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Two-Home Multifamily Property
For Sale
$937,000

7006 NE ELM St, Hillsboro, OR 97124

MultiFamily, Hillsboro, OR

Property SizeContact for details
Lot Size0.23 Acres
Days on Market187

Property Features for 7006 NE ELM St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning unavail
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3
Elementary school Orenco
Middle school Poynter
High school Liberty
Directions NE Cornelius Pass Rd, West on NE Quatama St, High on NE 69th Ave, Right on NE Elm St.
Subdivision _152
Standard status Active
APN R727137
Lot size 0.23 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description ACRES 0.23
Tax Annual Amount 5191
Legal Description ACRES 0.23

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Roof type Composition, Shingle
Buildings 2
Listing Agency: Premiere Property Group, LLC
Listed By: Dag Mavrolas
Added: Apr 23 Changed: Oct 25 Last Checked: Oct 26 at 5:06AM
MLS# 675562098

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.

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Investment Insights

Based on property information with market context.

Set on 0.23 acres, the property includes two residences. The one-level cottage, built in 1935 and remodeled, has 916 square feet and two bedrooms; it is used as a short-term rental. A second, two-story home added in 2005 provides 3,079 square feet, four bedrooms and three full bathrooms. Exposed beams extend across both floors, while wainscoting and a fireplace with built-in cabinetry define the main living area.

Forced-air heating and central air conditioning serve the property. The grounds include a maintained garden and yard.

Key Highlights

  • Two residences on a 0.23‑acre property
  • 1935 cottage: remodeled, one level, 916 square feet and 2 bedrooms
  • Two‑story home added in 2005: 3,079 square feet, 4 bedrooms and 3 full bathrooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residences include a remodeled cottage used as a short-term rental and a larger two-story home.
Where is this multifamily property located?
The property is located at 7006 NE ELM St Hillsboro, OR.
What is the asking price?
The asking price for this property is $937,000.
What are key features of this property?
This property features: Two residences on a 0.23‑acre property; 1935 cottage: remodeled, one level, 916 square feet and 2 bedrooms; Two‑story home added in 2005: 3,079 square feet, 4 bedrooms and 3 full bathrooms
More about this property
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