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12721 SE 352nd Ave, Boring, OR 97009

$2,600,000
  • bed

  • bath

Multi-family for sale 221 days
$150K price drop

About 12721 SE 352nd Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 12.34 Acre
Rental estimate
Property description
Rare income-producing estate on 9.96 acres + adjoining 2.34 acre parcel with huge live-and-earn, multi-generational and investment potential. On the property are multiple income streams projected to exceed $20,500 per month from the 3,200 SF shop, 11 manufactured/mobile homes, 5 resident storage bays, barn and large 5,320 SF dual-living residence. This unique property offers massive upside in updating the vacant residence and improving the existing infrastructure. The manor residence features dual-living potential with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. Projected rents are at $20,500 per month. Financials available upon request.
Listed by
Listing Agent - Cory Carlson
Listing Agent Contact: 503-222-0282
Listing Office - Constant Commercial Real Estate Inc
Source: RMLS mls logo
MLS#751945615 • last updated 3 months ago
Movoto checked RMLS for data 5 minutes ago
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Overview
Heating Baseboard
MLS # 751945615
Type Multi Family
Status Active
Lot Size (SqFt) 537530
Lot Size (Acres) 12.34
Property Tax 6757.79
Year Built 1965
Exterior
Roof Composition
Exterior Features CementSiding, Stone
Lot Desc CornerLot, GentleSloping
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Septic Tank
Water Source Well
Location
County Clackamas
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Kelso
Middle School Boring
High School Sandy
Zoning EFU
Directions Turn South Off Compton To SE 352nd
APN 644565
Multifamily Details
Operating Expense Scheduled 63990
Net Operating Income 169710
Gross Scheduled Income 233700
Cap Rate 6.53
Net Scheduled Income 169710
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Source: GreatSchools.org © 2026. All rights reserved.

Around Boring

Explore everything this neighborhood has to offer.
3/100
Walk
77/100
Family
27/100
Dining
70/100
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  • Real Estate
  • OR
  • Clackamas County
  • Boring
  • 97009
  • 12721 SE 352nd Ave

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