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  • $2,500,000

    4355 Riverview Ave, West Linn, OR 97068

    30beds
    13,500sqft
    : 
    $17,673/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Private yards and decksUniform floor planDedicated parking
    Riverview Heights presents a rare opportunity to acquire a 10-unitresidential income property in one of the Portland Metro’s most desirable and supply-constrained communities. West Linn’s constrained geography, top-rated schools, and consistent demand make it an exceptionally difficult market to replicate entry into.The property’s most distinctive feature is its six separate tax lots, a structural advantage unavailable in conventional multifamily product. Units can be sold individually over time, repositioned as owner-occupied housing, or transferred as part of estate and succession planning, giving investors a built-in exit strategy that adds long-term optionality to near-term cash flow.Each residence offers 3 bedrooms, 1.5 baths, private yards and decks, in-unit washer/dryer hookups, and dedicated parking — a combination that attracts stable, long-term tenants and supports below-market turnover. The uniform floor plan across all ten units keeps operations simple and management efficient.With immediate access to I-205 and SR-43, residents enjoy seamless connectivity to Lake Oswego, downtown Portland, and the broader South Metro. Riverview Heights is the kind of asset that rarely trades: quality housing in a premier submarket, with the flexibility to hold for income, sell units individually, or transfer wealth to the next generation, entirely on your terms.
    12 days
    |
    455
    |
    18
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Fezler 503-313-8149,

    Apex Residential

    Source: RMLS (OR),MLS#: 440162462MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 30
      • Bathrooms: 20
      • Full bathrooms: 10
      • Partial bathrooms: 10
      Heating
      • Other
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Electric Water Heater, Gas Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Flooring: Hardwood
      • Basement: Daylight
      Interior area
      • Total structure area: 13,500
      • Total interior livable area: 13,500 sqft

      Property

      Parking
      • Total spaces: 20
      • Parking features: Assigned
      Features
      • Stories: 3
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Mountain(s), River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front, Seasonal
      Lot
      • Size: 1.02 Acres
      • Features: Gentle Sloping, Acres 1 to 3
      Details
      • Additional parcels included: 00413957,00413993
      • Parcel number: 00413948
      • Zoning: R-4.5

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • Updated/Remodeled
      • Year built: 1972

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: All Landscaping
      • Security: Security Lights
      Location
      • Region: West Linn

      Financial & listing details

      • Price per square foot: $185/sqft
      • Annual tax amount: $3,262
      • Date on market: 7/14/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 21280
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/14/2026Listed for sale$2,500,000+96.9%$185/sqft
        Source: RMLS (OR) #440162462 Report a problem
        8/27/2025Listing removed$2,400
        Source: Zillow Rentals Report a problem
        8/17/2025Listed for rent$2,400+4.3%
        Source: Zillow Rentals Report a problem
        5/3/2025Listing removed$2,300
        Source: Zillow Rentals Report a problem
        3/29/2025Listed for rent$2,300
        Source: Zillow Rentals Report a problem
        3/21/2025Listing removed$2,300
        Source: Zillow Rentals Report a problem
        3/15/2025Listed for rent$2,300+4.5%
        Source: Zillow Rentals Report a problem
        8/28/2024Listing removed$2,200
        Source: Zillow Rentals Report a problem
        7/8/2024Listed for rent$2,200
        Source: Zillow Rentals Report a problem
        5/26/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/11/2024Listed for rent$2,200+11.4%
        Source: Zillow Rentals Report a problem
        11/20/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/8/2022Listed for rent$1,975
        Source: Zillow Rental Manager Report a problem
        5/27/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/25/2022Listed for rent$1,975+12.9%
        Source: Zillow Rental Manager Report a problem
        3/1/2021Listing removed--
        Source: Owner Report a problem
        5/6/2020Listing removed$1,750
        Source: Owner Report a problem
        4/29/2020Listed for rent$1,750
        Source: Owner Report a problem
        10/9/2015Sold$1,270,000$94/sqft
        Source: RMLS (OR) #15208564 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset

        Getting around

        42 / 100
        Car-Dependent
        35 / 100
        Some Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sunset
        • Middle: Rosemont Ridge
        • High: West Linn

        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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