11445 Southwest Greenburg Road

Sold 9/30/24

Last Sold Price

$1,400,000

7,272 sqft$193/sqft

11445 SW Greenburg Rd, Portland, OR 97223

Description

The Greenburg Townhomes are located in the strong sub-market of Tigard, Oregon and are comprised of 8 large townhome style units. Each apartment features 2 bedrooms and 1.5 baths, spacious floor plans, off-street parking, and private back patios. Tenants benefit from a unique oversized lot of nearly half an acre, with ample green space and is located nearby. The property has operated at a historically low vacancy, which is in line with the latest average vacancy rate reported for the Tigard submarket...The Greenburg Townhomes are located in the strong sub-market of Tigard, Oregon and are comprised of 8 large townhome style units. Each apartment features 2 bedrooms and 1.5 baths, spacious floor plans, off-street parking, and private back patios. Tenants benefit from a unique oversized lot of nearly half an acre, with ample green space and is located nearby. The property has operated at a historically low vacancy, which is in line with the latest average vacancy rate reported for the Tigard submarket 2BR townhome style units at 2.55% (Multi-Family NW, Fall 2023). This opportunity provides a new owner with a significant and realistic path to organically increase the revenue at lease renewals or turnovers (the average in place is approx. 10-15% below market). There is also a value-add component by implementing a RUBS system in the future, as there is not one currently in place. Excellent access to transportation, via 217, I-5, and 99W ? and along the path of progress as Tigard continues to make improvements in the surrounding areas. The property has been well maintained and provides a stable home for an investor, with a proven path to grow and get up to market rents.

LISTING CLOSED: 09/30/2024 12:00 AM

Listed by Greg Messick • RealtyNET, LLC

Property Details for 11445 Southwest Greenburg Road

Status

Sold

MLS #

24177213

Days on Market

137

Taxes

$12,113 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family

Year Built

1967

Lot Size

0.43 AC / 18,730 SF

County

Washington County

Subdivision

GREENBURG

Parking Features

Open

Zoning

Multi

Recent comparable sales

Median sold price

$1,295,000

Avg days on market

Sale-to-list ratio

88.9%

1/49

$1,790,000

Sold 06/06/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,400
Square Feet: 0.48
Acres

11380 Southwest Greenburg Road, Portland, OR 97223

a front view of a house with a yard and trees

1/21

$1,249,000

Sold 11/26/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,950
Square Feet: 0.39
Acres

12359 Southwest Walnut Street, Portland, OR 97223

1/18

$1,070,000

Sold 12/16/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,224
Square Feet: Unavailable
Acres

4921 Southwest 59th Avenue, Portland, OR 97221

1/17

$1,295,000

Sold 11/05/24

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.56
Acres

4250 Southwest Huber Street, Portland, OR 97219

1/39

$1,292,195

Sold 10/07/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,804
Square Feet: 0.12
Acres

1404 Northeast Hancock Street, Portland, OR 97212

1/15

$1,320,000

Sold 11/12/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 6,597
Square Feet: 0.11
Acres

3781 North Vancouver Avenue, Portland, OR 97227

1/32

$1,500,000

Sold 07/09/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,680
Square Feet: 0.23
Acres

1910 Southeast Stark Street, Portland, OR 97214

1/39

$1,400,000

Sold 08/07/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 7,182
Square Feet: 0.21
Acres

2575 Northwest Lovejoy Street, Portland, OR 97210

1/18

$640,000

Sold 03/25/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,100
Square Feet: 0.16
Acres

11485 Southwest 95th Avenue, Portland, OR 97223

Get preapproved with Rocket Mortgage¹

Location

Listing Courtesy of RealtyNET, LLC

Sold By Non Rmls Broker

Add your commute

Building Information for 11445 Southwest Greenburg Road

Stories2Residences8Year Built1967Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

Get preapproved with Rocket Mortgage¹

$8,125 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,116

Property Taxes

$1,009

HOA Dues

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Property Information for 11445 Southwest Greenburg Road

Summary

Location and General Information

Country: US
Directions: SW Greenburg Rd/SW 98th Ave

Road Surface: Paved

School Information

Elementary School: Metzger
High School: Southridge

Middle Or Junior School: Conestoga

Taxes and HOA

Management Name: Phillip Barry
Management Phone: 503-593-9707

Tax Year: 2023
Tax Annual Amount: $12,112.80
Parcel Number: R274483
Tax Legal Description: GREENBERG HEIGHTS, LOT PT 5, ACRES 0.43

