1049 SE WALNUT ST

Hillsboro, OR 97123
Square Ft.
18,516
$3,235,000
The Walnut Apartments represent a rare opportunity to acquire a 22-unit, single-level apartment community in the highly desirable Hillsboro submarket (Washington County), offering immediate operational value-add potential.The property features a low-density, courtyard-style layout spread across five separate buildings, an increasingly scarce product type that provides a differentiated living experience. TheRead MoreRead Less
Listing courtesy of Barry Investment Real Estate.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
18,516
Lot Size
1.2 Acres
Year Built
1957
MLS Number
542902612
30 Days Snapshot Of 97123
$562k
+1%
(avg) sold price
27
-22%
homes sold
52
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: None
Building
Building Area Total: 18516, Built in 1957, Storage: IndividualStorageUnits, Locked, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Disclosures
Disclosures: Exempt
Expenses
Operating Expense Scheduled: 178540, Operating Expense: $176,684
Exterior Features
Exterior Description: Brick, WoodSiding
Foundation
Foundation Details: Slab
Heating
Heating: Baseboard, ForcedAir
Income
CAP Rate: 6.57, Gross Income: $389,098, Gross Rent Multiplier: 8.31, Gross Scheduled Income: $415,614, Net Operating Income: $212,414, Net Scheduled Income: 237074
Lot
Features: Level, Size Acres: 1.2, Size Range: Acres1to3, Size Square Feet: 52,272, Size: 1 to 2.99 Acres
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, RentRecords
Parking
Features: Carport, Garage
Property
Number Of Units Total: 22, Zoning: SCR-MD
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $22,756, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,348, Area: 528, Features: Range, Refrigerator, Storage, Units Total: 4, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,380, Area: 672, Features: Range, Refrigerator, Storage, WasherDryerHookup, Units Total: 8, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,458, Area: 748, Features: Range, Refrigerator, Storage, WasherDryerHookup, Units Total: 8, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,538, Area: 1000, Features: Range, Refrigerator, Storage, WasherDryerHookup, Units Total: 2, 1 total bathroom, 3 total bedroom
Utilities
Fuel Description: Electricity, Water Source: PublicWater
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.