4355 RIVERVIEW AVE, West Linn, OR 97068
- $2,500,000
- 13,500
- SqFt
- List Price
- $2,500,000
- Days on Market
- 13
- MLS#
- 440162462
- Property Type
- Multifamily
- Sqft. of Residence
- 13,500
- Lot Size
- 1 to 2.99 Acres
- Region
- Lake Oswego, West Linn
- Status
- ACTIVE
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.
/u.realgeeks.media/housesofportland/PPG_Logo.png){kind=logo}
Additional Information
- Tax Amount
- $3,262
- Stories
- 3
- High School
- West Linn
- Elementary School
- Sunset
- Middle School
- Rosemont Ridge
- Acres
- 1.02
- Living Area
- 13,500
- Stories
- 3
- Year Built
- 1972
- Cooling Description
- Other
- Fuel Description
- Electricity, Gas
- Heating Description
- Other
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity, Gas
- Exterior Description
- Wood Siding
- Roof Type
- Flat
- Sewer Description
- Public Sewer
- Waterfront Description
- River Front, Seasonal
- View
- Mountain(s), River
- Parking
- Assigned
- Waterfront
- Yes
- Security Or Entry
- Security Lights
- Parking Description
- Assigned
- Road Surface
- Paved
- Number Of Units Total
- 10
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2128
- Unit Type One Sq Ft
- 1350
- Unit Type One Units Total
- 10
Mortgage Calculator
Listing courtesy of Apex Residential.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.