19731 Southwest 68th Avenue

Tualatin, OR 97062

$1,999,000
Price
Beds
8,500 Sq. Ft.
$235 / Sq. Ft.
8,500
Sq. Ft.
$235
per Sq. Ft.

Description

Great performing multifamily investment property in Tualatin. Assumable SBL loan with a fixed interest rate of 3.64% until September 2025. Six units have been completely remodeled. Off-street parking and every unit has a separate garage with assigned parking spot. Great value add potential with rent increases and remodeling of three units. Six of nine units are on fixed term leases.Great performing multifamily investment property in Tualatin. Assumable SBL loan with a fixed interest rate of 3.64% until September 2025. Six units have been completely remodeled. Off-street parking and every unit has a separate garage with assigned parking spot. Great value add potential with rent increases and remodeling of three units. Six of nine units are on fixed term leases.
  1. Listed by Trent Werner • Uptown Properties, LLC
  2. Listed by Chris Shepard • Uptown Properties, LLC

Property Details for 19731 Southwest 68th Avenue

Parking Features
Garage, Guest
Zoning
RMH
Parking Total
12.00

Location

Listing Courtesy of Uptown Properties, LLC
Add your commute
LISTING UPDATED: 04/19/2024 07:53 AM

Property Details for 19731 Southwest 68th Avenue

StatusActive
MLS #23077011
Days on Market125
Taxes$8,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size-
CountyWashington County

Location

Listing Courtesy of Uptown Properties, LLC
Add your commute

Building Information for 19731 Southwest 68th Avenue

Stories-Residences9Year Built1978Building Size-Lot Size-

Payment Calculator

$11,638 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,909

Property Taxes

$728

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19731 Southwest 68th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SW Sagert to SW 68th
  • Road Surface: Paved
School Information
  • Elementary School: Bridgeport
  • High School: Tualatin
  • Middle Or Junior School: Hazelbrook
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $8,739.88
  • Parcel Number: R534808
  • Parcel Number 2: R534817
  • Tax Legal Description: STONERIDGE, LOT 27, ACRES 0.43
Property
Lot Information
  • Lot Description: Gentle Sloping, Private
  • 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
  • Year Built: 1978
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
  • Gross Income Actual: $164,905.00
  • Gross Income Projected: $179,539.00
  • Gross Rent Multiplier: $12.12
  • Investor Information: Profit Loss Statement
  • Net Income Actual: $106,558.00
  • Net Income Projected: 119442
  • Operating Expenses Projected: $60,097.00
  • Operating Expense: $58,347.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8, Unit Type Type9
  • SqFt Approximate Building Total: 8500
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,495
  • Unit Type 1 SqFt: 850.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,595
  • Unit Type 2 SqFt: 850.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,680
  • Unit Type 3 SqFt: 850.0
  • 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: $1,880
  • Unit Type 4 SqFt: 800
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 5 Rent: $1,695
  • Unit Type 5 SqFt: 800.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 2
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 6 Rent: $1,533
  • Unit Type 6 SqFt: 800.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 2
  • Unit Type 7 Beds Total: 3
  • Unit Type 7 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 7 Rent: $1,650
  • Unit Type 7 SqFt: 1100
  • Unit Type 7 Units Total: 1
Unit 8 Information
  • Unit Type 8 Baths Total: 2
  • Unit Type 8 Beds Total: 3
  • Unit Type 8 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 8 Rent: $1,505
  • Unit Type 8 SqFt: 1000.0
  • Unit Type 8 Units Total: 1
Unit 9 Information
  • Unit Type 9 Baths Total: 3
  • Unit Type 9 Beds Total: 4
  • Unit Type 9 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 9 Rent: $1,812
  • Unit Type 9 SqFt: 1436.0
  • Unit Type 9 Units Total: 1

Public Records for 19731 Southwest 68th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2022$8,362 ($697 / month)
Home Facts
Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtLot Size18,731 SqFtStyleTriplexYear Built1978ZoningRMHCountyWASHINGTONAPN2S124DD-03900Fireplace TypeHas Fireplace

Schools near 19731 Southwest 68th Avenue

This home is within Tigard-Tualatin School District 23j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Bridgeport Elementary School
PublicK to 5

Hazelbrook Middle School
Public6 to 8

Tualatin High School
Public9 to 12

MITCH Charter School
CharterK to 8

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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19731 Southwest 68th Avenue is a multi-family home for sale in Tualatin, OR 97062. This property was listed for sale on December 29, 2023 by Uptown Properties, LLC, it's currently listed at $1,999,000. This listing's school district is Tigard-Tualatin School District 23j. Nearby schools include Bridgeport Elementary School, Hazelbrook Middle School and Tualatin High School. 19731 Southwest 68th Avenue is a 0-bed, 0-bath, 8,500 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Uptown Properties, LLC

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