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LuzMaria Simmons

realtor@luzmariasimmons.com +1(503) 422-1919

Listed by Apex Residential

$ 2,500,000

Est. payment | -/mo

13,500 SqFt

Save

$ 2,500,000

Est. payment | -/mo

Save

13,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,500 sqft

Price per Sqft $185

MLS Listing ID 440162462

Year Built 1972

Annual Tax Amount $3,262

Tax Year 2025

Lot Size 1.020 Acres

Property Description

Riverview Heights presents a rare opportunity to acquire a 10-unitresidential income property in one of the Portland Metro's most desirable and supply-constrained communities. West Linn's constrained geography, top-rated schools, and consistent demand make it an exceptionally difficult market to replicate entry into.The property's most distinctive feature is its six separate tax lots, a structural advantage unavailable in conventional multifamily product. Units can be sold individually over time, repositioned as owner-occupied housing, or transferred as part of estate and succession planning, giving investors a built-in exit strategy that adds long-term optionality to near-term cash flow.Each residence offers 3 bedrooms, 1.5 baths, private yards and decks, in-unit washer/dryer hookups, and dedicated parking — a combination that attracts stable, long-term tenants and supports below-market turnover. The uniform floor plan across all ten units keeps operations simple and management efficient.With immediate access to I-205 and SR-43, residents enjoy seamless connectivity to Lake Oswego, downtown Portland, and the broader South Metro. Riverview Heights is the kind of asset that rarely trades: quality housing in a premier submarket, with the flexibility to hold for income, sell units individually, or transfer wealth to the next generation, entirely on your terms.

Location

State OR

County Clackamas

Community Alllandscaping

Area _147

Zoning R-4.5

Rooms

Basement Daylight

Interior

Heating Other

Cooling Other

Exterior

Community Features AllLandscaping

Waterfront Description RiverFront,Seasonal

View Mountain, River

Roof Type Flat

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Sunset

Middle Schools Rosemont Ridge

High Schools West Linn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 422-1919

realtor@luzmariasimmons.com

2175 NW Raleigh Str #110, Portland, Oregon, 97210, USA

4355 RIVERVIEW AVE West Linn, OR 97068