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Sold on 12/04/2025
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2724 N Davis Ct, Cornelius, OR 97113

  • $690,000

    Last sold 12/04/2025 after 13 Days

  • —

    bed

  • —

    bath

  • 3,312

    Sqft ($208/Sqft)

Multi-family not for sale
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About 2724 N Davis Ct

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Rental estimate
Property description
Solid Four Plex Investment in a Great Cornelius Location! Excellent investment opportunity in the heart of Cornelius. This solid four plex offers four single level units, with newer flooring in three of them. The property has received fresh exterior paint in November 2025 and features on site parking and individual storage for tenants. Each unit provides comfortable living space and reliable rental potential, making this a strong income producing asset. Situated in a convenient Cornelius location, residents enjoy easy access to nearby shopping, dining, parks, and major commuter routes. Whether you are expanding your portfolio or seeking a great property with long term upside, this four plex is a great addition to any investor’s holdings.
Listed by
Listing Agent - Jesse Dill
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#788446709 • last updated 6 months ago
Movoto checked RMLS for data 10 minutes ago
Overview
Heating Baseboard
MLS # 788446709
Type Multi Family
Status Sold
Property Tax 5254.41
Year Built 1977
Exterior
Roof Composition
Exterior Features Aluminum
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Washington
Area 152 - Hillsboro, Forest Grove
Elementary School Free Orchards
Middle School Evergreen
High School Glencoe
Zoning Multi
Directions Hwy 8, N On N 29th Ave, L On N Davis To Property
APN R756113
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 1300
Unit Type 4: Rent 1125
Unit Type 3: Rent 1250
Unit Type 2: Rent 1250
Total # of Units 4
Gross Rent Multiplier 11.76
Net Operating Income 49646
Operating Expense 9454
Gross Scheduled Income 67200
Gross Income 59100
Cap Rate 7.14
Net Scheduled Income 53546
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jan 2026
    mls logo MLS # 788446709
  • Jan 14, 2026 Sold
    $690,000 (-0.7%)
  • Dec 4, 2025 Pending
    —
  • Nov 21, 2025 Listed
    $695,000
  • 2724 N Davis Ct
    $690K
  • 152 - Hillsboro, Forest Grove
    —
  • 97113
    $549K 0% y/y
  • Cornelius
    $549K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Free Orchards Elementary School
public Grades K-6
Hillsboro School District 1j
2/10
Evergreen Jr High School
public Grades 7-8
Hillsboro School District 1j
5/10
Glencoe High School
public Grades 9-12
Hillsboro School District 1j
Source: GreatSchools.org © 2026. All rights reserved.

Around 152 - Hillsboro, Forest Grove

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