4355 RIVERVIEW AVE West Linn, OR $ 2,500,000
4355 RIVERVIEW AVE
$ 2,500,000
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4355 RIVERVIEW AVE

West Linn, OR, 97068
$ 2,500,000
Bedrooms3 Baths2.0 Sq 13,500

Monthly Estimate*

$ 15,785

4355 RIVERVIEW AVE, West Linn, OR 97068 - Image 1
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Multi-Family Home for sale in West Linn, OR

for $2,500,000 with 3 bedrooms and 2 full baths. This 13,500 square foot home was built in 1972 on a lot size of 1.02.

Riverview Heights presents a rare opportunity to acquire a 10-unitresidential income property in one of the Portland Metro’s most desirable and supply-constrained communities. West Linn’s constrained geography, top-rated schools, and consistent demand make it an exceptionally difficult market to replicate entry into.The property’s most distinctive feature is its six separate tax lots, a structural advantage unavailable in conventional multifamily product. Units can be sold individually over time, repositioned as owner-occupied housing, or transferred as part of estate and succession planning, giving investors a built-in exit strategy that adds long-term optionality to near-term cash flow.Each residence offers 3 bedrooms, 1.5 baths, private yards and decks, in-unit washer/dryer hookups, and dedicated parking — a combination that attracts stable, long-term tenants and supports below-market turnover. The uniform floor plan across all ten units keeps operations simple and management efficient.With immediate access to I-205 and SR-43, residents enjoy seamless connectivity to Lake Oswego, downtown Portland, and the broader South Metro. Riverview Heights is the kind of asset that rarely trades: quality housing in a premier submarket, with the flexibility to hold for income, sell units individually, or transfer wealth to the next generation, entirely on your terms.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,262

Style

Lot Size

1.02

Year Built

1972

Town/City

West Linn

County/Region

Clackamas

MLS | Web ID

440162462

Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Roof Flat
Zoning R-4.5
Garage Spaces 0
Security Features SecurityLights
Year Built 1972
Stories Count 3
Tax Year 2025
Parcel Number 00413948
Gross Income 255300.0
Waterfront Features RiverFront Seasonal
Community Features AllLandscaping
County Clackamas
Net Operating Income 156288.0
Operating Expense 86247.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Riverview
High School West Linn
City WestLinn
Disclosures Exempt
Number Of Units Total 10
MLS Area _147
Lot Size Square Feet 44431.0
Listing Terms Cash Conventional
Elementary School Sunset
Tax Annual Amount 3262.88
Middle/Junior High School Rosemont Ridge
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 36 TOWNSHIP 2S RANGE 1E QUARTER AD TAX LOT 00100
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Interior
Basement Daylight
Storage Deck
Hot Water Electricity Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit Type UnitTypeType1
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Exterior
Parking Features Assigned
Lot Features GentleSloping
Water Source PublicWater
Total Parking 20.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 13500.0
Lot Size Acres 1.02
Road Surface Type Paved
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Internal Only
Street Number 1 4355
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* Excluded Features
List By
Apex Residential

Broker

jordan@apexcre.com

Email

Affordability Calculator

$16,057
Per Month
98%
2%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$272
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.
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Nearby
1949204 Elementary School
1949073 Middle School
West Linn High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$2,500,000 Listed Price

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4355 RIVERVIEW AVE, West Linn, OR, 97068 is a Multi-Family Home for sale at $2,500,000 with 13,500 sqft and a lot size of 1.02. 4355 RIVERVIEW AVE has 3 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 97068 which is in West Linn, OR