444 SE 11TH AVE, Hillsboro, OR 97123

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List Price
$899,900
Days on Market
1
MLS#
484900135
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Hillsboro, Forest Grove
Status
ACTIVE

Property Description

Discover an exceptional opportunity to own a versatile, income-producing four-plex featuring four units across two separate buildings on a large lot. Whether you're looking to expand your rental portfolio with a turnkey investment or live in one unit while collecting rental income from the other three, this property offers flexibility and potential. Both buildings feature new roofs and fresh exterior paint, with many new windows throughout. The two units featured in the photos have been completely remodeled and updated, a third unit has been partially updated, and the fourth retains more of its original character, offering potential for further improvements. Each unit features hardwood floors, forced-air heating, air conditioning, and washer and dryer hookups. Outside, enjoy a beautifully landscaped central courtyard and the added privacy of a dedicated backyard space for each unit. Both buildings offer attached carports with a dedicated parking space for every tenant, plus individual storage units conveniently located in the carport area. Tucked away on a quiet street, this property combines a comfortable residential setting with excellent everyday convenience. The MAX light rail is just a five-minute walk away, providing easy access to transit, while Intel campuses are only minutes away. Nearby amenities include the library, Costco, Tuality Hospital, the Aquatic Center, and Shute Parks. With major exterior improvements already completed, a mix of updated interiors, private outdoor spaces, and practical tenant amenities, this four-plex presents an appealing opportunity for investors and owner-occupants alike. Enjoy the benefits of a multi-unit property with room to build equity, generate rental income, and make the most of a convenient location.

Additional Information

Tax Amount
$5,627
Year Built
1967
High School
Hillsboro
Elementary School
W.L. Henry
Middle School
South Meadows
Acres
0.25
Stories
1
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hoa Rent Includes
Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Lap Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Attached, Carport
Parking Description
Attached, Carport
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1795
Unit Type One Sq Ft
900
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1775
Unit Type Three Sq Ft
900
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1575
Unit Type Four Sq Ft
900
Unit Type Four Units Total
1

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Listing courtesy of MORE Realty.

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