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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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4355 Riverview Ave , West Linn, OR 97068
$2,500,000
Est. Payment: $12,767.89/mo
30 Bed
20 Bath
13500 Sqft
Status: Active | Days on site: 54
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House 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.

Highlights

Listed by Jordan Fezler , 503-313-8149 Apex Residential , 503-595-2840. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
1.02

Year Built

1972

County

Clackamas

Area

147 - Lake Oswego, West Linn

Listing ID

440162462

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:30
  • Bathrooms:20
  • Full Bathrooms:20
Basement:Daylight
Water:Public Water

Exterior Features

Lot:Gentle Sloping,River Front,Seasonal
Garage Capacity:20
Zoning:R-4.5
Roof:Flat
Others:
  • Additional:Updated/Remodeled
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$12,768
Taxes
$272

Home Price

$2,500,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,767.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,767.89 $271.91 $0.00 $13,039.80
Yearly $153,214.71 $3,262.88 $0.00 $156,477.59
Total $4,596,441.40 $97,886.40 $0.00 $4,694,327.80

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (West Linn, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

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