Property

Lot Information

Acres: 0.43
Lot Description: Level, Secluded, Trees

Lot Size Square Feet: 18730.0
Lot Size Range: Sq Ft20000to Acres1
Lot Size: 20,000 Sq Ft to .99 Acres

Property and Assessments

Property Type: Multi Family
Water Description: Public Water

Property Condition: Existing
Year Built: 1967

Utilities

Cooling Description: None
Fuel Description: Electricity

Heating Description: Baseboard
Hot Water Description: Electricity
Sewer Description: Public Sewer
Rent Includes: Sewer, Trash Collection, Water

Interior and Exterior Features

Exterior Features

Exterior Description: Brick, Cement Siding
Roof Type: Shingle

Interior Features

Basement: Crawl Space
Foundation Details: Concrete Perimeter

Stories: 2

Amenities

Amenities Information

Internet Service Type: Cable, DSL

Multi Family

Multi-Family Information

Number Of Units Total: 8
Gross Income Actual: $136,616.00

Gross Income Projected: $157,820.00
Gross Rent Multiplier: $11.35
Net Income Actual: $86,421.00
Net Income Projected: 106353
Operating Expenses Projected: $51,467.00
Operating Expense: $50,195.00
Unit Type Type: Unit Type Type1
SqFt Approximate Building Total: 7272

Unit 1 Information

Unit Type 1 Baths Total: 2
Unit Type 1 Baths Decimal: 1.10

Unit Type 1 Beds Total: 2
Unit Type 1 Features: Dishwasher, Disposal, Range, Refrigerator
Unit Type 1 Rent: $1,468
Unit Type 1 SqFt: 909.0
Unit Type 1 Units Total: 8

Property History for 11445 Southwest Greenburg Road

Date	Event & Source	Price	Appreciation
Jul 1, 2019	Sold (Public Record) Public Record #648091806	$1,280,000	+12.1% / yr
May 24, 2012	Sold (Public Record) Public Record #330886382	$568,000	—

Date	Event & Source	Price
07/01/2019	Sold (Public Record) Public Record #648091806	$1,280,000 +12.1% / yr
05/24/2012	Sold (Public Record) Public Record #330886382	$568,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11445 Southwest Greenburg Road

Taxable ValueLand-Additions-Total-

Tax Record2025$13,647 ($1,137 / month)

Home Facts

Lot Size18,731 SqFtStyleMulti-Family Res (5+ Units)Year Built1967ZoningR-12CountyWASHINGTONAPN1S135CD-00500

Schools near 11445 Southwest Greenburg Road

This home is within Tigard-Tualatin School District 23j.


Rating	School	Type	Grades	Distance
5/10	Charles F Tigard Elementary School	Public - Serves this home	K to 5	0.7 mi
5/10	Thomas R Fowler Middle School	Public - Serves this home	6 to 8	0.7 mi
4/10	Tigard High School	Public - Serves this home	9 to 12	2.3 mi
5/10	Tigard-Tualatin Virtual Academy	Public - Nearby school	K to 12	1.8 mi
1/10	Creekside Community High School	Public - Choice school	6 to 12	2.4 mi
7/10	Multi-Sensory Instruction Teaching Children Hands-on (MITCH)	Charter - Choice school	K to 5	4.0 mi
NR	St Anthony School	Private - Nearby school	PK to 8	0.3 mi
NR	Quest Academy	Private - Nearby school	9 to 12	0.6 mi
NR	Children's Park Learning Center	Private - Nearby school	PK to 4	0.8 mi


Rating	School	Distance
5/10	Charles F Tigard Elementary School PublicK to 5 Serves this home	0.7 mi
5/10	Thomas R Fowler Middle School Public6 to 8 Serves this home	0.7 mi
4/10	Tigard High School Public9 to 12 Serves this home	2.3 mi
5/10	Tigard-Tualatin Virtual Academy PublicK to 12 Nearby school	1.8 mi
1/10	Creekside Community High School Public6 to 12 Choice school	2.4 mi
7/10	Multi-Sensory Instruction Teaching Children Hands-on (MITCH) CharterK to 5 Choice school	4.0 mi
NR	St Anthony School PrivatePK to 8 Nearby school	0.3 mi
NR	Quest Academy Private9 to 12 Nearby school	0.6 mi
NR	Children's Park Learning Center PrivatePK to 4 Nearby school	0.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 97223

