Consistently producing four-plex in desirable Greenway neighborhood in Beaverton. Stable, long term tenants in place since 2005, 2011, 2015 and 2016 paying $73,920 combined annual rent. Net income in 2024 of $41,800 is before $520 per month combined rent increase, which took effect March 1, 2025, yielding an additional $6,240 in gross income per year. Each unit has its own deck, dedicated parking spot, dishwasher, washer and dryer; all appliances including ranges and refrigerators are included. Energy-efficient vinyl windows. Easy to maintain laminate floors in living and dining rooms. Desirable location three blocks to Conestoga Rec Center, featuring two pools, two gyms, a dance and fitness room, weight room, four classrooms, a playground, seasonal “splash pad” and numerous programs for preschoolers and others. Desirable schools, including Greenway elementary and Southridge High. DO NOT DISTURB TENANTS.
SW Scholls Ferry Road, N on SW 125th, R on Conestoga, L on Lookout Terrace. On right.
Dwelling Type: MultiFamily
Subdivision: Greenway
Year Built: 1978, County: US
SW Scholls Ferry Road, N on SW 125th, R on Conestoga, L on Lookout Terrace. On right.
Listing is courtesy of Keller Williams Realty Professionals