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17165 Southwest Merlo Road, Beaverton, OR 97006

TD
OR 911100021
Metro Group Realty
Listed by Metro Group Realty
$1,175,000
9 days on market
Updated 9 days ago

17165 Southwest Merlo Road

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 4,504
Units 4
Cap Rate 5.56%
NOI $65,383
Occupancy 75%
Tenancy Multi
Price per SqFt $261
Class C
Year Built 1975
Year Renovated 2024
Buildings 2
Acreage 0.280
Zoning R-9
Parking Spaces 9 spaces
Parking Per SqFt 2.00
Ground Lease No
Sale Condition N/A

About This Property

Marketing description

Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Three units are townhome style and one unit is a one level. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.Current cap rate is low since one unit has been remodeled and the owner has kept it vacant for for viewing.Cap rate should be 5.56 % when empty unit is rented.Seller would consider an owner contract with a decent downpayment.

Last Updated: 6/18/2026 11:28:06 AM

Investment highlights

Well maintained property. With upside in rents.

Listing Contacts

TD
OR 911100021
Metro Group Realty
Listed by Metro Group Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$65,383.00
$5,448.58/mo

Valuation Metrics

0
DSCR
5.56%
Cap Rate
5.56%
ROI

Map

Zoning

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R-9 ResidentialMulti FamilyResidential 9 Units Per Acre
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View all 69 uses
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Last updated Dec 29, 2025 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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