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Eric Andrews, Principal Broker
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1046 NE 17th Ave, Hillsboro, OR 97124

$3,150,000
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Property Description

Welcome to your next investment opportunity.This well-maintained 18-unit apartment complex is located in a desirable neighborhood with convenient access to shopping, major roadways, and daily amenities.The property is owner-managed and 100% occupied, reflecting stable operations. An on-site laundry room provides additional income. All rental agreements are month-to-month, except for one unit with approximately five months remaining on its lease.No rent increases have been implemented in the past 13 months, offering immediate upside potential for a new owner.Please do NOT disturb tenants.No site visits without a scheduled appointment.

1046 NE 17th Ave | MLS# 667222586

This multi-family property located at 1046 NE 17th Ave, Hillsboro, OR 97124 is currently listed for sale with an asking price of $3,150,000. Search Hillsboro real estate on ericandrews.bendpremierrealestate.com today.

MLS#667222586
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Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 2.0
Taxes: $21,133
Year Built: 1975

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator
Rent: $1400.00
Square Footage: 836
Total Units: 15
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Range, Refrigerator
Rent: $1200.00
Square Footage: 608
Total Units: 2
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator
Rent: $1700.00
Square Footage: 1150
Total Units: 1

Feature Descriptions

Days on Site: 19
Exterior: Panel, Wood Siding
Gross Income: $302439.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $199146.00 (Actual)
Operating Expenses: $103293.00 (Actual)
Parking: Open
Parking Notes: Open
Sewer: Public Sewer
Special View Info: Territorial
Units: 18
Water: Public Water

Local Schools

High School: Liberty
Middle School: Poynter
Elementary School: Mooberry

Listed By / Shown By

Listed By

Agency Name: Great Western Real Estate Co
Agency Contact: GreatWesternRE@gmail.com

Shown By

Agent Name: Eric Andrews, Principal Broker
Agent Phone: (541) 771-1168
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 18,607.95 per month $15,928.11 Principal & Interest $1,761.08 Property Tax $918.75 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Eric Andrews, Principal Broker
Eric Andrews, Principal Broker Office: (541) 323-2779 Cell: (541) 771-1168 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/08/2026. The listing information on this page last changed on 07/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/08/2026 12:10:37 AM EST) or RMLS (last updated Wed 07/08/2026 12:05:27 AM EST) or COAR/MLSCO (last updated Wed 07/08/2026 12:01:19 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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