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1046 NE 17TH AVE Hillsboro, OR $ 3,150,000
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1046 NE 17TH AVE
$ 3,150,000
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1046 NE 17TH AVE

Hillsboro, OR, 97124
$ 3,150,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 19,395

1046 NE 17TH AVE, Hillsboro, OR 97124 - Image 1
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Multi-Family Home for sale in Hillsboro, OR

for $3,150,000 with 6 bedrooms and 4 full baths. This home was built in 1975 on a lot size of 0.94.

Welcome to your next investment opportunity.This well-maintained 18-unit apartment complex is located in a desirable neighborhood with convenient access to shopping, major roadways, and daily amenities.The property is owner-managed and 100% occupied, reflecting stable operations. An on-site laundry room provides additional income. All rental agreements are month-to-month, except for one unit with approximately five months remaining on its lease.No rent increases have been implemented in the past 13 months, offering immediate upside potential for a new owner.Please do NOT disturb tenants.No site visits without a scheduled appointment.

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 21,133

Style

Lot Size

0.94

Year Built

1975

Town/City

Hillsboro

County/Region

Washington

MLS | Web ID

667222586
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning MR2
Year Built 1975
Stories Count 2
Tax Year 2025
Parcel Number R711536
Gross Income 302439.0
Community Features Laundry
County Washington
Net Operating Income 199146.0
Operating Expense 103293.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Cornell Rd go N on NE 17th Ave
High School Liberty
City Hillsboro
Number Of Units Total 18
MLS Area _152
Lot Size Square Feet 40946.0
Listing Terms Cash Conventional
Elementary School Mooberry
Tax Annual Amount 21133.3
Middle/Junior High School Poynter
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HILLSBORO ACRES LOT PT 19 ACRES 0.94
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 2
Unit 3 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Open
Lot Features Level
Water Source PublicWater
Total Parking 38.0
Exterior Description Panel WoodSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.94
Road Surface Type Paved
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Internal Only
Street Number 1 1046
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* Excluded Features
List By
Great Western Real Estate Co

Broker

GreatWesternRE@gmail.com

Contact

Affordability Calculator

$21,156
Per Month
92%
8%
0%
Monthly Principal & Interest
$19,395
Monthly Property Taxes
$1,761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4587101 Elementary School
1950045 Middle School
Liberty High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2026$3,150,000 Listed Price

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1046 NE 17TH AVE, Hillsboro, OR, 97124 is a Multi-Family Home for sale at $3,150,000 with a lot size of 0.94. 1046 NE 17TH AVE has 6 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 97124 which is in Hillsboro, OR

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