17165 SW MERLO RD
Beaverton, OR, 97003 $ 1,095,000
Bedrooms10 Baths8.0 Sq 4,504 Monthly Estimate*
$ 6,914
for $1,095,000 with 10 bedrooms and 8 full baths. This 4,504 square foot home was built in 1975 on a lot size of 0.28.
Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Great mix of units, three units are townhome style and one unit is a one level.** Large spacious units, total living area is 4504 sq ft ***Large landscaped yards,total land area is 12,320 sq ft. All units have front and backyards ** Apartment #1 Ranch style,1 level,3 bedroom, 1.5 bath, 1144 sq ft with brick fireplace, large covered front porch, excellent for owner occupant.Apartment #2 Large townhome,3 bedroom, 1.5 bath,2 level,1440 sq ft (excellent for owner occupant,huge private fenced yard)Apartment #3 Townhouse, 2 bedroom,1.5 bath,2 level, 960 sq ft with front yard and fenced backyard.Apartment #4 Townhouse , 2 br, 1.5 bath,2 level,960 sq ft with front yard and fenced backyard. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.Current cap rate is low since one unit has been remodeled and the owner has kept it vacant for for viewing.Cap rate should be 5.80 % when empty unit is rented.Seller would consider an owner contract with a decent downpayment.
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FeaturesGeneralSewer PublicSewer
Heating Baseboard ForcedAir
Cooling WindowUnit
Roof Composition
Zoning Quad
Security Features SecurityLights
Year Built 1975
Stories Count 2
Tax Year 2025
Parcel Number R42313
Gross Income 80340.0
County Washington
Net Operating Income 65383.0
Operating Expense 14957.0
Property Type MultiFamily
HOA Y
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions TV Highway or Baseline to 170th then West on Merlo Road
High School Aloha
City Beaverton
Disclosures Disclosure
Number Of Units Total 4
MLS Area _150
Lot Size Square Feet 12196.0
Listing Terms Cash Contract Conventional
Elementary School Beaver Acres
Tax Annual Amount 8708.62
Middle/Junior High School Five Oaks
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BLACKBERRY SLOPE LOT 4 ACRES 0.28
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InteriorBasement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 3
Unit 3 Baths Total 2
Unit 3 Beds Total 3
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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ExteriorParking Features Assigned OffStreet
Lot Features PublicRoad
Water Source PublicWater
Total Parking 7.0
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 4504.0
Lot Dimensions 112 x 110
Lot Size Acres 0.28
Road Surface Type Paved
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* Excluded FeaturesList Byoregonrealtor@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,914
- Monthly Property Taxes
- $726
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Beaverton, OR
Average List Price $1,095,311
Percent of Sale Price 0%
About Beaverton, OR 98,270 Population
22% Since 2002
$ 62,975 Median Income
38.06 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949374 Elementary School
1949833 Middle School
Aloha High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/22/2026 | $1,095,000 | -2.67% | Price Down |
| 7/9/2026 | $1,125,000 | -4.26% | Price Down |
| 6/2/2026 | $1,175,000 | -4.08% | Price Down |
| 5/14/2026 | $1,225,000 | | Listed Price |