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.
| MLS # | 440162462 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 60 |
| Listing Provided By | Apex Residential | Jordan Fezler |
| SQ Feet | 13,500 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 10 |
| Zoning | R-4.5 |
| Acreage | 1.02 |
| Water Front | Yes |
| Property View | Mountain, River |
| Heating | Other |
|---|---|
| Heating Yn | No |
| Cooling | Other |
| Cooling Yn | No |
| Roof | Flat |
|---|---|
| Security Features | Security Lights |
| Foundation Details | Concrete Perimeter |
| Lot Features | Gentle Sloping |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Assigned |
| Property | 3262 |
|---|
| State | OR |
|---|---|
| County | Clackamas |
| City | WestLinn |
| Zip Code | 97068 |
| School District | West Linn |
| Elementary School | Sunset |
| High School | West Linn |
| Listing VS Median (in 97068) | |
Price: $2,500,000 low | high Med: $849,000 sqft: 13,500 low | high Med: 2,861 $ / sqft: $185 low | high Med: $297 On site: 60 low | high Med: 30 | |
| State | OR |
|---|---|
| County | Clackamas |
| City | WestLinn |
| Zip Code | 97068 |
| School District | West Linn |
| Elementary School | Sunset |
| High School | West Linn |
| Listing VS Median (in 97068) | |
Price: $2,500,000 low | high Med: $849,000 sqft: 13,500 low | high Med: 2,861 $ / sqft: $185 low | high Med: $297 On site: 60 low | high Med: 30 | |