8720 SE CLATSOP St, Happy Valley, OR 97086
MULTI_FAMILY - HappyValley, OR
- Added:
- Mar 5, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 9 at 6:06 pm
Property Features for 8720 SE CLATSOP St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MR1
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5, Bedroom 1
- Standard status
- Active
- APN
- 04002351,04002352
- Size
- 3,888 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- 12E28BA00300
- Tax Annual Amount
- 4522
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing agent Guo Chen (971) 678-2509
Listing office MORE Realty 9792 SW Nimbus Ave, Tigard, OR (503) 353-6673
Listing date Mar 5, 2026
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.
HighLights
- Former 4‑space mini mobile home park on a 0.40‑acre parcel, with 3 existing homes and 1 currently vacant site
- Year built: 2018 for two manufactured homes (each approx. 28' x 48') with 3 bedrooms and 2 bathrooms
- Third manufactured home built in 1971; may offer an option for removal or replacement
- Includes a combined 3,888 sq ft for the three existing manufactured homes (seller‑owned and included in the sale)
- County zoning indicates high‑density residential (buyer to verify all uses), with convenient access to I‑205
Overview
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 | $95.6k | $24.60 |
| − Vacancy | −$4.9k | −$1.25 |
| EGI | $90.8k | $23.35 |
| − OpEx | −$40.8k | −$10.51 |
| NOI | $49.9k | $12.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Happy Valley
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.572544
- Latitude
- 45.461222
