3560 SW Vista Dr, Portland, OR 97225
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
3560 SW Vista Dr,Portland, OR 97225
$3,585,000
- - Beds
- - Baths
- 22,016 sq. ft.
- Multi-family
- Pending
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:411762777
Source:PORTLAND
Price summary
- Price:$3,585,000
- Price per sq. ft.:$162.84
About this home
Vista Hills Apartments is a 25-unit multifamily community located in the highly desirable Vista Hills neighborhood of Southwest Portland, within unincorporated Washington County. Situated on a 1.03-acre site at 3560 SW Vista Drive, the property offers convenient access to Downtown Portland, Beaverton, Highway 26, and the major employment centers of the Sunset Corridor. The surrounding area benefits from strong household incomes, quality schools, established residential neighborhoods, and limited multifamily inventory, supporting long-term renter demand.Constructed in 1964, Vista Hills features an attractive unit mix of eight one-bedroom units, thirteen two-bedroom units, and four three-bedroom units. Seventeen of the property's twenty-five units (68%) are two-bedroom or three-bedroom floor plans, providing housing options that remain increasingly difficult to develop and highly attractive to long-term residents.Residents benefit from a variety of desirable amenities, including in-unit washer/dryers in nearly all two-bedroom units and all three-bedroom units, dedicated tenant storage lockers, a maintenance/shop area, ample off-street parking, and approximately 1,000 square feet of basement storage and utility space. The property has been professionally operated and offers investors a clear path to future income growth through continued lease-up, rent optimization, and the implementation of a utility reimbursement program (RUBS), which is not currently in place.At the asking price of $3,585,000, Vista Hills Apartments offers investors the opportunity to acquire a well-located westside Portland apartment community with strong in-place cash flow, significant family-oriented housing appeal, operational upside, and long-term appreciation potential within one of the metro area's most established residential neighborhoods....
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Home facts
- Year built:1964
- Subdivision & Development:VISTA HILLS
- Listing ID #:411762777
- Added:88 day(s) ago
- Updated:October 06, 2026 at 08:46 AM
Rooms and interior
- Basement Description:Exterior Entry, Full Basement, Storage Space
- Living area:22,016 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:22,016 sq. ft.
- Lot area:1.03 Acres
- Foundation Description:Block
- Levels:3 Stories
Schools
- High school:Beaverton
- Middle school:Cedar Park
- Elementary school:Ridgewood
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,585,000
- Price per sq. ft.:$162.84
- Tax amount:$34,186 (2025)
Parking
- Parking description:Off Street, Paved
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