Consistently producing four-plex in desirable Greenway neighborhood in Beaverton. Stable, long term tenants in place since 2005, 2011, 2015 and 2016 paying $77,520 combined annual rent. Net income in 2024 of $41,800 is before $820 per month combined rent increases, which took effect March 1, 2025 and scheduled to take effect March 1, 2026, yielding an additional $9,840 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
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