115 SE 8TH AVE $620,000


    115 SE 8TH AVE Hillsboro, OR 97123

    SOLD 12/3/2020


    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 20565149
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    Views: 107

    Property Details


    Turnkey triplex opportunity.Well maintained row homes that are always leased.Each unit is already set up to be sold separately with established individual tax lots,sewer lines,and meters.Newer flooring, all appliances included,covered front porch,and fenced back yard with decks.Renters pay all utilities.Current rents below market.Unit 115 is vacant to view and set your own rent.Blocks from max line.Walk to Downtown Hillsboro. Please do not disturb tenants and use Covid 19 viewing guidelines.

    • General Features
      • Area Hillsboro, Forest Grove
      • Bank Owned Y/N No
      • Capitalization Rate 2.92
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 29388
      • Gross Rent Multiplier 23.82
      • Heating Description Forced Air
      • Hot Water Description Electricity,Tank
      • Net Income Actual 20428
      • Number Of Units Total 3
      • Occupancy Types Leased,Vacant
      • Operating Expenses Actual 8960
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 2
      • Supplement Number 0
      • Tax Amount 5898.00
      • Terms Call Listing Agent,Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included None
      • View Y/N No
      • Water Description Public
      • Year Built 2002
      • Zoning SCR-DNC
    • Building Features
      • Basement Crawl Space
      • Basement1 Concrete Perimeter
      • Exterior Description Wood Siding
      • SqFt Approximate Building Total 2652
      • Unit Type1 Baths Total 2
      • Unit Type1 Beds Total 2
      • Unit Type1 Features Deck,Dishwasher,Refrigerator,Washer/Dryer
      • Unit Type1 Rent 980
      • Unit Type1 SqFt 924
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 2
      • Unit Type2 Beds Total 2
      • Unit Type2 Features Deck,Range,Refrigerator,Washer/Dryer
      • Unit Type2 Rent 980
      • Unit Type2 SqFt 924
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 2
      • Unit Type3 Beds Total 2
      • Unit Type3 Features Deck,Dishwasher,Refrigerator,Washer/Dryer
      • Unit Type3 Rent 0
      • Unit Type3 SqFt 924
      • Unit Type3 Units Total 1
      • UnitFeatures Deck,Dishwasher,Range,Refrigerator,Washer/Dryer
      • UnitTypeType 1,2,3
    • Room Features
      • Legal Description THOMAS PLACE, LOT 3, ACRES .03, THOMAS PLACE, LOT 2, ACRES .02, THOMAS PLACE, LOT 1, ACRES .03
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description On Busline,Level,Private
      • Lot Size 3,000 to 4,999 SqFt
      • Property Category Multi Family
      • Roof Type Composition
    • Schools
      • Elementary School Lincoln
      • High School Hillsboro
      • Middle School Poynter


    97123 (Hillsboro) Demographics

    35 Median Age
    889 Population Density (per sq. mile)
    37% College Educated
    $66,517 Estimated Median Income
    10,362 Estimated Total Home Owners
    5,019 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    47,729 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $518,400 Median Sales Price
    79 Homes Sold
    93 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        12/3/2020 12:00:00 AM Sold Source: Multiple Listing Service New Value: $620,000
        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 Oregon First Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 9/23/2021 3:24:29 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.