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Pending
  • $950,000

    12480 SW Gingham Ln, Beaverton, OR 97008

    9beds
    3,444sqft
    : 
    $6,879/mo
    Get pre-qualified
    Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Wood-burning fireplacesExceptional finishes throughoutNew flooringAir conditioningPrivate outdoor spacesCustom crown moldingOff-street assigned parking
    [PROPERTY OVERVIEW]This 4-Plex is simply the best! $87,480 INCOME per YEAR! Re-built down to the studs in 2006, this building has been meticulously maintained providing tenants with unparalleled comfort and all the amenities one could ask for - including; wood-burning fireplaces, decks, patios, fenced yards (38'x38'), air conditioning, storage units, in-unit washer/dryer, off-street assigned parking and exceptional finishes throughout. Each unit features custom crown molding, maintained in pristine, updated condition, and lives like a single-family home. Lower units feature large concrete patios for outdoor entertaining, creating private outdoor spaces that drive high tenant retention and premium rents. Recognized by the City of Beaverton’s Neighborhood Pride Program as a “Best Maintained Property” award recipient.[RECENT UPDATES]Property features 3-year New 40-year Malarkey Roof w/oversized gutters and easy-access downspouts, updated front Hardie Plank siding, (2) new water heaters installed 8/26, many new appliances, a newer 6' x 10' Tuff Shed, and new handrail. Unit C was recently updated with new carpet and newer washer/dryers. Unit A was updated in early 2026 with new flooring, paint and appliances.[SUMMARY]This is truly a turn-key 4-plex! Tenants love the location with neighborhood favorites like Whole Foods, Murrayhill Marketplace, Conestoga Rec Center and Greenway Park just blocks away. With $7,280 monthly income, this gem is selling at a 10.9 GRM and a 6.4% cap rate, making a perfect investment and an amazing owner-occupant opportunity.
    58 days
    176
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Spear 503-515-9374,

    Opt,

    Brian Porter 503-810-2219,

    Opt

    Source: RMLS (OR),MLS#: 198373859MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Fireplace(s)
      Cooling
      • Wall Unit(s), Air Conditioning
      Appliances
      • Included: Dishwasher, Washer/Dryer, Refrigerator, Electric Water Heater, Tank Water Heater
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 3,444
      • Total interior livable area: 3,444 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Assigned, Off Street
      Features
      • Stories: 2
      Lot
      • Size: 10,454 Square Feet
      • Features: Gated, Level, SqFt 10000 to 14999
      Details
      • Parcel number: R246184
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding, Lap Siding, Panel
      • Foundation: Concrete Perimeter
      • Roof: Composition,Shingle
      Condition
      • Updated/Remodeled
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Greenway
      HOA
      • Has HOA: No
      Location
      • Region: Beaverton

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $882,960
      • Annual tax amount: $9,763
      • Date on market: 9/4/2026
      • Cumulative days on market: 58 days
      • Listing terms: Cash,Conventional,VA Loan
      • Total actual rent: 7280
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/29/2026Pending sale$950,000$276/sqft
        Source: RMLS (OR) #198373859 Report a problem
        10/27/2026Listed for sale$950,000$276/sqft
        Source: RMLS (OR) #198373859 Report a problem
        10/5/2026Listing removed$950,000$276/sqft
        Source: RMLS (OR) #198373859 Report a problem
        9/5/2026Listed for sale$950,000+126.2%$276/sqft
        Source: RMLS (OR) #198373859 Report a problem
        2/25/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/8/2024Price change$1,695+6.3%
        Source: Zillow Rentals Report a problem
        1/29/2024Listed for rent$1,595
        Source: Zillow Rentals Report a problem
        9/18/2006Sold$420,000+84.3%$122/sqft
        Source: Public Record Report a problem
        1/14/2000Sold$227,900$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,764 +4.1%$444,420 +3%
        2024$9,377 +5.9%$431,480 +3%
        2023$8,853 +4.5%$418,920 +3%
        2022$8,473 +3.6%$406,720
        2021$8,176 +3.1%--
        2020$7,928 +3.3%$383,380 +3%
        2019$7,677 +3.3%$372,220
        2018$7,432 $372,220 +6.1%
        2017$7,432 +7.6%$350,860 +3%
        2016$6,905 $340,650 +3%
        2015$6,905 +6.6%$330,730 +3%
        2014$6,480 +15.1%$321,100 +6.9%
        2013$5,630 -4.6%$300,390 -3.6%
        2012$5,898 +3.2%$311,750 -12%
        2011$5,714 +2.6%$354,280 -7.2%
        2010$5,568 +2.3%$381,920 -6.8%
        2009$5,441 +8.3%$409,900 -5.1%
        2008$5,025 +1%$432,000 +1%
        2007$4,975 +10.1%$427,540 +15%
        2006$4,518 +2.2%$371,860 +35.5%
        2005$4,421 +4.6%$274,350 +4.9%
        2004$4,227 +3%$261,450 +7.8%
        2003$4,105 +5.9%$242,490 +6.5%
        2002$3,875 +5.6%$227,790 +5.9%
        2001$3,669 +4.8%$215,120 -3.6%
        2000$3,501 $223,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Greenway

        Getting around

        56 / 100
        Somewhat Walkable
        24 / 100
        Minimal Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Greenway
        • Middle: Conestoga
        • High: Southridge

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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