Description
Amber Lantern Apartments offers investors a well-maintained, 12-unit multifamily property in Beaverton—one of the Portland metro area’s most stable and high-performing submarkets. Built in 1972 and recently renovated with modern finishes, updated appliances, and a repaved parking lot, the property provides a turnkey investment with steady income and efficient operations.The mix of one-, two-, and three-bedroom units includes desirable amenities such as fully equipped kitchens, in-unit laundry, and private patios, promoting strong tenant retention. Its quiet residential location with off-street parking, Walk Score of 83, and Bike Score of 87 ensures convenient access to nearby shops and services.
Listing Details
- Cap Rate
6.31%
- Space Type
Multifamily
- Sub Category
Apartments Building
- Sale Type
Investment Sale
- Date Listed
11/7/2025
- Parking Info
1.38/1,000 SF
Property Specifics
- Property Name
Amber Lantern Apartments | 18140 SW Shaw St
- Property Class
C
- No of Stories
1
- No of Units
12
- Year Built
1972
- Building Size
10,908 SF
- Lot Size
0.64 Ac
- APN
R0048371
- Zoning
N/Av
Property Amenities
Location Amenities
Airport
Commuter Rail
Metro/Subway
Unit Amenities
24 Hour Access
Air Conditioning
Central Heating
Kitchen
Microwave
Refrigerator
Washer/Dryer or Laundry Services
Site Amenities
Controlled Access




