Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Three units are townhome style and one unit is a one level. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.Current cap rate is low since one unit has been remodeled and the owner has kept it vacant for for viewing.Cap rate should be 5.56 % when empty unit is rented.
Active
Price cut: $50K (6/2)
$1,175,000
17165 Merlo Rd, Beaverton, OR 97003
10beds
4,504sqft
Multi Family
Built in 1975
-- sqft lot
$1,131,200 Zestimate®
$261/sqft
$-- HOA
What's special
Updated kitchensPlenty of street parkingNewer roof
- 34 days |
- 426 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Thomas DeMonbrun 503-341-5026,
Metro Group Realty
Source: RMLS (OR),MLS#: 514127453
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Baseboard, Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Microwave, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,504
- Total interior livable area: 4,504 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Off Street
Features
- Stories: 2
Lot
- Size: 0.28 Acres
- Dimensions: 112 x 110
- Features: SqFt 10000 to 14999
Details
- Parcel number: R42313
- Zoning: Quad
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other Internet Service
Community & HOA
Community
- Security: Security Lights
HOA
- Has HOA: Yes
Location
- Region: Beaverton
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $999,950
- Annual tax amount: $8,708
- Date on market: 5/12/2026
- Listing terms: Cash,Conventional
- Total actual rent: 6695
- Road surface type: Paved
Estimated market value
$1,131,200
$1.07M - $1.19M
$1,700/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $1,175,000-4.1%$261/sqft |
Source:  RMLS (OR) #514127453 Report a problem | ||
| 5/13/2026 | Listed for sale | $1,225,000+814.2%$272/sqft |
Source: RMLS (OR) #514127453 Report a problem | ||
| 5/31/2025 | Listing removed | $1,595 |
Source: Zillow Rentals Report a problem | ||
| 5/17/2025 | Listed for rent | $1,595+33.5% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/26/2018 | Listing removed | $1,195 |
Source: Owner Report a problem | ||
| 4/1/2018 | Listed for rent | $1,195 |
Source: Owner Report a problem | ||
| 7/18/2017 | Listing removed | $1,195 |
Source: Owner Report a problem | ||
| 7/10/2017 | Listed for rent | $1,195+13.8% |
Source: Owner Report a problem | ||
| 4/24/2015 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 4/22/2015 | Price change | $1,050+5.5% |
Source: Beaver Plex Properties Report a problem | ||
| 4/7/2015 | Listed for rent | $995-16.7% |
Source: Beaver Plex Properties Report a problem | ||
| 2/17/2015 | Listing removed | $1,195 |
Source: Zillow Rentals Report a problem | ||
| 2/13/2015 | Price change | $1,195+25.8% |
Source: Beaver Plex Properties Report a problem | ||
| 1/20/2015 | Listed for rent | $950+2.7% |
Source: Beaver Plex Properties Report a problem | ||
| 4/8/2014 | Listing removed | $925 |
Source: Zillow Rentals Report a problem | ||
| 12/28/2013 | Price change | $925+3.4% |
Source: B Plex Properties Report a problem | ||
| 11/4/2013 | Listed for rent | $895+5.3% |
Source: [removed] Plex Properties Report a problem | ||
| 4/7/2013 | Listing removed | $850 |
Source: Beaver Plex Apts Report a problem | ||
| 3/24/2013 | Listed for rent | $850-10.5% |
Source: Beaver Plex Apts Report a problem | ||
| 10/16/2012 | Listing removed | $950 |
Source: Beaver Plex Apts Report a problem | ||
| 9/24/2012 | Listed for rent | $950+11.8% |
Source: Beaver Plex Apts Report a problem | ||
| 5/2/2012 | Listing removed | $850 |
Source: Beaver Plex Apts Report a problem | ||
| 2/28/2012 | Listed for rent | $850 |
Source: Beaver Plex Apts Report a problem | ||
| 12/12/2011 | Listing removed | $850 |
Source: Beaver Plex Apts Report a problem | ||
| 4/1/1983 | Sold | $134,000$30/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,709 +4.4% | $456,760 +3% |
| 2024 | $8,344 +6.5% | $443,460 +3% |
| 2023 | $7,837 +3.6% | $430,550 +3% |
| 2022 | $7,566 +3.7% | $418,010 |
| 2021 | $7,294 +3.2% | -- |
| 2020 | $7,068 +3.3% | $394,020 +3% |
| 2019 | $6,842 +3.4% | $382,550 |
| 2018 | $6,619 | $382,550 +6.1% |
| 2017 | $6,619 +7.6% | $360,600 +3% |
| 2016 | $6,154 | $350,100 +3% |
| 2015 | $6,154 +3.7% | $339,910 +3% |
| 2014 | $5,935 +10.5% | $330,010 +3% |
| 2013 | $5,370 +13.9% | $320,400 +10.2% |
| 2012 | $4,717 -7.5% | $290,630 -19.1% |
| 2011 | $5,100 +2.7% | $359,350 -17.8% |
| 2010 | $4,968 +2.1% | $436,970 +15.9% |
| 2009 | $4,866 +7.9% | $377,130 -12.3% |
| 2008 | $4,509 +2.4% | $429,850 +1.3% |
| 2007 | $4,403 +11.2% | $424,420 +13.7% |
| 2006 | $3,960 -9.9% | $373,200 +0.3% |
| 2005 | $4,397 +11.2% | $371,960 +13.3% |
| 2004 | $3,953 -4.9% | $328,390 +5.1% |
| 2003 | $4,155 +11.6% | $312,510 +2.6% |
| 2002 | $3,723 +3.4% | $304,680 -0.6% |
| 2001 | $3,600 +10.4% | $306,670 +1.5% |
| 2000 | $3,260 | $302,030 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Aloha
Nearby schools
GreatSchools rating
- 2/10Beaver Acres Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Meadow Park Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Aloha High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Beaver Acres
- Middle: Five Oaks
- High: Aloha
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Washington County
- Beaverton
- 97003
- Aloha
- 17165 Merlo Rd
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