12380 Sw WALNUT St, Tigard, OR 97223

• 2,204 sqft

Property Description

Excellent investment opportunity in an established Tigard neighborhood! This well-maintained, single-level duplex features two mirrored units, each offering 2 bedrooms, 2 bathrooms, and 1,102 square feet of comfortable living space. Beautiful vaulted ceilings create an open, airy feel, while mature fir trees and spacious, fully fenced backyards provide privacy and room to relax or entertain. Recent improvements include a new roof in 2020, water heaters in 2023, and several updated appliances. Conveniently located within 2 miles of Summerlake Park, Progress Ridge, and downtown Tigard, with shopping, dining, and recreation nearby. With a current 5.8% cap rate and a history of consistent occupancy, this property presents an attractive opportunity for investors seeking established rental performance. The versatile duplex layout also offers flexibility for a variety of ownership goals, including the potential for owner-occupied living with supplemental rental income.

Listing Status:

Active

Date Added:

October 9, 2026

Data Last Updated:

October 20, 2026 at 12:41PM

Listing Office:

John L. Scott : 503-624-2900

Listing Agent:

Blake Byzewski : 503-679-8198

MLS ID:

419914611

Interior

• Basement: Crawl space
• Heating: Baseboard

Exterior

• General: Wood siding
• Parking: AttachedDrivewayParking spaces: 2

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Washington

Lot

• Zoning: R 4.5CURL ACRESBLOCK 2LOT 2ACRES 0.27R473428
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.