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Sold on 07/23/2026
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385 S Cherry Dr, Cornelius, OR 97113

$619,000

Last sold 07/23/2026 after 49 Days

  • —

    bed

  • —

    bath

  • 26,142

    Sqft ($24/Sqft)

Multi-family not for sale
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About 385 S Cherry Dr

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 8,712 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Family Owned since it was built, Owners Unit has never been rented.Lovely large Kitchen and dining room, lots of storage, Utility room and Entry with skylight. Spacious units, Owners Unit has fireplace and patio lovely gardens, attached garages with openers and access to unit from garages. Great Location, to Village of Cornelius and shopping, restaurants and public transportation. Come see for yourself you will not be disappointed. This place has been deeply loved.
Listed by
Listing Agent - Rod Renwick
Listing Agent Contact: Renwick@equitygroup.com
Listing Office - RE/MAX Equity Group
Source: RMLS mls logo
MLS#215686358 • last updated 3 weeks ago
Movoto checked RMLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Forced Air - 90%
MLS # 215686358
Type Multi Family
Status Sold
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 4783.62
Year Built 1979
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Washington
Area 152 - Hillsboro, Forest Grove
Elementary School Fern Hill
Middle School Neil Armstrong
High School Forest Grove
Zoning A-2
Directions Basline To South 4th Street
APN R410273
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 1995
Total # of Units 3
Gross Rent Multiplier 13.98
Operating Expense Scheduled 16223
Net Operating Income 27170
Operating Expense 16310
Gross Scheduled Income 46680
Gross Income 44280
Cap Rate 4.39
Net Scheduled Income 28057
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Sep 2026
    mls logo MLS # 215686358
  • Sep 5, 2026 Sold
    $619,000
  • Jul 23, 2026 Pending
    —
  • Jun 4, 2026 Listed
    $619,000
  • Sep 2026
    mls logo MLS # 308696296
  • Sep 5, 2026 Sold
    $619,000
  • Jul 23, 2026 Pending
    —
  • Jun 26, 2026 Listed
    $619,000
  • Oct 2025
    mls logo MLS # 324448032
  • Oct 18, 2025 Price Change
    $619,000 (-3.1%)
  • May 3, 2025 Listed
    $679,000
  • May 2025
    mls logo MLS # 439486085
  • May 3, 2025 Listed
    $639,000 (-5.9%)
  • Year Property taxes Tax assessment
  • 2024
    $4,655 +9.5%
    $252,540 +3.0%
  • 2023
    $4,251 +12.9%
    $245,190 +3.0%
  • 2022
    $3,766 +1.2%
    $238,050 +3.0%
  • 2021
    $3,722 +0.4%
    $231,120 +3.0%
  • 2020
    $3,707 +2.2%
    $224,390 +3.0%
  • 2019
    $3,627 +3.2%
    $217,860 +3.0%
  • 2018
    $3,515 +3.2%
    $211,520 +3.0%
  • 2017
    $3,406 +2.9%
    $205,360 +3.0%
  • 2016
    $3,310 +6.3%
    $199,380
  • 2015
    $3,115
    —
  • 385 S Cherry Dr
    $619K
  • 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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3/10
Fern Hill Elementary School
public Grades PK, K-4
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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