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Home + Sea Realty
4 Beds4 Baths2,204 sqft

12380 SW Walnut St, Tigard

$675,000

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ActiveMLS®: 713740556Listing held by another brokerage, marked RMLS
Price per sqft
$306.26
Built in
1975
Property size
2,204 sqft
Lot size
11,761 sqft
Property type
Residential
Days on market
0

Overview

Excellent investment opportunity in an established Tigard neighborhood! This well-maintained, single-level duplex features two mirrored units, each offering 2 bedrooms, 2 bathrooms, and 1,102 square feet of comfortable living space. Beautiful vaulted ceilings create an open, airy feel, while mature fir trees and spacious, fully fenced backyards provide privacy and room to relax or entertain. Recent improvements include a new roof in 2020, water heaters in 2023, and several updated appliances. Conveniently located within 2 miles of Summerlake Park, Progress Ridge, and downtown Tigard, with shopping, dining, and recreation nearby. With a current 5.8% cap rate and a history of consistent occupancy, this property presents an attractive opportunity for investors seeking established rental performance. The versatile duplex layout also offers flexibility for a variety of ownership goals, including the potential for owner-occupied living with supplemental rental income.

Details

Interior

Interior features
Vaulted Ceiling
Appliances
Dishwasher, Disposal, Free Standing Refrigerator
Cooling
No
Heating
Yes
Heating description
Baseboard

Exterior and lot

Lot size
11,761 sqft
Exterior features
Fenced
Lot features
Level, Trees
Architectural style
One Story, Common Wall
Roof
Composition
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
2
Parking
Driveway
Total parking
2

Schools

High school
Tigard
Middle school
Fowler
Elementary school
Mary Woodward

Location

City
Tigard
County
Washington
Zoning
R 4.5
Subdivision
Curl Acres

Taxes and dues

Annual taxes
$6,689

Location

12380 SW Walnut St, Tigard, OR 97223

Map showing the location of 12380 SW Walnut St, Tigard, OR 97223
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,150 /mo

20% · $135,000
7.00%
Principal and interest
$3,593
Property tax
$557
Total
$4,150

Estimate only, and not an offer of credit. Assumes 20% down ($135,000) 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.

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