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About the Listing OPTT03 - SPEARBRI,PORTERBB
[PROPERTY OVERVIEW]This 4-Plex is simply the best! $87,480 INCOME per YEAR! Re-built down to the studs in 2006, this building has been meticulously maintained providing tenants with unparalleled comfort and all the amenities one could ask for - including; wood-burning fireplaces, decks, patios, fenced yards, air conditioning, storage units, in-unit washer/dryer, off-street assigned parking and exceptional finishes throughout. Each unit features custom crown molding, maintained in pristine, updated condition, and lives like a single-family home. Lower units feature large concrete patios for outdoor entertaining, creating private outdoor spaces that drive high tenant retention and premium rents. Recognized by the City of Beaverton’s Neighborhood Pride Program as a “Best Maintained Property” award recipient.[RECENT UPDATES]Property features 3-year New 40-year Malarkey Roof w/oversized gutters and easy-access downspouts, updated front Hardie Plank siding, (2) new water heaters installed 8/26, many new appliances, a newer 6' x 10' Tuff Shed, and new handrail. Unit C was recently updated with new carpet and newer washer/dryers. Unit A was updated in early 2026 with new flooring, paint and appliances.[SUMMARY]This is truly a turn-key 4-plex! Tenants love the location with neighborhood favorites like Whole Foods, Murrayhill Marketplace, Conestoga Rec Center and Greenway Park just blocks away. With $7,280 monthly income, this gem is selling at a 10.9 GRM and a 6.4% cap rate, making a perfect investment and an amazing owner-occupant opportunity.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: WallHeater
- Fireplaces:
- Floor:
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gated,Level
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: R2
- Roof: Composition,Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Assigned,Off Street
Financial Details
- Tax Amount: $9,764
- Taxes w/Assessments: N/A
- Tax/Property ID: R246184
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
12480 SW Gingham Ln Beaverton, OR 97008
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