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Listed by Knipe Realty ERA Powered • 503-929-1223

$1,049,999

Est. payment - /mo

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2,652 SqFt

Price Dropped by $70K

121 SE 8TH AVE Hillsboro, OR 97123

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,652 sqft

Price per Sqft $395

Subdivision Cpo 9 Hillsboro/Orenco

MLS Listing ID 108703487

Year Built 2002

Annual Tax Amount $2,242

Tax Year 2025

Lot Size 871 Sqft

Property Description

New Price on this fantastic tri-plex! Exceptional investment opportunity in the Heart of Hillsboro! Just one block from Pacific University, minutes from OHSU/Tuality Hospital, MAX, bus lines, and vibrant downtown Hillsboro. This highly desirable property features three well-appointed townhomes—each on its own tax lot—offering 2 bedrooms and 1.1 baths per unit. Two units have new furnishings that come with the property! Extensively updated, this property boasts a new roof (2024), new washers, dryers, and refrigerators (2024), and private, fully fenced yards with new Trex decking (2025). Additional highlights include efficient gas heating, modern wood-laminate flooring on the main level, and fresh interior paint throughout. Best of all, there are no HOA fees.Ideal for investors seeking strong returns or owner-occupants looking to live in one unit while generating rental income from the others. Also great for short term rentals! A truly rare offering combining premier location, flexibility, and long-term value. Schedule your private showing today! Sellers are willing to contribute towards buyers closing costs, and/or rate buy down.Open House on Saturday, March 14th from 11:00am-1:00pm (middle unit only) [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233586]

Location

State OR

County Washington

Area _152

Zoning SCR-DNC

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling None

Exterior

View City, Territorial

Roof Type Composition

Garage No

Building

Lot Description Level, On Busline

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Lincoln

Middle Schools Evergreen

High Schools Glencoe

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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