2902 SE 38TH CT, Hillsboro, OR 97123

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Sold Price
$559,000
List Price
$550,000
Closing Date
May 29, 2026
Days on Market
51
MLS#
395695060
Property Type
Multifamily
Sqft. of Residence
2,176
Lot Size
5, 000 to 6, 999 SqFt
Region
Hillsboro, Forest Grove
Status
SOLD

Property Description

This tenant occupied duplex offers investors a compelling opportunity to acquire a multifamily property with value-add potential in a high-demand rental corridor. Each unit features a 3 bedroom, 1.5 bathroom layout, a highly desirable configuration for families, roommates, and long-term tenants seeking larger rental homes. Situated on a desirable corner lot, the property is positioned for strong tenant appeal with convenient access to major employment centers and lifestyle amenities. Just minutes away are Orenco Station and The Streets of Tanasbourne, offering restaurants, coffee shops, retail services, and seasonal farmers markets. Outdoor recreation is close by at Noble Woods Park and Rood Bridge Park, with dog parks, golf courses, and miles of walking and biking trails. Commuters benefit from quick access to Hwy 26, OR-8, and nearby MAX Blue Line service into Portland. The location provides an easy commute to major regional employers including Intel, Nike, Genentech, and Qorvo, supporting long-term rental demand. A strong opportunity for investors, house hackers, or buyers seeking a duplex with rental optimization potential in Hillsboro.Disclaimer: Photo has been digitally altered to remove vehicles and personal items, and may not reflect current conditions. Buyer to verify condition. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10247156]

Additional Information

Tax Amount
$2,389
Year Built
1989
High School
Hillsboro
Elementary School
Witch Hazel
Middle School
South Meadows
Garage Spaces
2
Acres
0.16
Living Area
2,176
Stories
2
Terms
Cash, Conventional, FHA
Fuel Description
Gas
Heating Description
Forced Air
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Garage
Parking Description
Garage
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2200
Unit Type One Sq Ft
1088
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Units Total
1

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Listing courtesy of eXp Realty, LLC. Selling Office: John L. Scott.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.