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  • Price cut: $50K (7/9)
    $1,125,000

    17165 Merlo Rd, Beaverton, OR 97003

    10beds
    4,504sqft
    : 
    $7,970/mo
    Get pre-qualified
    Multi Family
    Built in 1975
    -- sqft lot
    $1,095,000 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Large landscaped yardsUpdated kitchensPlenty of street parkingLarge spacious unitsNewer roof
    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. Great mix of units, three units are townhome style and one unit is a one level.** Large spacious units, total living area is 4504 sq ft ***Large landscaped yards,total land area is 12,320 sq ft. All units have front and backyards ** Apartment #1 Ranch style,1 level,3 bedroom, 1.5 bath, 1144 sq ft with brick fireplace, large covered front porch, excellent for owner occupant.Apartment #2 Large townhome,3 bedroom, 1.5 bath,2 level,1440 sq ft (excellent for owner occupant,huge private fenced yard)Apartment #3 Townhouse, 2 bedroom,1.5 bath,2 level, 960 sq ft with front yard and fenced backyard.Apartment #4 Townhouse , 2 br, 1.5 bath,2 level,960 sq ft with front yard and fenced backyard. 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 5.80 % when empty unit is rented.Seller would consider an owner contract with a decent downpayment.
    91 days
    |
    229
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas DeMonbrun 503-341-5026,

    Metro Group Realty

    Source: RMLS (OR),MLS#: 514127453MLS Logo

      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: $250/sqft
      • Tax assessed value: $999,950
      • Annual tax amount: $8,708
      • Date on market: 5/12/2026
      • Listing terms: Cash,Contract,Conventional
      • Total actual rent: 6695
      • Road surface type: Paved

        Estimated market value

        $1,095,000

        $1.04M - $1.15M

        $1,812/mo

        Price history

        DateEventPrice
        7/9/2026Price change$1,125,000-4.3%$250/sqft
        Source: RMLS (OR) #514127453 Report a problem
        6/2/2026Price change$1,175,000-4.1%$261/sqft
        Source: RMLS (OR) #514127453 Report a problem
        5/13/2026Listed for sale$1,225,000+814.2%$272/sqft
        Source: RMLS (OR) #514127453 Report a problem
        5/31/2025Listing removed$1,595
        Source: Zillow Rentals Report a problem
        5/17/2025Listed for rent$1,595+33.5%
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        4/26/2018Listing removed$1,195
        Source: Owner Report a problem
        4/1/2018Listed for rent$1,195
        Source: Owner Report a problem
        7/18/2017Listing removed$1,195
        Source: Owner Report a problem
        7/10/2017Listed for rent$1,195+13.8%
        Source: Owner Report a problem
        4/24/2015Listing removed$1,050
        Source: Zillow Rentals Report a problem
        4/22/2015Price change$1,050+5.5%
        Source: Beaver Plex Properties Report a problem
        4/7/2015Listed for rent$995-16.7%
        Source: Beaver Plex Properties Report a problem
        2/17/2015Listing removed$1,195
        Source: Zillow Rentals Report a problem
        2/13/2015Price change$1,195+25.8%
        Source: Beaver Plex Properties Report a problem
        1/20/2015Listed for rent$950+2.7%
        Source: Beaver Plex Properties Report a problem
        4/8/2014Listing removed$925
        Source: Zillow Rentals Report a problem
        12/28/2013Price change$925+3.4%
        Source: B Plex Properties Report a problem
        11/4/2013Listed for rent$895+5.3%
        Source: [removed] Plex Properties Report a problem
        4/7/2013Listing removed$850
        Source: Beaver Plex Apts Report a problem
        3/24/2013Listed for rent$850-10.5%
        Source: Beaver Plex Apts Report a problem
        10/16/2012Listing removed$950
        Source: Beaver Plex Apts Report a problem
        9/24/2012Listed for rent$950+11.8%
        Source: Beaver Plex Apts Report a problem
        5/2/2012Listing removed$850
        Source: Beaver Plex Apts Report a problem
        2/28/2012Listed for rent$850
        Source: Beaver Plex Apts Report a problem
        4/1/1983Sold$134,000$30/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Aloha

        Getting around

        42 / 100
        Car-Dependent
        55 / 100
        Good Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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