12480 SW GINGHAM LN, Beaverton, OR 97008
- $950,000
- 3,444
- SqFt
- List Price
- $950,000
- Days on Market
- 19
- MLS#
- 198373859
- Property Type
- Multifamily
- Sqft. of Residence
- 3,444
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Beaverton, Aloha
- Status
- ACTIVE
Property Description
[PROPERTY OVERVIEW]This 4-Plex is simply the best! $87,480 INCOME per YEAR! Re-built down to the studs in 2006, this building has been meticulously maintained providing tenants with unparalleled comfort and all the amenities one could ask for - including; wood-burning fireplaces, decks, patios, fenced yards, air conditioning, storage units, in-unit washer/dryer, off-street assigned parking and exceptional finishes throughout. Each unit features custom crown molding, maintained in pristine, updated condition, and lives like a single-family home. Lower units feature large concrete patios for outdoor entertaining, creating private outdoor spaces that drive high tenant retention and premium rents. Recognized by the City of Beaverton’s Neighborhood Pride Program as a “Best Maintained Property” award recipient.[RECENT UPDATES]Property features 3-year New 40-year Malarkey Roof w/oversized gutters and easy-access downspouts, updated front Hardie Plank siding, (2) new water heaters installed 8/26, many new appliances, a newer 6' x 10' Tuff Shed, and new handrail. Unit C was recently updated with new carpet and newer washer/dryers. Unit A was updated in early 2026 with new flooring, paint and appliances.[SUMMARY]This is truly a turn-key 4-plex! Tenants love the location with neighborhood favorites like Whole Foods, Murrayhill Marketplace, Conestoga Rec Center and Greenway Park just blocks away. With $7,280 monthly income, this gem is selling at a 10.9 GRM and a 6.4% cap rate, making a perfect investment and an amazing owner-occupant opportunity.
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Additional Information
- Tax Amount
- $9,763
- Year Built
- 1978
- High School
- Southridge
- Elementary School
- Greenway
- Middle School
- Conestoga
- Acres
- 0.24
- Living Area
- 3,444
- Stories
- 2
- Subdivision
- GREENWAY
- Terms
- Cash, Conventional, VA Loan
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Cement Siding, Lap Siding, Panel
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Parking
- Assigned, Off Street
- Parking Description
- Assigned, Off Street
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2195
- Unit Type One Sq Ft
- 1038
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1695
- Unit Type Three Sq Ft
- 802
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1645
- Unit Type Four Sq Ft
- 802
- Unit Type Four Units Total
- 1
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