Income-producing duplex in the heart of Hillsboro! Both units are occupied by longtime tenants, offering established rental income and an appealing opportunity to expand your investment portfolio. Conveniently located near shopping, dining, and everyday services, with nearby Turner Creek Park offering trails, sports courts, and outdoor recreation. Access to the Hillsboro Airport/Fairgrounds MAX station connects residents with the broader Portland metro area, while downtown Hillsboro adds local restaurants, shops, and community amenities. A compelling opportunity to acquire an established rental property in a convenient Washington County location.
The Walnut Apartments represent a rare opportunity to acquire a 22-unit, single-level apartment community in the highly desirable Hillsboro submarket (Washington County), offering immediate operational value-add potential.The property features a low-density, courtyard-style layout spread across five separate buildings, an increasingly scarce product type that provides a differentiated living experience. The unit mix includes (4) one-bedroom, (16) two-bedroom, and (2) three-bedroom units, with a variety of floorplans and strong in-place amenities for this vintage. Units feature washer/dryer hookups in all two- and three-bedroom floorplans, private fenced patios, and dedicated carports or garages for each resident, features that continue to drive tenant demand and support rent growth.Additional income potential exists through on-site storage and a fully finished utility room (currently utilized as owner storage), providing a clear path to further revenue growth beyond the rents.The property has been well maintained with meaningful recent capital improvements, including energy-efficient vinyl windows (2016–2017), new electrical panels in all units (2023), new gutters (2025), and ongoing interior renovations, highlighted by higher-end upgrades to the three-bedroom units completed in 2023–2024.Current rents are estimated to be below market, presenting investors with the opportunity to implement a targeted renovation and management strategy to capture significant rental upside, or continue to benefit from organic rent growth in Hillsboro.Located just three blocks from the MAX Light Rail and near downtown Hillsboro, the property offers excellent access to major employment centers, services, and transportation. The Walnut Apartments are well-positioned in the path of continued growth and investment within the Hillsboro submarket, offering investors the opportunity to acquire a well-located asset with immediate upside and long-term appreciation potential.
Pictures from before current tenant moved in. Hard to get good pictures with tenants living in them. Last exterior photos recent. Please don't bother tenants. Offers subject to interior inspection. Each unit has it's own gas furnace and they were replaced in the last 3 years. Duplex that is in good shape in a popular area with long term tenants.
Investment opportunity in a convenient Hillsboro location! This income-producing duplex features two units, each with 2 bedrooms, 1 bathroom, approximately 784 square feet of living space, and an attached 1-car garage. Both units offer washer and dryer hookups, plus sliding doors that open to private patios and yard space. Unit B is currently vacant and available to show, making it easy to get a closer look at the property and its potential. Less than 2 miles from Old Town Hillsboro, with local shops, restaurants, theaters, and more nearby. Looking to expand your investment? The adjoining duplex is also available under MLS #651875792, or purchase both properties together under MLS #100259281. A great opportunity to add a well-located multifamily property to your portfolio!
Investment opportunity in a convenient Hillsboro location! This income-producing duplex features two units, each with 2 bedrooms, 1 bathroom, approximately 784 square feet of living space, and an attached 1-car garage. Both units offer washer and dryer hookups, plus sliding doors that open to private patios and yard space. Unit D has undergone significant recent remodeling and upgrades, adding even more appeal. Current rents have not been increased in some time, offering potential for future income growth. Unit C currently provides landscaping services in exchange for a rent discount. Situated on a larger lot with potential commercial zoning opportunities due to recent county changes; buyer to verify zoning, permitted uses, and development potential. Less than 2 miles from Old Town Hillsboro, with local shops, restaurants, theaters, and more nearby. The adjoining duplex is also available under MLS #707233148, or purchase both properties together under MLS #100259281. A compelling opportunity for investors looking for income today with potential for the future.
Four units, two adjoining duplexes, and one compelling Hillsboro investment opportunity! Offered together, these income-producing properties feature four 2-bedroom, 1-bath units, each with approximately 784 square feet of living space and its own attached 1-car garage. Each unit also offers washer and dryer hookups, plus sliding doors that open to private patio and yard space. Unit B is currently vacant and available to show, while Unit D has undergone significant recent remodeling and upgrades. Current rents have not been raised in some time, offering potential for future income growth. Unit C currently provides landscaping services in exchange for a rent discount. The properties include a larger lot with potential commercial zoning opportunities due to recent county changes; buyer to verify zoning, permitted uses, and development potential. Located less than 2 miles from Old Town Hillsboro, with local shops, restaurants, theaters, and everyday amenities nearby. A unique chance to acquire four units together with existing income and potential for the future!
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.
