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Sold on 08/16/2018
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302 S 19th Ave, Cornelius, OR 97113

  • $615,000

    Last sold 08/16/2018 after 8 Days

  • —

    bed

  • —

    bath

  • 3,072

    Sqft ($200/Sqft)

Multi-family not for sale
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About 302 S 19th Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Rental estimate
Property description
Charming 4-plex has been lovingly cared for by long term tenants. Unit A was extensively updated ($30,000+) in 2017 with new kitchen, bath & flooring. All units have updated baths. Private, fenced yards. Additional 7000sf buildable lot included, which could be built on or sold separately. Rent increases in October results in 6% cap. Great investment for a creative investor. Buy with ML# 18032856 for a complete portfolio.
Listed by
Listing Agent - Shannon Rose
Listing Office - Encompass Realty LLC
Source: RMLS mls logo
MLS#18378534 • last updated 2 years ago
Movoto checked RMLS for data 8 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Wall Furnace
MLS # 18378534
Type Multi Family
Status Sold
Property Tax 4401.05
Year Built 1960
Exterior
# Parking Spaces 8
Exterior Features Wood Siding
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 Echo Shaw
Middle School Neil Armstrong
High School Forest Grove
Elementary School2 Tom McCall
Zoning R7
Directions S 20th, West On Alpine To 19th
APN R2117167
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 950
Unit Type 2: Rent 1100
Total # of Units 4
Gross Rent Multiplier 17.73
Operating Expense Scheduled 11850
Net Operating Income 25313
Operating Expense 8500
Gross Scheduled Income 47400
Gross Income 33813
Cap Rate 4.22
Net Scheduled Income 35550
We are not permitted to show value estimates for this property.
  • Dec 2025
    mls logo MLS # 461227769
  • Dec 12, 2025 Listed
    $950,000 (+54.5%)
  • Dec 2018
    mls logo MLS # 18378534
  • Dec 5, 2018 Sold
    $615,000 (+2.6%)
  • Aug 16, 2018 Pending
    —
  • Aug 8, 2018 Listed
    $599,500
  • 302 S 19th Ave
    $615K
  • 152 - Hillsboro, Forest Grove
    —
  • 97113
    $544K 0% y/y
  • Cornelius
    $544K 0% 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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