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    Hillsboro, OR
    Triplex

    Hillsboro, OR Triplexes for Sale

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    Beaverton, OR Portland, OR Sheridan, OR Tigard, OR North Plains, OR Cornelius, OR Lake Oswego, OR King City, OR
    Updated Triplex with Private Yards
    Updated: Jan 30
    Updated Triplex with Private Yards

    121 SE 8TH Ave, Hillsboro, OR 97123

    $1,049,999
    2,652 sqft 0.02 AC lot
    Three townhome‑style units, each with 2 bedrooms and 1.1 baths
    2,652 square feet on a 0.02‑acre lot; built in 2002
    Each unit has its own tax lot and separate tax ID
    New composition roof and appliances installed in 2024
    Private fully fenced yards with new Trex decking added in 2025
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    This listing looks promising.

    Here's a quick look at some key insights for

    121 SE 8TH Ave, Hillsboro, OR 97123

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $569K
      Suggested

    • Property Type

      Single Family Residence
      Built 2002
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    Updated Three-Unit Townhome Triplex
    Updated: Jan 30
    Updated Three-Unit Townhome Triplex

    121 SE 8TH AVE, Hillsboro, OR 97123

    $345,000
    Three townhome units, each on its own tax lot
    Each unit includes 2 bedrooms and 1.1 baths
    New roof installed in 2024
    New washers, dryers, and refrigerators added in 2024
    Private fenced yards with Trex decking installed in 2025
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hillsboro, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Multifamily Portfolio
    Modern Multifamily Portfolio

    7560 N Emerald Ave, Portland, OR 97217

    $64,000,000
    170,005 sqft 6.48 AC lot

    Newer residential rental assets span Portland and select Oregon Coast locations.

    View details
    CM2 Mixed-Use Triplex
    CM2 Mixed-Use Triplex

    7521 N GLOUCESTER Ave N, Portland, OR 97203

    $650,000
    3,892 sqft 0.10 AC lot

    Three-unit triplex in CM2 zoning with basement storage, shared outdoor space, and coin-op laundry, all units leased.

    View details
    Remodeled Legal Triplex with Vacant Lot
    Remodeled Legal Triplex with Vacant Lot

    1120 Southwest Broadway Drive, Portland, OR 97201

    $850,000
    515 sqft

    Three fully remodeled units with in-unit washer/dryers and quartz countertops, plus an included adjacent vacant lot.

    View details
    Single-Level Triplex with Patios
    Single-Level Triplex with Patios

    6974 Sw 201st Ave, Beaverton, OR 97078

    $695,000

    Three two-bedroom units include private outdoor space, laundry areas, and fenced yards.

    View details

    Hillsboro, OR Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Hillsboro, OR on our real estate platform. These investment opportunities span a total of 2,652 square feet of properties for sale, with an estimated market value of $1,394,999.

    Sale prices for three-family homes in Hillsboro, OR start at $345,000, averaging $697,499, and reaching up to $1,049,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 8
    Apartment buildings 3
    Short term rental properties 2
    Triplexes 2

    Demographics Overview

    Population 176K
    Population Growth (5Y) -12.4%
    Median Household Income $103,449
    College Educated 47.4%

    High-Yield Neighborhoods for Investment

    Identify Hillsboro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97123 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $14.63 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Hillsboro fall within the 100,000+ square foot range.

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