Terry Mangum

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Listing provided courtesy of Knipe Realty ERA Powered- MLS# 482002034MLS ProviderContact Information: 503-310-7012

29515 SW SERENITY WAYWilsonville, OR 97070

Multi-Family · 0.34 Acres
$849,900 Active

29515 SW SERENITY WAY Overview

Time on Site:
19 days
Visits:
0

OPEN HOUSE June 27th 2 PM - 3 PM -- Investor Opportunity in Wilsonville ' 4-Plex with Strong Upside Potential!Attention investors, contractors, and value-add buyers! Rare opportunity to acquire an 8-bedroom, 4-bathroom fourplex in a desirable Wilsonville location. This income-producing multifamily property offers tremendous upside for those looking to build equity and maximize returns.Each unit includes washer and dryer hookups, and three of the four units have already been updated with refreshed kitchens, fresh interior paint, and hardwood flooring. A detached one-car garage provides additional storage or rental potential.Whether you're looking to expand your rental portfolio, complete renovations for increased cash flow, or capitalize on a strong rental market, this property offers endless possibilities. Conveniently located near shopping, dining, parks, schools, and major commuter routes.Sold As-Is. Cash or renovation financing recommended. Don't miss this contractor special and investment opportunity in the growing Wilsonville market!

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29515 SW SERENITY WAY Facts & Features

  • Type Multi-Family
  • Lot 0.34 Acres

Details

General

School Information

  • Elementary School: Boones Ferry
  • Middle Or Junior School: Wood
  • High School: Wilsonville

Income/Expenses

  • Gross Income: 57000.0
  • Gross Scheduled Income: 84000.0
  • Net Operating Income: 45000.0
  • Operating Expense: 13500.0

Building Information

  • Year Built: 1976

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 151 - Tigard, Tualatin, Sherwood, Wilsonville

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 8326.34
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Rehab
  • Parcel Number: 00810803
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R

Interior

General Information

  • Cooling: None
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Garage

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Square Feet: 14810.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

29515 SW SERENITY WAY Neighborhood

Community

97070 (WILSONVILLE) Demographics

37
Median Age
1,276
Population Density (per sq. mile)
53%
College Educated
$73,998
Estimated Median Income
4,945
Estimated Total Home Owners
5,062
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

29515 SW SERENITY WAY Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

29515 SW SERENITY WAY Market Data

Based on the last 30 days in this zip code

$832,582
Average List Price
$334
Average Price per Square Foot
51
Properties Sold
87
Average Days on Market
195
Properties for Sale
Calculations provided by Reliance Network

29515 SW SERENITY WAY History

Date Event Value Agent
6/11/2026Source: Regional MLS Added to Database
June 11, 2026