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Listed by eXp Realty, LLC • 503-320-4554
$ 2,500,000
Est. payment | /mo
9,084 SqFt
$ 2,500,000
Est. payment | /mo
9,084 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,084 sqft
Price per Sqft $275
Subdivision Willamette
MLS Listing ID 665597534
Year Built 1976
Annual Tax Amount $17,531
Tax Year 2025
Property Description
Exceptional West Linn Double Fourplex (total 8 units) offering a rare opportunity to own 2 well-maintained multifamily investment in one of the Portland area's most desirable rental markets. Nestled in the heart of the sought-after Willamette neighborhood, this low-density property features eight spacious single-level units, each offering 3 bedrooms, 1 bathroom, approximately 1,135 square feet, private fenced yards, dedicated laundry room, individual storage, covered carport parking, and open-concept living with vaulted ceilings. Designed for lasting tenant appeal, each residence includes a bright, functional floor plan, well-appointed kitchen with granite countertops and stainless steel appliances, heat pump heating and cooling, durable flooring, and generous living spaces that encourage long-term occupancy. Private outdoor spaces, in-unit laundry, and abundant parking are highly desirable amenities that help attract and retain quality tenants. Located near Historic Old Town Willamette, Mary S. Young Park, local dining, shopping, the Willamette River, and highly regarded West Linn-Wilsonville schools, with convenient access to I-205, Highway 43, Oregon City, Lake Oswego, and Portland. An excellent opportunity for a 1031 exchange, portfolio expansion, or long-term multifamily investment. Opportunity to purchase both fourplexes for a rare eight-unit investment portfolio. Buyer to perform all due diligence regarding financials and future rental performance.
Location
State OR
County Clackamas
Area _147
Zoning R2.1
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Heat Pump
Exterior
Waterfront Description Other
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Willamette
Middle Schools Athey Creek
High Schools West Linn
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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