Contacts
HFO Investment Real Estate | a Member of GREA
HFO Investment Real Estate | a Member of GREA
Property Details
- Property Type Other
- Units 15
- Year Built 1967
- Date Updated Oct 27, 2026
HFO is pleased to present Willows Apartments, a 15-unit multifamily investment opportunity located in Tigard, Oregon, just 0.6 miles from Downtown Tigard. Built in 1967, the property features spacious, predominantly townhome-style residences, including 11 two-bedroom units, with an average unit size of 883 square feet. Residents enjoy convenient access to nearby shopping, dining, employment centers, and transportation, along with amenities including private patios or balconies, off-street parking, on-site laundry, and rentable storage. Willows Apartments offers investors a compelling value-add opportunity through targeted capital improvements, interior renovations, and operational enhancements. With current rents below projected market levels and pro forma underwriting indicating approximately 28% rental upside following renovations, the property is well-positioned for increased rental income and long-term value appreciation.
Reach out to the broker for more info on lease terms and amenities
Getting around
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70/100
Walk Score ®
-
46/100
Transit Score ®
Location
- City Tigard, OR
- Neighborhood Walnut Grove
- Zip Code 97223
- Market Portland
Points of Interest
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Willamette Shore Trolley Lake Oswego Station
5.75 miles
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Zoo Train
6.45 miles
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Oaks Park
6.56 miles
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Marquam Hill
6.83 miles
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Bancroft Street
6.94 miles
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PSU South/Southwest 5th & Jackson
7.36 miles
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PSU Urban Center
7.55 miles
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Southwest Market & Park
7.57 miles
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Southwest 11th & Clay
7.59 miles
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Southwest 11th & Taylor
7.87 miles
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Astro
0.10 miles
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76
0.11 miles
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Chevron
0.67 miles
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Shell
0.97 miles
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Sinclair
1.00 miles
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Texaco
1.10 miles
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Costco Gasoline
1.29 miles
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Electrify America
1.35 miles
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EVGo Fast Charging
1.53 miles
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Arco
1.54 miles
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Tigard Transit Center
0.56 miles
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Tigard Public Library parking
0.85 miles
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Christ the King Lutheran Church
1.10 miles
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Tigard Park & Ride
1.32 miles
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Progress
1.91 miles
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Hall/Nimbus
2.02 miles
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P1
2.40 miles
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Staff Parking
2.41 miles
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P2
2.41 miles
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Washington Square Hotel
0.96 miles
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DoubleTree by Hilton
1.37 miles
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Extended Stay America
1.59 miles
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Hampton Inn & Suites Portland Tigard
1.65 miles
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Best Western Plus Northwind Inn & Suites
1.88 miles
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Embassy Suites
1.92 miles
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Quality Inn
1.93 miles
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Phoenix Inn
1.94 miles
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Crowne Plaza
1.98 miles
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Tigard Regency Inn
2.01 miles
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Natural Grocers
0.18 miles
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Bi-Mart
0.43 miles
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H Mart
0.48 miles
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Orient Pearl
0.55 miles
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Srider's India Imports
0.85 miles
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Walmart Supercenter
1.27 miles
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WinCo Foods
1.42 miles
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Hồng Phát Food Center
1.46 miles
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Whole Foods Market
1.46 miles
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Nordstrom
1.49 miles