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Sold on 10/08/2023
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1950 S Alpine St, Cornelius, OR 97113

  • $535,000

    Last sold 10/08/2023 after 3 Days

  • —

    bed

  • —

    bath

  • 1,728

    Sqft ($310/Sqft)

Multi-family not for sale
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About 1950 S Alpine St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Rental estimate
Property description
Single Level Duplex With Solid Rental History! 2 bedroom, 1 bath, attached 1 car garage on each side. Now is your time and your chance to join the worlds club of real estate investors. Close to bus line, grocery stores, restaurants & cafes. Fenced yard, tile & laminate flooring, plenty of space for parking. All vinyl, double pane windows and one unit has updated flooring, kitchen & bathroom cabinets and counter tops. Rents are under market, the tenants benefit by the common wall being between the 2 garages. About 8 minute drive to Pacific University or downtown Hillsboro. Please do not disturb the tenants or walk the property.
Listed by
Listing Agent - Tim Hardy
Listing Office - Keller Williams Realty Professionals
Source: RMLS mls logo
MLS#23166982 • last updated 2 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Baseboard
MLS # 23166982
Type Multi Family
Status Sold
Property Tax 2798.13
Year Built 1981
Exterior
Roof Composition
# Parking Spaces 4
Lot Desc Level, On Busline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Washington
Area 152 - Hillsboro, Forest Grove
Elementary School Echo Shaw
Middle School Neil Armstrong
High School Forest Grove
Zoning A2
Directions E Baseline - S On 20th Ave - R On S Alpine St
APN R2028076
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1300
Unit Type 2: Rent 1450
Total # of Units 2
Gross Rent Multiplier 16.67
Net Operating Income 24954
Operating Expense 7446
Gross Income 32400
Cap Rate 4.62
We are not permitted to show value estimates for this property.
  • Dec 2023
    mls logo MLS # 23166982
  • Dec 1, 2023 Sold
    $535,000 (-0.9%)
  • Oct 10, 2023 Pending
    —
  • Oct 5, 2023 Listed
    $540,000
  • 1950 S Alpine St
    $535K
  • 152 - Hillsboro, Forest Grove
    —
  • 97113
    $534K -2% y/y
  • Cornelius
    $537K -2% y/y
No chart available
Statistics calculated by Movoto

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1/10
Echo Shaw Elementary School
public Grades PK, K-6
Forest Grove School District 15
2/10
Neil Armstrong Middle School
public Grades 7-8
Forest Grove School District 15
6/10
Forest Grove High School
public Grades 9-12
Forest Grove School District 15
Source: GreatSchools.org © 2026. All rights reserved.

Around 152 - Hillsboro, Forest Grove

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