12380 SW WALNUT ST Tigard, OR $ 675,000
12380 SW WALNUT ST
$ 675,000
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12380 SW WALNUT ST

Tigard, OR, 97223
$ 675,000
Bedrooms4 Baths4.0 Sq 2,204

Monthly Estimate*

$ 4,662

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Multi-Family Home for sale in Tigard, OR

for $675,000 with 4 bedrooms and 4 full baths. This 2,204 square foot home was built in 1975 on a lot size of 0.27.

Excellent investment opportunity in an established Tigard neighborhood! This well-maintained, single-level duplex features two mirrored units, each offering 2 bedrooms, 2 bathrooms, and 1,102 square feet of comfortable living space. Beautiful vaulted ceilings create an open, airy feel, while mature fir trees and spacious, fully fenced backyards provide privacy and room to relax or entertain. Recent improvements include a new roof in 2020, water heaters in 2023, and several updated appliances. Conveniently located within 2 miles of Summerlake Park, Progress Ridge, and downtown Tigard, with shopping, dining, and recreation nearby. With a current 5.8% cap rate and a history of consistent occupancy, this property presents an attractive opportunity for investors seeking established rental performance. The versatile duplex layout also offers flexibility for a variety of ownership goals, including the potential for owner-occupied living with supplemental rental income.

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Multi-Family Active

Price

$ 675,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,688

Style

Lot Size

0.27

Year Built

1975

Town/City

Tigard

County/Region

Washington

MLS | Web ID

419914611

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning R 4.5
Garage Spaces 2.0
Year Built 1975
Stories Count 1
Tax Year 2025
Parcel Number R473428
Gross Income 49800.0
County Washington
Net Operating Income 39400.0
Operating Expense 10400.0
Property Type MultiFamily
HOA N
Subdivision Name Curl Acres
Rent Includes Sewer Water
Status Active
Directions 121st to Walnut W on Walnut
High School Tigard
City Tigard
Disclosures Disclosure
Number Of Units Total 2
MLS Area _151
Lot Size Square Feet 11761.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Mary Woodward
Tax Annual Amount 6688.53
Middle/Junior High School Fowler
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CURL ACRES BLOCK 2 LOT 2 ACRES 0.27
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Attached Driveway
Lot Features Level Trees
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2204.0
Lot Size Acres 0.27
Road Surface Type Paved
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Internal Only
Street Number 1 12380
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* Excluded Features
List By
John L. Scott

Broker

Blake@blakeregroup.com

Email

Affordability Calculator

$5,219
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,662
Monthly Property Taxes
$557
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
1950698 Elementary School
1951172 Middle School
Tigard High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$675,000 Listed Price

Map


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12380 SW WALNUT ST, Tigard, OR, 97223 is a Multi-Family Home for sale at $675,000 with 2,204 sqft and a lot size of 0.27. 12380 SW WALNUT ST has 4 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 97223 which is in Tigard, OR