$1,049,999
 $5,637 est/mo Sourced by Back At You

121 SE 8th Ave,Hillsboro, OR 97123

Hillsboro, OR 97123

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Description

Check out this fabulous tri-plex! Exceptional investment opportunity in the Heart of Hillsboro! Just one block from Pacific University, minutes from OHSU/Tuality Hospital, MAX, bus lines, and vibrant downtown Hillsboro. This highly desirable property features three well-appointed townhomes-each on its own tax lot-offering 2 bedrooms and 1.1 baths per unit. Two units have new furnishings that come with the property! Extensively updated, this property boasts a new roof (2024), new washers, dryers, and refrigerators (2024), and private, fully fenced yards with new Trex decking (2025). Additional highlights include efficient gas heating, modern wood-laminate flooring on the main level, and fresh interior paint throughout. Best of all, there are no HOA fees. Ideal for investors seeking strong returns or owner-occupants looking to live in one unit while generating rental income from the others. Also great for short term rentals! A truly rare offering combining premier location, flexibility, and long-term value. Units have separate tax ID #'s and can be sold separately. Taxes reflect one unit. Total annual taxes are $6,727.74. This listing is related to MLS #270044679, MLS# 401477531, MLS # 312596004 [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233586]

Details

MLS #108703487
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2002
Days On Site272
Listing Provided ByKnipe Realty ERA Powered | Renae Thompson

Features

SQ Feet2,652
BasementY
Story(s)2
Units3
ZoningSCR-DNC
Acreage0.02
Property ViewCity, Territorial

Interior

HeatingForced Air
Heating YnYes
CoolingNone
Cooling YnNo

Exterior

RoofComposition
Security FeaturesSidewalk
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel, On Busline

Parking

Attached Garage YnNo
Parking FeaturesDriveway

Taxes

Property2242

Area Information

StateOR
CountyWashington
CityHillsboro
Zip Code97123
Community NameCPO 9 HILLSBORO/ORENCO
School DistrictGlencoe
Elementary SchoolLincoln
High SchoolGlencoe
Listing VS Median (in CPO 9 HILLSBORO/ORENCO)
Price:
$1,049,999
low | high
Med:
$595,000
93.333279365028% of Average
sqft:
2,652
low | high
Med:
2,107
70.550527903469% of Average
$ / sqft:
$396
low | high
Med:
$284
78.242442698973% of Average
On site:
272
low | high
Med:
100.5
100% of Average
Sourced by Back At You

Market Activity 97123

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyWashington
CityHillsboro
Zip Code97123
Community NameCPO 9 HILLSBORO/ORENCO
School DistrictGlencoe
Elementary SchoolLincoln
High SchoolGlencoe
Listing VS Median (in CPO 9 HILLSBORO/ORENCO)
Price:
$1,049,999
low | high
Med:
$595,000
93.333279365028% of Average
sqft:
2,652
low | high
Med:
2,107
70.550527903469% of Average
$ / sqft:
$396
low | high
Med:
$284
78.242442698973% of Average
On site:
272
low | high
Med:
100.5
100% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 11:52:45 PM PDT