5636-5648 Southwest Beaverton Hillsdale Highway

Portland, OR 97221

$2,950,000
Price
—
Beds
—
Baths
11,750 Sq. Ft.
$251 / Sq. Ft.
11,750
Sq. Ft.
$251
per Sq. Ft.
a car parked in front of a house
a view of street with parked cars
a view of a street with a house in the background
a view of a street
a car parked on the side of the road
an aerial view of multiple house
an aerial view of a city
an aerial view of a house with yard
a kitchen with a sink and cabinets
a bathroom with a sink and a mirror

Description

Located on Beaverton Hillsdale HWY, between two of SouthwestPortland’s more desirable neighborhoods, Raleigh Hills & Hillsdale, the Raleigh Heights apartments provide residents with an exceptional location and investors with a value-add opportunity. The 17-unit complex has a national grocery store, pharmacy, coffee shop, and several restaurants within one block. Additionally, the Portland Athletic Club sits across the street. High frequency public transportation allows easy access to downtown Portland...Located on Beaverton Hillsdale HWY, between two of SouthwestPortland’s more desirable neighborhoods, Raleigh Hills & Hillsdale, the Raleigh Heights apartments provide residents with an exceptional location and investors with a value-add opportunity. The 17-unit complex has a national grocery store, pharmacy, coffee shop, and several restaurants within one block. Additionally, the Portland Athletic Club sits across the street. High frequency public transportation allows easy access to downtown Portland and downtown Beaverton. Built in 1974 & 1978 and comprised of one and two-bedroom units, Raleigh Heights offers a park-like setting with many units having territorial views and several having private decks or patios. The complex has new gutters, and the newly striped parking lot has ample parking for tenants and guests. Please do not disturb residents.
  1. Listed by Glenna Cooke • GA Cooke Real Estate Services

Property Details for 5636-5648 Southwest Beaverton Hillsdale Highway

Parking Features
Driveway, Off Street
Zoning
RM2
View
Territorial
Parking Total
21.00
LISTING UPDATED: 10/10/2024 01:14 PM

Property Details for 5636-5648 Southwest Beaverton Hillsdale Highway

StatusActive
MLS #24172145
Days on Market147
Taxes$36,732 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1974
Lot Size0.82 AC / 35,719 SF
CountyMultnomah County

Building Information for 5636-5648 Southwest Beaverton Hillsdale Highway

Stories2Residences17Year Built1974Building Size-Lot Size0.82 AC / 35,719 SF

Property Information for 5636-5648 Southwest Beaverton Hillsdale Highway

Summary
Location and General Information
  • Country: US
  • Directions: Located due South of SW Beaverton Hillsdale HWY and SW 56th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $36,732.00
  • Parcel Number: R237923, R111056
  • Tax Legal Description: PARTITION PLAT 1993-74, LOT 2 TL 900
Property
Lot Information
  • Acres: 0.82
  • Lot Size Square Feet: 35719.0
  • 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
  • Year Built: 1974
Utilities
  • Fuel Description: Electricity
  • Heating Description: 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: Lap Siding, T111Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Crawl Space, None
  • Foundation Details: Concrete Perimeter, Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 17
  • Gross Income Actual: $243,908.00
  • Gross Income Projected: $271,952.00
  • Gross Rent Multiplier: $12.09
  • Investor Information: Profit Loss Statement
  • Net Income Actual: $160,602.00
  • Net Income Projected: 176490
  • Operating Expenses Projected: $95,462.00
  • Operating Expense: $83,307.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 11750
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Refrigerator
  • Unit Type 1 Rent: $1,325
  • Unit Type 1 SqFt: 634.0
  • Unit Type 1 Units Total: 13
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator
  • Unit Type 2 Rent: $1,595
  • Unit Type 2 SqFt: 877.0
  • Unit Type 2 Units Total: 4

Schools near 5636-5648 Southwest Beaverton Hillsdale Highway

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Hayhurst Elementary School
Public - K to 8
Gray Middle School
Public - 6 to 8
Ida B. Wells-Barnett High School
Public - 9 to 12
Opal School Of The Portland Children's Museum
Charter - K to 5
Rating
School
Distance
Hayhurst Elementary School
PublicK to 8

Gray Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Opal School Of The Portland Children's Museum
CharterK to 5

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 5636-5648 Southwest Beaverton Hillsdale Highway, Portland, OR 97221

5636-5648 Southwest Beaverton Hillsdale Highway is a multi-family home for sale in Portland, OR 97221. This property was listed for sale on October 10, 2024 by GA Cooke Real Estate Services, it's currently listed at $2,950,000. This listing's school district is Portland School District 1j. Nearby schools include Hayhurst Elementary School, Gray Middle School and Ida B. Wells-Barnett High School. 5636-5648 Southwest Beaverton Hillsdale Highway is a 0-bed, 0-bath, 11,750 sqft multi-family home built in 1974.

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 GA Cooke Real Estate Services

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 10/10/2024 01:14 PM