$679,900 | 11400 Southwest 95th Avenue, Portland, OR 97223

1/47

Coming Soon No Showing

$679,900

4
Bedrooms: 2
Bathrooms: 2,579
Square Feet: 0.5
Acres

11400 Southwest 95th Avenue, Portland, OR 97223

$597,400 | 12790 Southwest Katherine Street, Portland, OR 97223

1/23

Virtual Tour

$597,400

3
Bedrooms: 2
Bathrooms: 1,076
Square Feet: 0.09
Acres

12790 Southwest Katherine Street, Portland, OR 97223

1/36

$529,000

3
Bedrooms: 2
Bathrooms: 1,436
Square Feet: 0.34
Acres

13435 Southwest 107th Avenue, Tigard, OR 97223

1/37

$575,000

3
Bedrooms: 3
Bathrooms: 1,991
Square Feet: 0.07
Acres

14026 Southwest Walnut Creek Way, Portland, OR 97223

1/41

$619,900

4
Bedrooms: 3
Bathrooms: 2,012
Square Feet: 0.14
Acres

15265 Southwest Firtree Drive, Portland, OR 97223

1/34

$595,000

3
Bedrooms: 3
Bathrooms: 1,944
Square Feet: 0.12
Acres

11876 Southwest Morning Hill Drive, Portland, OR 97223

$698,000 | 11165 Southwest Morgen Court, Tigard, OR 97223

1/47

Virtual Tour

$698,000

3
Bedrooms: 2
Bathrooms: 1,989
Square Feet: 0.25
Acres

11165 Southwest Morgen Court, Tigard, OR 97223

$535,000 | 11853 Southwest Morning Hill Drive, Tigard, OR 97223

1/46

Virtual Tour

$535,000

3
Bedrooms: 2
Bathrooms: 1,177
Square Feet: 0.13
Acres

11853 Southwest Morning Hill Drive, Tigard, OR 97223

1/24

$275,000

2
Bedrooms: 3
Bathrooms: 1,018
Square Feet

9592 Southwest 91st Avenue, Unit 11, Portland, OR 97223

Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 11445 Southwest Greenburg Road, Portland, OR 97223	$1,400,000	–	–	7,272	18,730
11455 Southwest Greenburg Road, Tigard, OR 97223	$290,000	2	1	848	26,136
11435 Southwest Greenburg Road, Tigard, OR 97223	–	3	2	1,444	20,038
11469 Southwest Greenburg Road, Portland, OR 97223	–	–	6	3,210	9,583
11425 Southwest Greenburg Road, Tigard, OR 97223	–	3	1	998	16,988
11481 Southwest Greenburg Road, Portland, OR 97223	–	–	6	3,774	7,841
9724 Windswept Place, Portland, OR 97223	–	4	3	1,744	3,049
9734 Windswept Place, Portland, OR 97223	–	4	3	1,744	3,049
9744 Windswept Place, Portland, OR 97223	–	4	3	1,744	3,485
11500 Southwest 98th Avenue, Portland, OR 97223	$389,900	4	3	2,026	7,405
11520 Southwest 98th Avenue, Portland, OR 97223	$425,000	3	2	1,174	16,988
11440 Southwest Esau Place, Tigard, OR 97223	$499,500	3	2	1,526	3,049
11600 Southwest 98th Avenue, Tigard, OR 97223	$1,414,000	–	–	–	–
9714 Windswept Place, Portland, OR 97223	–	4	3	1,858	4,792
11481 Southwest 96th Avenue, Portland, OR 97223	$549,900	4	3	1,941	4,356
9754 Windswept Place, Portland, OR 97223	–	4	3	1,858	3,485

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RealtyNET, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 12/18/2024 09:48 AM

[Portland, OR]

Know your buying power with a preapproval and custom rate in minutes

Explore Nearby Homes

Homes in Nearby Greenburg Road Neighborhoods

Homes in Nearby Greenburg Road Cities

Homes in Nearby Greenburg Road Zip Codes