4920 SW FRANKLIN AVE Beaverton, OR97005

$1,500,000
8 total units
4 total bedrooms
2 total bathrooms
$80,400 annual income
Capitilization Rate: 4.21
1724 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Raleigh Hills
Middle School: Whitford
High School: Beaverton
Zoning: RCOT
1024 days on market

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Price per unit$187.5K/unit
Price per ft²$870.07/ft²
Price per acre$3.19M/ac
Price per bedroom$375K/bed
Time on market1024 days

Property Description

2 buildings w/8 units total & parking. All units currently leased. On property laundry. Rent under market value & have the potential to be $1200/door. Walking distance to downtown Beaverton. Beaverton has plans for the development of the downtown district. Plans are available for public view on the city website. These tax lots are included in the development plans & the zoning allows for up to 30 units to be built on these tax lots. Buyer to do due diligence and confirm with city on allowances.

{{ compliance-logo }}Listing Provided By Keller Williams Realty Portland Premiere

Financial Data

Date Sold2021-11-30
Sold Price$1,500,000
Original Price$1,500,000
Current Price$1,500,000
Property Taxes$11,805

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Home Facts

StatusSold
Year Built1957
Exterior Features
MLS ID21240602

Unit Details

Unit 1
Unit 2