121 SE 8th Ave, Hillsboro, OR 97123

$1,049,999

Beds

Baths

0.02 ac

Property Size

2002

Year Built

About The Property

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]

ARCHITECTURE

Stories: 2
Condition: Approximately
Year Built: 2002
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Electricity, Gas
Interior SqFt: 2652

EXTERIOR FEATURES

Lot Features: Level, On Bus Line
Lot size (Acres): 0.02
Zoning: SCR-DNC
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Lincoln
High School: Glencoe
Middle: Evergreen

TAX & FINANCIAL

Annual Tax: $2242.58
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Knipe Realty ERA Powered | 503-929-1223
Days On Market: 207

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 720344

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Erik Leland