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Listed by Keller Williams Realty Professionals
$899,900
Est. payment /mo
0.44 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 509206570
Year Built 1979
Annual Tax Amount $7,538
Tax Year 2025
Lot Size 0.440 Acres
Property Description
Rare Sherwood Fourplex Opportunity! Unlock the potential of a four-unit multifamily property offering the flexibility & income potential savvy buyers and investors seek. Situated on a corner lot with a large yard and open, paved parking spaces, this property offers valuable exterior amenities that enhance tenant appeal and everyday functionality. With all four units on one level, this property provides a practical layout for tenants, easier maintenance & strong long-term appeal. Whether you're looking to expand your investment portfolio, establish a reliable income-producing asset, or explore owner-occupant possibilities, this fourplex presents an excellent opportunity in desirable Sherwood. The individual units offer functional living spaces including fireplace, W/D hookups, carpet & vinyl flooring, while the property as a whole provides the benefits of diversified rental income under one roof. Located in a convenient Sherwood setting, residents enjoy easy access to shopping, dining, parks, schools, employment centers & everyday amenities. Nearby major routes provide connectivity throughout the Portland metro area & wine country. Sherwood's strong community appeal and proximity to the Tualatin, Tigard, Newberg & Wilsonville areas make it an attractive location for renters & investors alike. Investor highlights: four separate units, single-level configuration, potential for multiple income streams, manageable property footprint, and a desirable suburban location. A compelling opportunity to acquire a multifamily asset in one of the area's sought-after communities. Bring your investment strategy and explore the possibilities!
Location
State OR
County Washington
Area _151
Zoning MDRL
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Archer Glen
Middle Schools Sherwood
High Schools Sherwood
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
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