ASK US HOW YOU COULD GET A LOWER INTEREST RATE! Looking for a property that can help build long-term wealth? This well-maintained Hillsboro duplex offers incredible flexibility for homeowners and investors alike! Both units are vacant and feature 3 bedrooms, 2.5 bathrooms, spacious primary suites with walk-in closets, generous kitchens, and private backyards. Each side also includes a newly installed deck, attached garage, private driveway, laundry hookups, and separate utilities. Unit 6123 features brand-new carpet, stove, and hood vent, while Unit 6121 offers newer AC, flooring, and appliances. Major improvements include a new roof and exterior paint in 2020, plus attic and crawlspace work in 2021. LIVE IN ONE, RENT THE OTHER, OR RENT BOTH! With both units available, explore the potential to generate approximately ~$5,000 per month in combined gross rental income based on previously reported rents (subject to current market conditions and applicable rental regulations). That's up to $60,000 annually in potential gross rental income before expenses! Whether you're looking to offset your mortgage, expand your investment portfolio, or create a multigenerational living arrangement, the possibilities are worth exploring. Close to Imlay Elementary, Brown Middle School, & Century High School, minutes from Frances Street Park, Foodlandia Food Carts, BRIX Tavern, Spitz, Insomnia Coffee, & Handel's Homemade Ice Cream, with easy access to Tualatin Valley Highway, Cornelius Pass Road, & US 26 for commuting to Intel, Nike, & other major employers. Two move-in-ready units & income potential you can't find regularly make this duplex an opportunity worth a closer look. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251162]
Nicely maintained and updated units in established Hillsboro Neighborhood. 2 units, both are two bedroom and one bathroom, oversized, fenced backyards and attached garage. Call for an appointment to view this home today!
Investment opportunity duplex. Each unit has three bedrooms, one bath, washer/dryer hookup in bathrooms. Shed for each unit, detached covered parking. Large corner lot. Separate electric meters, one water and sewer line. Roof replaced 2017. Unit B currently being remodeled. Room for RV parking.
Welcome to this rare opportunity to own a beautifully updated home offering space, flexibility, and comfort in a quiet, established Hillsboro neighborhood. This move-in-ready property is ideal for multigenerational living and also offers potential for use as a daycare, adult foster care home, DD home, group home, or RTH, subject to buyer verification and licensing requirements. Designed with adaptability in mind, this home features widened doorways, extra-wide hallways, and accessible bathrooms for ease of movement for all ages and mobility levels. The spacious kitchen features a large island, quartz countertops, updated fixtures, abundant cabinetry, and an open layout. The lower level offers a separate exterior entrance, a fully remodeled kitchenette with quartz countertops, 5 bedrooms, and 2 bathrooms, ideal for extended family, caregivers, or independent living quarters. Dedicated laundry closets on both levels add convenience for multigenerational households or separate living arrangements. Upstairs, enjoy open-concept living, formal dining area, newer flooring, and a spacious primary suite. Natural light fills the home, creating a warm and welcoming atmosphere throughout. Step outside to the large refinished deck and covered gazebo overlooking the fully fenced and landscaped backyard. Complete with a lower finished patio, garden shed and ample outdoor space, this home is ideal for gatherings, gardening, or simply relaxing. Conveniently located near parks, walking trails, shopping, dining, schools, and hospitals. Enjoy easy access to Highway 26, Tualatin Valley Highway, and public transportation. Major employers including Intel, Nike, Genentech, and Hillsboro's thriving technology corridor are just minutes away. Whether you're seeking a forever home for your family, an adult care facility, or a dual-purpose investment, this property is in a prime Hillsboro location offering possibilities that are difficult to find in today's market.
Welcome to your next investment opportunity.This well-maintained 18-unit apartment complex is located in a desirable neighborhood with convenient access to shopping, major roadways, and daily amenities.The property is owner-managed and 100% occupied, reflecting stable operations. An on-site laundry room provides additional income. All rental agreements are month-to-month, except for one unit with approximately five months remaining on its lease.No rent increases have been implemented in the past 13 months, offering immediate upside potential for a new owner.Please do NOT disturb tenants.No site visits without a scheduled appointment.
Tucked away in a quiet, private neighborhood, this exceptional opportunity offers the rare dynamic of two homes on one property!! Ideal for multi-generational living, rental income, or a private guest retreat. The original residence is a charming one-level fully remodeled cottage built in 1935, offering 916 square feet of inviting living space. With 2 bedrooms and timeless character, this home captures the warmth and simplicity of a classic cottage. The second home, added in 2005 (fully permitted) is a spacious two-story traditional offering 3,079 square feet with 4 bedrooms and 3 full bathrooms. Rich in detail and craftsmanship, it features beautiful exposed beams on both levels, elegant & tall wainscoting throughout, and a stunning custom fireplace flanked by built-in cabinetry, creating a warm and inviting centerpiece for the living space. Outside, the intentional, and well-maintained yard/garden offers endless beauty—perfect for outdoor living, entertaining, or gardening passion. Surrounded by peaceful scenery and tucked into a serene setting, this property offers a unique blend of privacy, charm, and versatility.
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]
Side by side duplex in Hillsboro.Brand new 30 year composite shingle roof with 10 year labor warranty (transferable). New gutters all around, new interior and exterior paint,new carpet,new fixtures and lighting. Clean vapor barrier under both units.Each unit is three bedroom and two full bathrooms. Each unit has it's own attached garage as well as an interior washer and dryer area. Plenty of parking in driveway as as well as street parking. Fully fenced backyard and patio for each unit.Tenants pay their own water, sewer, electric and garbage. Quarterly HOA of $164. Each unit has its own seperate water and electric meter. Great for owner occupant or investor.Gross rent of $4,000 a month.

Hillsboro is located in Oregon. Hillsboro, Oregon has a population of 105,909. Hillsboro is less family-centric than the surrounding county with 35.82% of the households containing married families with children. The county average for households married with children is 36.2%.
The median household income in Hillsboro, Oregon is $91,540. The median household income for the surrounding county is $92,025 compared to the national median of $69,021. The median age of people living in Hillsboro is 34.1 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 39.2 inches per year, with 3.2 inches of snow per year.