18310 Southwest Shaw Street

Beaverton, OR 97078

$3,000,000
Price
—
Beds
15,363 Sq. Ft.
$195 / Sq. Ft.
15,363
Sq. Ft.
$195
per Sq. Ft.
a front view of a house with garden
a front view of a house with a yard and garage
a view of street with parked cars
a view of a street with cars
a street view with wooden fence and trees
a car parked in front of a house
a view of street with parked cars

Description

18-unit Beaverton apartment building with value-add potential. Property has always had low vacancy and very long-term tenants. Rents were historically low with increases over the last few years and continued room for improvement. Very walkable to transportation, shopping, restaurants, food carts, and services in evolving Aloha, sandwiched between hot Beaverton and Hillsboro markets. Most units have patios/balconies, wall AC units, wood-burning fireplace, dishwashers, and refrigerators. Well-cared...18-unit Beaverton apartment building with value-add potential. Property has always had low vacancy and very long-term tenants. Rents were historically low with increases over the last few years and continued room for improvement. Very walkable to transportation, shopping, restaurants, food carts, and services in evolving Aloha, sandwiched between hot Beaverton and Hillsboro markets. Most units have patios/balconies, wall AC units, wood-burning fireplace, dishwashers, and refrigerators. Well-cared for property with onsite laundry facility. Nestled in a high-demand location, this asset offers substantial upside through strategic lease-ups, comprehensive unit turnovers, and targeted expense efficiencies.
  1. Listed by Teri Arnett • RE/MAX Equity Group
  2. Listed by Amanda Fode • RE/MAX Equity Group

Property Details for 18310 Southwest Shaw Street

Parking Features
Assigned
Zoning
Multi
Parking Total
32.00
LISTING UPDATED: 08/26/2024 02:50 PM

Property Details for 18310 Southwest Shaw Street

StatusActive
MLS #24605856
Days on Market180
Taxes$21,112 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size0.68 AC / 29,620 SF
CountyWashington County

Building Information for 18310 Southwest Shaw Street

Stories2Residences18Year Built1968Building Size-Lot Size0.68 AC / 29,620 SF

Property Information for 18310 Southwest Shaw Street

Summary
Location and General Information
  • Country: US
  • Directions: SW Shaw Street between 170th and 185th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Aloha-Huber Prk
  • High School: Aloha
  • Middle Or Junior School: Mountain View
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $21,112.40
  • Parcel Number: R48291
  • Tax Legal Description: ACRES 0.68
Property
Lot Information
  • Acres: 0.68
  • Lot Description: Level, On Busline
  • Lot Size Square Feet: 29620.0
  • Lot Size Dimension: 29,621 SF
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1968
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Panel
  • Roof Type: Flat
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
  • Gross Income Actual: $289,718.00
  • Gross Income Projected: $318,078.00
  • Gross Rent Multiplier: $10.35
  • Investor Information: Profit Loss Statement
  • Net Income Actual: $177,152.00
  • Net Income Projected: 196402
  • Operating Expenses Projected: $121,675.00
  • Operating Expense: $112,565.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 15363
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Deck, Dishwasher, Fireplace
  • Unit Type 1 Rent: $1,387
  • Unit Type 1 SqFt: 867.0
  • Unit Type 1 Units Total: 16
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Deck, Dishwasher, Fireplace
  • Unit Type 2 Rent: $1,315
  • Unit Type 2 SqFt: 894.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Deck, Dishwasher, Fireplace
  • Unit Type 3 Rent: $1,200
  • Unit Type 3 SqFt: 600.0
  • Unit Type 3 Units Total: 1

Schools near 18310 Southwest Shaw Street

This home is within Beaverton School District 48j.
Rating
School
Type
Grades
Distance
Aloha-Huber Park School
Public - PK to 8
Mountain View Middle School
Public - 6 to 8
Aloha High School
Public - 9 to 12
International School Of Beaverton--High
Public - 6 to 12
Rating
School
Distance
Aloha-Huber Park School
PublicPK to 8

Mountain View Middle School
Public6 to 8

Aloha High School
Public9 to 12

International School Of Beaverton--High
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 18310 Southwest Shaw Street, Beaverton, OR 97078

18310 Southwest Shaw Street is a multi-family home for sale in Beaverton, OR 97078. This property was listed for sale on June 25, 2024 by RE/MAX Equity Group, it's currently listed at $3,000,000. This listing's school district is Beaverton School District 48j. Nearby schools include Aloha-Huber Park School, Mountain View Middle School and Aloha High School. 18310 Southwest Shaw Street is a 0-bed, 0-bath, 15,363 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Equity Group

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