12870 Allen Blvd Beaverton, OR 97005-4574
Property profile & analytics
12870 Allen Blvd Beaverton, OR 97005-4574
- Apartment buildings
- 7,520 SF
- 0.29 lot acres
Property ID
US71-0026257
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 12870 Allen Blvd
- Year built
- 1963
- Lot size
- 0.29 lot acres
- Property size
- 7,520 SF
- Zone code
- R2
- Property type
- Apartment buildings
- APN
- 1S121AA-02102
- APU
- 1S121AA02102
Description
This exceptional mixed-use investment opportunity presents a 10-unit apartment complex ideally situated at 12870 SW Allen Blvd in Beaverton, Oregon, zip code 97005. The property comprises four one-bedroom/one-bathroom units and six two-bedroom/one-bathroom units, offering spacious and functional living spaces for tenants. Recent significant capital improvements enhance the property's value and appeal, including a new roof (2018), new parking lot (2018/19), new exterior paint (2021), new perimeter fencing (2023), new insulation/vapor barrier (2023), and ongoing unit upgrades (2018-2024). The complex boasts on-site coin-operated laundry and off-street parking, with potential for future addition of storage lockers. Located in a thriving submarket of Beaverton (Washington County), with a population of approximately 100,000, the property benefits from proximity to major employers in Beaverton and neighboring suburbs, as well as easy access to Portland (less than 10 miles away). The Allen Blvd. District Plan, focusing on enhancing the area's livability and businesses, further positions this property for future growth. The property's combination of newer and long-term tenants contributes to a stable income stream. This rare opportunity to acquire a small apartment community in a rapidly developing area of Beaverton is priced at $1,890,000. The property's strong tenant base and recent upgrades make it an attractive investment prospect.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,811,000
- AI Estimate
- $1,811,000
Market price range: $1.34M - $3.40MMarket price range: $1.34M - $3.40M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,675,000 Current use
- MEDICAL BUILDING
- $2,400,000 Change: +43% Conversion: Moderate
- RESTAURANT
- $2,275,000 Change: +36% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,875,000 Change: +12% Conversion: Moderate
- RETAIL STORES
- $1,795,000 Change: +7% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,345,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.809
- Latitude
- 45.4763
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,864
$0.00
$0.00
$656,020
-
$330,000
$1,369,620
$1,699,620
