Investment opportunity in Hillsboro. Nice location with easy access to safely home Depot. Many other shopping dining options. Single level duplex live in one and rent the other or rent both. Please do not disturb occupants. Call for appointment today.
Multi-familyProperty Type
1973Year Built
7,405 sq ftLot Size
4 spacesParking
Listed by Jacob Goldberg• Innovate Real Estate LLC
South Hillsboro, located between Tualatin Valley Highway and the Tualatin River National Wildlife Refuge, is a master-planned and suburban Hillsboro neighborhood with new-build streetscapes and trail-linked green space. The neighborhood’s character concentrates around the Reed’s Crossing Town Center area near SW Tualatin Valley Highway and SW River Road, where cafes, small services, and community gathering spots cluster beside wide sidewalks. Nearby, Grand Central Bakery, Insomnia Coffee Co., and Bag & Baggage Productions act as local pillars for bread-and-coffee rituals and stage nights. Housing leans contemporary, with front-porch townhomes and modern single-family designs set along pocket parks. Paths and wetlands-edge views shape daily routines, with parks and sports fields framing the landscape. The feel is orderly and outdoors-oriented, with a steady rhythm of errands, walks, and community events.
Provided by Walk Score and Local Logic
Offer insights
2027 SE River Rd · $499,000
$499K and above
75% chance or better to win
Why $499K+ is a strong offer
DAYS ON MARKET
36 days
The average home goes pending in 10 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Crawl space basement
Bedrooms
Two bedrooms in each unit (Unit type 1: 2 beds)
Bathrooms
One bathroom in each unit (Unit type 1: 1 bath)
Kitchen
Dishwasher
Refrigerator
Laundry & utility
Washer/dryer hookup
Heating & cooling
Zoned heating
No central cooling reported
Electric hot water
Exterior features
Level lot
Paved road frontage
Other exterior description
Home design
Multi-family property
Not attached
Built in 1973
Entry/facing details not provided
Parking
Driveway parking
Total of 4 parking spaces
Construction
Composition roof
Pillar/post/pier foundation
Utilities
Public water
Public sewer
Electric service
Financial info
Two total units
Unit rent example: $1,350 for a unit (Unit type 1 actual rent)
Gross rent multiplier and cap rate provided (GRM 32.81, Cap Rate 2.29)
Other
Parcel: R331288
Zoning: Mul
Electricity and solar
View estimated energy costs and solar savings for this home
Create and Maintain Middle Housing and Single Detached Residential Opportunities. The MR-1 zone implements the highest density of the Residential Medium Density Comprehensive Plan designation, providing an opportunity for small lot single detached dwellings, middle housing, and multi-dwelling residential development in appropriate areas; Preserve Neighborhood Livability. The MR-1 zone encourages livability in existing and future residential neighborhoods by allowing residential development with compatible non-residential uses such as schools, assembly facilities and parks.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
11 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Hillsboro, OR • 97123
Average low and high temperatures (°F)
47
35
49
37
56
42
64
44
69
48
76
53
82
57
84
61
77
56
63
47
52
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Hillsboro. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2027 SE River Rd
$490,175
$8,825 under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $485K to $557K.