1046 NE 17TH AVE, Hillsboro, OR 97124 | MLS #667222586 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Great Western Real Estate Co- MLS# 667222586MLS ProviderContact Information: [email protected]

1046 NE 17TH AVEHillsboro, OR 97124

Multi-Family · 0.94 Acres
$3,150,000 Active

1046 NE 17TH AVE Overview

Time on Site:
12 days
Visits:
0

Welcome to your next investment opportunity.This well-maintained 18-unit apartment complex is located in a desirable neighborhood with convenient access to shopping, major roadways, and daily amenities.The property is owner-managed and 100% occupied, reflecting stable operations. An on-site laundry room provides additional income. All rental agreements are month-to-month, except for one unit with approximately five months remaining on its lease.No rent increases have been implemented in the past 13 months, offering immediate upside potential for a new owner.Please do NOT disturb tenants.No site visits without a scheduled appointment.

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1046 NE 17TH AVE Facts & Features

  • Type Multi-Family
  • Lot 0.94 Acres

Details

General

School Information

  • Elementary School: Mooberry
  • Middle Or Junior School: Poynter
  • High School: Liberty

Income/Expenses

  • Gross Income: 302439.0
  • Net Operating Income: 199146.0
  • Operating Expense: 103293.0

Building Information

  • Year Built: 1975

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 152 - Hillsboro, Forest Grove

Community/Development

  • Community Features: Laundry

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 21133.3
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R711536
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: MR2

Interior

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Open
  • Parking Total: 38.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.94
  • Lot Size Square Feet: 40946.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 18
  • Sewer: Public Sewer

1046 NE 17TH AVE Neighborhood

Community

97124 (Hillsboro) Demographics

34
Median Age
1,299
Population Density (per sq. mile)
56%
College Educated
$95,068
Estimated Median Income
10,236
Estimated Total Home Owners
10,628
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
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.

1046 NE 17TH AVE 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.

1046 NE 17TH AVE Market Data

Based on the last 30 days in this zip code

$660,344
Average List Price
$316
Average Price per Square Foot
46
Properties Sold
78
Average Days on Market
170
Properties for Sale
Calculations provided by Reliance Network

1046 NE 17TH AVE History

Date Event Value Agent
6/17/2026Source: Regional MLS Added to Database
June 17, 2026