6420 Southwest 124th Avenue

Beaverton, OR 97008

$3,275,000
Price
—
Beds
12,020 Sq. Ft.
$272 / Sq. Ft.
12,020
Sq. Ft.
$272
per Sq. Ft.
a view of building

Description

Fantastic opportunity to own well-cared-for income property in Beaverton! This 13-unit complex boasts 8 two-bedroom/one-bathroom units and 5 three-bedroom/two-bathroom units with very long term tenants! All rents are month-to-month and most tenants have a 10+ year rental history! With historically low maintenance and upkeep, this property easily cash-flows with typical commercial loan down payment and financing. Enjoy easy access and proximity to downtown Beaverton, Washington Square, and local restaurants...Fantastic opportunity to own well-cared-for income property in Beaverton! This 13-unit complex boasts 8 two-bedroom/one-bathroom units and 5 three-bedroom/two-bathroom units with very long term tenants! All rents are month-to-month and most tenants have a 10+ year rental history! With historically low maintenance and upkeep, this property easily cash-flows with typical commercial loan down payment and financing. Enjoy easy access and proximity to downtown Beaverton, Washington Square, and local restaurants and shopping. Some apartments have had recent updates including updated bathrooms and kitchens!
  1. Listed by Patrick Smith • Century 21 North Homes Realty • 503-652-2260

Property Details for 6420 Southwest 124th Avenue

Parking Features
Assigned, Guest
Zoning
N/A
Parking Total
17.00
LISTING UPDATED: 08/23/2024 11:18 AM

Property Details for 6420 Southwest 124th Avenue

StatusActive
MLS #24384701
Days on Market176
Taxes$19,940 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1971
Lot Size0.59 AC / 25,700 SF
CountyWashington County

Building Information for 6420 Southwest 124th Avenue

Stories2Residences13Year Built1971Building Size-Lot Size0.59 AC / 25,700 SF

Property Information for 6420 Southwest 124th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: HWY 217 to W on Allen to S on 124th
  • Road Surface: Paved
School Information
  • Elementary School: Vose
  • High School: Southridge
  • Middle Or Junior School: Whitford
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $19,940.07
  • Parcel Number: R193347
  • Tax Legal Description: ACRES 0.59
Property
Lot Information
  • Acres: 0.59
  • Lot Description: Level
  • Lot Size Square Feet: 25700.0
  • 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
  • Property Condition: Approximately
  • Year Built: 1971
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 13
  • Gross Income Actual: $186,200.00
  • Gross Income Projected: $208,380.00
  • Gross Rent Multiplier: $17.59
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $127,534.00
  • Net Income Projected: 146780
  • Operating Expenses Projected: $61,600.00
  • Operating Expense: $58,666.00
  • Storage: Deck, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type10, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8, Unit Type Type9
  • Common Amenities: All Landscaping, Laundry
  • SqFt Approximate Building Total: 12020
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 1 Rent: $1,255
  • Unit Type 1 SqFt: 810.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 2 Rent: $1,245
  • Unit Type 2 SqFt: 810.0
  • 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: Disposal, Microwave, Range, Refrigerator
  • Unit Type 3 Rent: $1,170
  • Unit Type 3 SqFt: 810.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 4 Rent: $1,205
  • Unit Type 4 SqFt: 810
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 5 Rent: $1,370
  • Unit Type 5 SqFt: 810.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 6 Rent: $1,295
  • Unit Type 6 SqFt: 810.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 1
  • Unit Type 7 Beds Total: 2
  • Unit Type 7 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 7 Rent: $1,260
  • Unit Type 7 SqFt: 810
  • Unit Type 7 Units Total: 2
Unit 8 Information
  • Unit Type 8 Baths Total: 2
  • Unit Type 8 Beds Total: 3
  • Unit Type 8 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 8 Rent: $1,440
  • Unit Type 8 SqFt: 1110.0
  • Unit Type 8 Units Total: 2
Unit 9 Information
  • Unit Type 9 Baths Total: 2
  • Unit Type 9 Beds Total: 3
  • Unit Type 9 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 9 Rent: $1,330
  • Unit Type 9 SqFt: 1110.0
  • Unit Type 9 Units Total: 1
Unit 10 Information
  • Unit Type 10 Baths Total: 2
  • Unit Type 10 Beds Total: 3
  • Unit Type 10 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 10 Rent: $1,520
  • Unit Type 10 SqFt: 1110.0
  • Unit Type 10 Units Total: 1

Property History for 6420 Southwest 124th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6420 Southwest 124th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$19,940 ($1,662 / month)
Home Facts
Lot Size25,700 SqFtStyleMulti-Family Res (5+ Units)ZoningR1CountyWASHINGTONAPN1S122BB-02700

Schools near 6420 Southwest 124th Avenue

This home is within Beaverton School District 48j.
Rating
School
Type
Grades
Distance
Vose Elementary School
Public - PK to 5
Whitford Middle School
Public - 6 to 8
Southridge High School
Public - 9 to 12
Flex Online School
Public - K to 12
Rating
School
Distance
Vose Elementary School
PublicPK to 5

Whitford Middle School
Public6 to 8

Southridge High School
Public9 to 12

Flex Online School
PublicK 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 6420 Southwest 124th Avenue, Beaverton, OR 97008

6420 Southwest 124th Avenue is a multi-family home for sale in Beaverton, OR 97008. This property was listed for sale on June 28, 2024 by Century 21 North Homes Realty, it's currently listed at $3,275,000. It has been on the market for a total of 176 days and was last sold on October 28, 2011. This listing's school district is Beaverton School District 48j. Nearby schools include Vose Elementary School, Whitford Middle School and Southridge High School. 6420 Southwest 124th Avenue is a 0-bed, 0-bath, 12,020 sqft multi-family home built in 1971.

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 Century 21 North Homes Realty

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 © 2024 RMLS, Portland, Oregon. Last updated: 08/23/2024 11:18 AM