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12721 SE 352nd Ave, Boring
$2,500,000
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- Price per sqft
- $476.19
- Built in
- 1965
- Property size
- 5,250 sqft
- Lot size
- 12.3 acres
- Property type
- Residential
- Days on market
- 235
Overview
Rare income-producing estate on 9.96 acres + adjoining 2.34 acre parcel with huge live-and-earn, multi-generational and investment potential. On the property are multiple income streams projected to exceed $20,500 per month from the 3,200 SF shop, 11 manufactured/mobile homes, 5 resident storage bays, barn and large 5,320 SF dual-living residence. This unique property offers massive upside in updating the vacant residence and improving the existing infrastructure. The manor residence features dual-living potential with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. Projected rents are at $20,500 per month with an achievable pro-forma CAP rate of 6.17%. Financials available upon request.
Details
Interior
- Interior features
- Laundry, Separate Living Quarters / Apartment / Aux Living Unit
- Appliances
- Built-in Oven, Built-in Range, Cooktop, Dishwasher, Double Oven, Range Hood
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Baseboard
Exterior and lot
- Lot size
- 12.3 acres
- Exterior features
- Barn, Covered Patio, Porch, RV / Boat Storage, Yard
- Lot features
- Corner Lot, Gentle Sloping
- Architectural style
- Daylight Ranch, Mid Century Modern
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Septic Tank
- Water source
- Well
Parking
- Garage spaces
- 2
- Parking
- Covered, Driveway
- Total parking
- 2
Schools
- High school
- Sandy
- Middle school
- Boring
- Elementary school
- Kelso
Location
- City
- Boring
- County
- Clackamas
- Zoning
- EFU
Taxes and dues
- Annual taxes
- $6,758 (2025)
Location
12721 SE 352nd Ave, Boring, OR 97009
Monthly payment estimate
$13,869 /mo
- Principal and interest
- $13,306
- Property tax (2025)
- $563
- Total
- $13,869
Estimate only, and not an offer of credit. Assumes 20% down ($500,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
