[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.
Pending
$950,000
12480 SW Gingham Ln, Beaverton, OR 97008
9beds
3,444sqft
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
- 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#: 198373859
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
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Pending sale | $950,000$276/sqft |
Source: | ||
| 10/27/2026 | Listed for sale | $950,000$276/sqft |
Source: | ||
| 10/5/2026 | Listing removed | $950,000$276/sqft |
Source: | ||
| 9/5/2026 | Listed for sale | $950,000+126.2%$276/sqft |
Source: | ||
| 2/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/8/2024 | Price change | $1,695+6.3% |
Source: Zillow Rentals Report a problem | ||
| 1/29/2024 | Listed for rent | $1,595 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2006 | Sold | $420,000+84.3%$122/sqft |
Source: Public Record Report a problem | ||
| 1/14/2000 | Sold | $227,900$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Greenway
Nearby schools
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.






