17344 Southwest Merlo Road

Sold 5/7/24
Sold 5/7/24
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Last Sold Price
$1,075,000
4,169 sqft$258/sqft
17344 SW Merlo Rd, Beaverton, OR 97003

Description

Fully occupied well maintained four plex situated in a quite central Beaverton location. Property is comprised of 2 three bedroom one level units and 2 two bedroom 2 level units. All units have washer and dryers owned by owner. There are eight off street parking spots as well as easy street parking. Units have small fenced yards. Less than a mile to Nike World Headquarters,MAX light rail, Costco and several City Parks. It is OK to drive by the outside but please do not disturb the tenants. Make offer...Fully occupied well maintained four plex situated in a quite central Beaverton location. Property is comprised of 2 three bedroom one level units and 2 two bedroom 2 level units. All units have washer and dryers owned by owner. There are eight off street parking spots as well as easy street parking. Units have small fenced yards. Less than a mile to Nike World Headquarters,MAX light rail, Costco and several City Parks. It is OK to drive by the outside but please do not disturb the tenants. Make offer subject to inspection. Buyer to cooperate with sellers 1031 exchange at no cost to buyer.
LISTING CLOSED: 05/07/2024 12:00 AM

  1. Listed by Thomas DeMonbrun • Metro Group Realty

Property Details for 17344 Southwest Merlo Road

Status
Sold
MLS #
24083918
Days on Market
35
Taxes
$7,667 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1975
Lot Size
0.30 AC / 13,068 SF
County
Washington County
Parking Features
Off Street, Paved
Zoning
Multi
Parking Total
8.00
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Location

Listing Courtesy of Metro Group Realty

Sold By Sigler Real Estate

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Building Information for 17344 Southwest Merlo Road

Stories2Residences4Year Built1975Building Size-Lot Size0.30 AC / 13,068 SF

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$6,103 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,464

Property Taxes

$639

HOA Dues

$0

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Property Information for 17344 Southwest Merlo Road

Summary
Location and General Information
  • Country: US
  • Directions: TV Hwy or Baseline to 170th,then west on Merlo Road
  • Road Surface: Paved
School Information
  • Elementary School: Beaver Acres
  • High School: Aloha
  • Middle Or Junior School: Five Oaks
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $7,666.73
  • Parcel Number: R42395
  • Tax Legal Description: BLACKBERRY SLOPE, LOT 21, ACRES 0.30
Property
Lot Information
  • Acres: 0.3
  • Lot Description: Level
  • Lot Size Square Feet: 13068.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1975
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $77,200.00
  • Gross Income Projected: $80,000.00
  • Gross Rent Multiplier: $14.25
  • Investor Information: Leases
  • Net Income Actual: $59,585.00
  • Net Income Projected: 61500
  • Operating Expenses Projected: $18,000.00
  • Operating Expense: $17,615.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 4169
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,680
  • Unit Type 1 SqFt: 1150.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,680
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,550
  • Unit Type 3 SqFt: 951.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,525
  • Unit Type 4 SqFt: 951
  • Unit Type 4 UnitsTotal: 1

Property History for 17344 Southwest Merlo Road

DateEvent & SourcePriceAppreciation
May 7, 2024

Sold (Public Record)

Public Record #1531534084

$1,075,000

+10.1% / yr

Oct 26, 2010

Sold (Public Record)

Public Record #298109540

$291,000—
DateEvent & SourcePrice
05/07/2024

Sold (Public Record)

Public Record #1531534084

$1,075,000

+10.1% / yr

10/26/2010

Sold (Public Record)

Public Record #298109540

$291,000

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

Public Records for 17344 Southwest Merlo Road

Taxable ValueLand-Additions-Total-
Tax Record2025$8,520 ($710 / month)
Home Facts
Total Finished SqFt4,169 SqFtAbove Grade Finished SqFt4,169 SqFtLot Size13,068 SqFtStyleQuadraplexYear Built1975Year Renovated1980ZoningR-9CountyWASHINGTONAPN1S106DC-02300Fireplace TypeHas Fireplace

Schools near 17344 Southwest Merlo Road

This home is within Beaverton School District 48j.
Rating
School
Type
Grades
Distance
Beaver Acres Elementary School
Public - PK to 5
Meadow Park Middle School
Public - 6 to 8
Aloha High School
Public - 9 to 12
Flex Online School
Public - K to 12
Rating
School
Distance
Beaver Acres Elementary School
PublicPK to 5

Meadow Park Middle School
Public6 to 8

Aloha High School
Public9 to 12

Flex Online School
PublicK to 12

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.

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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 Metro Group Realty

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: 05/07/2024 04:53 PM