Amber Lantern Apartments

For Sale

18140 SW Shaw Street, Beaverton, OR 97078, Beaverton, OR 97078

This Beaverton property for sale is located at 18140 SW Shaw Street, Beaverton, OR 97078. The current listed sale price for Amber Lantern Apartments is $2,250,000.

Contacts

broker
Jack Stephens

HFO Investment Real Estate | a Member of GREA

Property Details

  • Property Type Other
  • Units 12
  • Year Built 1972
  • Date Updated Aug 27, 2025

Amber Lantern Apartments presents investors with an opportunity to acquire a well-maintained, 12-unit multifamily asset in the heart of Beaverton—one of the Portland metro’s strongest and most resilient submarkets. Built in 1972 and recently updated with new interior finishes, appliances, and a repaved parking lot, the property offers a turnkey investment with stable in-place income and operational efficiency.

The spacious one-, two-, and three-bedroom units feature fully equipped kitchens with dishwashers, in-unit washers and dryers, and private patio space—highly desirable amenities that support long-term tenant retention. Off-street parking and a quiet residential setting enhance renter appeal, while the property’s Walk Score of 83 and Bike Score of 87 reflect excellent connectivity to everyday essentials.

Ideally positioned just off the Tualatin Valley Highway, Amber Lantern offers direct access to Oregon’s Silicon Forest—home to major employers like Intel, Nike, and Tektronix—driving consistent renter demand from high-income professionals. Residents enjoy proximity to key employment campuses and lifestyle destinations such as The Streets of Tanasbourne and Cedar Hills Crossing, further supporting rental performance.

With limited comparable supply in the immediate area and strong submarket fundamentals, Amber Lantern Apartments offers investors a compelling mix of location, quality, and long-term rent growth potential in one of the region’s most dynamic job corridors.

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Getting around

  • 81/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 82/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Beaverton, OR
  • Zip Code 97078
  • Market Portland

Points of Interest

  • Hawthorn Farm

    4.16 miles

  • Zoo Train

    7.26 miles

  • Northwest Lovejoy & 22nd

    8.49 miles

  • Northwest Northrup & 22nd

    8.54 miles

  • Northwest Lovejoy & 21st

    8.59 miles

  • Northwest Northrup & 21st

    8.63 miles

  • Marquam Hill

    8.72 miles

  • Southwest 11th & Clay

    8.75 miles

  • Southwest Market & Park

    8.84 miles

  • PSU South/Southwest 5th & Jackson

    8.84 miles

  • Chevron

    0.23 miles

  • Shell

    0.89 miles

  • Blink

    0.91 miles

  • ChargePoint

    0.95 miles

  • Costco Gasoline

    1.50 miles

  • 76

    1.95 miles

  • Electrify America

    2.12 miles

  • Fred Meyer

    2.17 miles

  • Swim Center Parking

    0.52 miles

  • Staff Parking

    0.53 miles

  • Student Parking

    0.65 miles

  • Stadium Parking

    0.83 miles

  • Elmonica/Southwest 170th Avenue

    1.40 miles

  • Beaverton Creek

    1.64 miles

  • Jay Street Lot 2

    1.72 miles

  • Jay Street Lot 3

    1.72 miles

  • Jay Street Lot 4

    1.75 miles

  • Willow Creek/Southwest 185th Avenue Transit Center

    1.82 miles

  • Extended Stay America

    1.82 miles

  • Comfort Inn

    2.33 miles

  • Beaverton Budget Inn

    2.43 miles

  • Element Portland Beaverton

    2.58 miles

  • AC Hotel Portland Beaverton

    2.61 miles

  • Hyatt House Portland/Beaverton

    2.66 miles

  • Hilton Garden Inn

    2.78 miles

  • Fairfield Inn

    2.81 miles

  • Homewood Suites

    2.84 miles

  • Motel 6

    2.98 miles

  • Aloha Halal Market

    0.12 miles

  • Big Lots

    0.27 miles

  • Super Mercado La Guelaguezta

    0.44 miles

  • Manilla Market

    0.55 miles

  • Basics Market

    0.85 miles

  • Bi-Mart

    1.14 miles

  • Safeway

    1.20 miles

  • U-Need Asian Market

    1.54 miles

  • Market of Choice

    1.87 miles

  • Fred Meyer

    2.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jack Stephens

HFO Investment Real Estate | a Member of GREA

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