20220 E PETER PL 3

Sandy, 97055

  • 2 Bed

  • 1 Bath

  • 785 SqFt

  • 13 DOM

  • Built: 1955

  • Status: Active

$997,800

X

20220 E PETER PL 3

Sandy 97055

$997800

  • 2 Bed

  • 1 Bath

  • 785 SqFt

  • 13 DOM

  • Built: 1955

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

First time on the market in nearly 50 years! Unique opportunity with THREE detached homes on one 3.55 acre lot. Each home is perfectly positioned on the property with ample yard space, private decks, garages, an individual septic system and a shared well. Let your imagination run wild! Could this be your compound with family or friends? Multigenerational living? An investment property? Or mix it up and live in one, long term rent one and short term rent one for a diverse investment property. These homes have been lovingly updated and maintained with care. Unit 1 (20200 E Peter Place) - 2 bed/1 bath, 773 SqFt, 1 car garage, completely rebuilt in 2021 Unit 2 (20210 E Peter Place) - 3 bed/2 bath, 896 SqFt, 1 car garage, remodeled in 2021. Unit 3 (20220 E Peter Place) - 2 bed/1 bath, 785 SqFt, 1 car garage + carport, remodeled in 2021 (currently vacant and the only unit available for showings at this time.) All three homes have updated kitchens, stainless steel appliances, LVP flooring, washer/dryer in unit, wood fireplace or wood stove and newer decks. This property is conveniently located off HWY 26 - 20 minutes to skiing, 15 minutes to Sandy and 1 hour to Portland or PDX. Just 5 minutes down the road are the Mt. Hood Villages with restaurants, groceries, cafes, shopping and services. Tucked along the foothills of Mt. Hood your outdoor adventure awaits with hiking, Mt. biking, snow sports plus gorgeous rivers and lakes at your fingertips. These homes have been successful long term rentals for decades. Current Rental Financials include: Gross Rental Income $83,520 and Estimated Operating Expenses $22,000 = Estimated Net Income $61,520. Ask your agent for a full financial packet with details. Additional Info: Photos are primarily of 20220 (Unit 3.) Short term rentals are currently allowed per Clackamas County regulations - buyer to do due diligence. Est. SqFt for Units 1 & 2. Please no drive-bys, do not disturb tenants.

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Residence Information

  • 0

  • 785

  • 0

  • 785

  • Floorplan

  • 785

  • 1/Gas

  • 2

  • 1

  • 0

  • 1

  • Composition

  • 1, Carport, Detached

  • Stories1,Bungalow

  • Driveway,OffStreet

  • 1

  • 1955

  • No

  • BoardBattenSiding, ShingleSiding, WoodSiding

  • CrawlSpace

  • RVParking

  • CrawlSpace

  • ConcretePerimeter

Features and Utilities

  • CeilingFan

  • Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave, Pantry, StainlessSteelAppliance

  • CeilingFan, Laundry, LuxuryVinylPlank, WasherDryer

  • Deck, RVParking, Yard

  • Electricity

  • WallHeater, WoodStove, Zoned

  • StandardSeptic

  • Electricity

  • Electricity

Financial

  • 6911.5

  • 0

  • CallListingAgent,Cash,Other

  • 05-28-2025

  • 6960

  • No

  • No

Comparable Information

  • 13

  • 57

  • CallListingAgent,Cash,Other

  • $997,800

  • $997,800

  • Jun 09, 2025 22:19

Schools

Elementary : Welches N/A Ratings
Middle : Welches N/A Ratings
High : Sandy N/A Ratings

Map

Listing courtesy of Keller Williams Realty Professionals.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 24, 2025 01:48 | Listing last modified Jun 09, 2025 22:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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