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Listed by Knipe Realty ERA Powered • 503-929-1223
$ 1,049,999
Est. payment /mo
Price Dropped by $70K
121 SE 8TH AVE Hillsboro, OR 97123
2,652 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $395
Subdivision Cpo 9 Hillsboro/Orenco
MLS Listing ID 108703487
Year Built 2002
Annual Tax Amount $2,242
Tax Year 2025
Lot Size 871 Sqft
Property Description
New Price on this fantastic tri-plex! Exceptional investment opportunity in the Heart of Hillsboro! Just one block from Pacific University, minutes from OHSU/Tuality Hospital, MAX, bus lines, and vibrant downtown Hillsboro. This highly desirable property features three well-appointed townhomes—each on its own tax lot—offering 2 bedrooms and 1.1 baths per unit. Two units have new furnishings that come with the property! Extensively updated, this property boasts a new roof (2024), new washers, dryers, and refrigerators (2024), and private, fully fenced yards with new Trex decking (2025). Additional highlights include efficient gas heating, modern wood-laminate flooring on the main level, and fresh interior paint throughout. Best of all, there are no HOA fees.Ideal for investors seeking strong returns or owner-occupants looking to live in one unit while generating rental income from the others. Also great for short term rentals! A truly rare offering combining premier location, flexibility, and long-term value. Schedule your private showing today! Sellers are willing to contribute towards buyers closing costs, and/or rate buy down.Open House on Saturday, March 14th from 11:00am-1:00pm (middle unit only) [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233586]
Location
State OR
County Washington
Area _152
Zoning SCR-DNC
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Exterior
View City, Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Lincoln
Middle Schools Evergreen
High Schools Glencoe
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
