Amy Richardson

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Listing provided courtesy of Metro Group Realty- MLS# 514127453MLS Provider

17165 SW MERLO RDBeaverton, OR 97003

Multi-Family · 4,504 Sq. ft. | 0.28 Acres
$1,175,000 Active

17165 SW MERLO RD Overview

Time on Site:
47 days
Visits:
0

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.

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17165 SW MERLO RD Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,504
  • Price/Sq.ft. $261
  • Lot 0.28 Acres

Details

General

School Information

  • Elementary School: Beaver Acres
  • Middle Or Junior School: Five Oaks
  • High School: Aloha

Income/Expenses

  • Gross Income: 56340.0
  • Gross Scheduled Income: 80340.0
  • Net Operating Income: 46340.0
  • Operating Expense: 14957.0

Building Information

  • Year Built: 1975

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 150 - Beaverton, Aloha

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 8708.62
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R42313
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: Quad

Interior

Building Interior

  • Building Area Total: 4504.0

General Information

  • Basement: Crawl Space
  • Cooling: Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard,Forced Air
  • Security Features: Security Lights
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned,Off Street
  • Parking Total: 7.0

Lot Information

  • Lot Features: Public Road
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 112 x 110
  • Lot Size Square Feet: 12196.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

17165 SW MERLO RD Neighborhood

Community

97003 (Beaverton) Demographics

Median Age
Population Density (per sq. mile)
College Educated
Estimated Median Income
Estimated Total Home Owners
Estimated Total Renters
/
Estimated Owner / Renter Divide
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

17165 SW MERLO RD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

17165 SW MERLO RD Market Data

Based on the last 30 days in this zip code

$510,710
Average List Price
$306
Average Price per Square Foot
21
Properties Sold
79
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

17165 SW MERLO RD History

Date Event Value Agent
6/2/2026Source: Regional MLS Price Reduction
$1,175,000 -4.1%
5/13/2026Source: Regional MLS Added to Database
May 13, 2026