Four units, two adjoining duplexes, and one compelling Hillsboro investment opportunity! Offered together, these income-producing properties feature four 2-bedroom, 1-bath units, each with approximately 784 square feet of living space and its own attached 1-car garage. Each unit also offers washer and dryer hookups, plus sliding doors that open to private patio and yard space. Unit B is currently vacant and available to show, while Unit D has undergone significant recent remodeling and upgrades. Current rents have not been raised in some time, offering potential for future income growth. Unit C currently provides landscaping services in exchange for a rent discount. The properties include a larger lot with potential commercial zoning opportunities due to recent county changes; buyer to verify zoning, permitted uses, and development potential. Located less than 2 miles from Old Town Hillsboro, with local shops, restaurants, theaters, and everyday amenities nearby. A unique chance to acquire four units together with existing income and potential for the future!
Active
$1,100,000
1540 SE Bush St, Hillsboro, OR 97123
8beds
3,108sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$354/sqft
$-- HOA
What's special
Larger lotWasher and dryer hookups
- 3 days
- 120
- 4
Zillow last checked:
Listing updated:
Listed by:
Kelly Hagglund 503-538-4531,
The Kelly Group Real Estate,
Zoe Nielsen 619-804-7674,
The Kelly Group Real Estate
Source: RMLS (OR),MLS#: 100259281
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Range, Electric Water Heater
- Laundry: Washer Dryer Hookup
Interior area
- Total structure area: 3,108
- Total interior livable area: 3,108 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 0.42 Acres
- Features: Flag Lot, Level, SqFt 15000 to 19999
Details
- Additional parcels included: R319328
- Parcel number: R319337
- Zoning: MR1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Existing
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hillsboro
Financial & listing details
- Price per square foot: $354/sqft
- Annual tax amount: $7,320
- Date on market: 9/1/2026
- Listing terms: Cash,Conventional
- Total actual rent: 4100
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,100,000$354/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97123
Nearby schools
Schools provided by the listing agent
- Elementary: W.L. Henry
- Middle: South Meadows
- High: Hillsboro
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






