12380 SW WALNUT St
Property Description
Excellent investment opportunity in an established Tigard neighborhood! This well-maintained, single-level duplex features two mirrored units, each offering 2 bedrooms, 2 bathrooms, and 1,102 square feet of comfortable living space. Beautiful vaulted ceilings create an open, airy feel, while mature fir trees and spacious, fully fenced backyards provide privacy and room to relax or entertain. Recent improvements include a new roof in 2020, water heaters in 2023, and several updated appliances. Conveniently located within 2 miles of Summerlake Park, Progress Ridge, and downtown Tigard, with shopping, dining, and recreation nearby. With a current 5.8% cap rate and a history of consistent occupancy, this property presents an attractive opportunity for investors seeking established rental performance. The versatile duplex layout also offers flexibility for a variety of ownership goals, including the potential for owner-occupied living with supplemental rental income.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $675,000 |
| No. of Units: | 2 |
| Year Built: | 1975 |
| Lot Size: | 2,204.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $337,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-RMLSOR-419914611
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout