About This Home

This 6-bedroom, 6-bathroom residential multi family at 121 SE 8TH Ave in Hillsboro, OR is listed for $1,049,999 ($396 per sqft). Built in 2002, the home offers 2,652 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 2002
  • 0.02 acre lot
  • 2 stories

Property Details

2 stories
6 full
2002

Amenities

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Listing Description

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

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

121 SE 8TH Ave

Hillsboro, OR 97123

CPO 9 HILLSBORO/ORENCO

Property Details

Views

CityTerritorial

Heating

Forced Air

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 121 SE 8TH Ave is listed at $1,049,999 ($396/sqft). The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2002, 0.02 acre lot, 2 stories.

This property is listed by Renae Thompson.

RT

Renae Thompson

Agent at Knipe Realty NW Inc

Listed by Knipe Realty NW Inc · Broker phone: (360) 904-4463 · View on Broker Site

MLS# 108703487· Source: Regional Multiple Listing Services· 272 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 SE 8TH Ave, Hillsboro, OR 97123

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