 126th Avenue, Beaverton, OR 97005
Fully rented fourplex in Central Beaverton near shopping and freeway.
Type:Multi Family
Property size:
3,991 SFPrice / SF:
$248/SF- Added:
- Sep 5, 2025
- Days on Market:
- 269
- Last Refresh:
- May 15 at 11:17 pm
Property Features for 3420 Southwest 126th Avenue
General Information
- Standard status
- Active
- Size
- 3,991 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1969
Listing agent Jimmy Robinson License #201232654 (971) 678-3767
Listing office MORE Realty (971) 678-3767
Listing date Sep 5, 2025
Source Compass
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 MORE Realty
HighLights
- Meticulously maintained fully rented fourplex in Central Beaverton.
- Great investment opportunity with positive cash flow.
- Located minutes to Cedar Hills shopping, groceries, restaurants and freeway access.
- All units have their own washer/dryer for laundry (most units).
- Newer roof.
- Four covered carport parking spaces, plus three extra spaces.
Overview
This is a rare opportunity to acquire a meticulously maintained, fully rented fourplex located in Central Beaverton. It presents a great investment opportunity, situated minutes from Cedar Hills shopping, groceries, restaurants, and freeway access. All units are one level. Two units feature 3 bedrooms and 2 bathrooms, while the other two units offer 2 bedrooms and 1 bathroom. Each unit is equipped with its own washer and dryer for laundry, all of which are included in the sale, except for the washer and dryer in unit 3438, which are tenant-owned. The property has a newer roof. The lower units have large back patios, and the upper units have decks measuring 13x15. There are 4 covered carport parking spaces, plus 3 extra spaces. The property size is 3991 square feet.
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 | $98.2k | $24.60 |
| − Vacancy | −$5.0k | −$1.25 |
| EGI | $93.2k | $23.35 |
| − OpEx | −$41.9k | −$10.51 |
| NOI | $51.2k | $12.84 |
3,991 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$732.1K
$640.6K – $854.1K
NOI $51,244 @ 7.0% cap · market cap 5.18%
Second Best
Multifamily LT 5
$700.0K
$612.5K – $816.7K
NOI $49,003 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.08M
$942.6K – $1.26M
NOI $75,409 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.8063409
- Latitude
- 45.4952331
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully rented fourplex in Central Beaverton near shopping and freeway.
Where is this quadplex located?
The property is located at 3420 Southwest 126th Avenue Beaverton, OR.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Meticulously maintained fully rented fourplex in Central Beaverton.; Great investment opportunity with positive cash flow.; Located minutes to Cedar Hills shopping, groceries, restaurants and freeway access.
