Portland Duplex

Duplexes in Portland are a hot commodity at this time.  Inventory of duplexes is low and demand remains high.  People have their own reasons for purchasing duplexes, but many people are looking for a way to invest in real estate without a huge investment.  If you buy a duplex as an owner occupant, you may be eligible for a FHA loan.  You may be able to put down as little as 3.5%.  If you end up renting the other side to a friend or tenant, you will be able to "share" the burden of a mortgage payment, but the long term benefits of property ownership will reside with the owner... you.

Portland DuplexGenerally speaking, Portland Duplexes offer more bang for the buck than single family homes.  You will normally have a lower gross rent multiplier on a duplex than on a single family home, so duplexes are also a great way for investors to become landlords. A Gross Rent Multiplier is the Sale Price of the Duplex divided by the annual rent.  For Example, a duplex that sells for $360,000 and it receives $30,000 in annual rent would have a gross rent multiplier of 12.

Cash flow is usually better on duplexes than on single family homes.  Another benefit of duplexes is that if one tenant leaves, you still have an income from the other side.

Often times owners of multi-family property do not like to list their properties because they do not want for their tenants to know that the property may be for sale.  I know of a few duplexes that the seller would be happy to sell, but they are not in the multiple listing service.  If you have been looking for just the right duplex, but you can't find it.  Let me know, I may know of a property that will meet your needs.

Thanks,

Brian Porter

Search Results

37 Listings found with the following criteria:

  • Property type like any: MULTI
  • Foreclosure status: Basic, Short Sale, Bank Owned
  • City: Portland
  • Units: 2

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15130362 1
Address:
3424 SW 14TH AVE Portland, OR 97239
Price:
$869,900
Total Sqft:
0
MLS#:
15130362
Built:
2005
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Marquam Hill
Taxe/yr:
$13,836.89
Scools:
Ainsworth / Lincoln
Lot Size:
Acres:
Courtesy:
Eleete Real Estate
Zone:

View Details
Perfect for owner occupied unit with exquisite finishes. 1 BR attached unit, with separate entrance, and separate utilities. Has never been rented, but est. rent about $1100.Good potential for third unit in lower level. AirBnB or VRBO? Very near busline. Mins to downtown, OHSU
15021203 1
Address:
1220 NE 84TH AVE Portland, OR 97220
Price:
$775,000
Total Sqft:
0
MLS#:
15021203
Built:
1907
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$5,938.61
Scools:
Vestal / Madison
Lot Size:
5,000 to 6,999 SqFt
Acres:
Courtesy:
Keller Williams Realty Portland Premiere
Zone:
R1

View Details
Great investment opportunity! Part of 6-plex(dup & 4-plex MLS# 15069381 with 2 tax id#'s)to be sold together. Duplex remodeled in 2003 when 4-plex was built. Fully rented w/ solid history. 1 assigned parking space per unit. Coin-operated community W&D adds about $50/month income. Owner pays water, sewer, & garbage. Lower duplex unit gas heat & storage. Upper duplex baseboard & wall heat. 4plex wall heat. Walk Score-77.
14619329 1
Address:
2215 SE 77TH AVE Portland, OR 97215
Price:
$639,900
Total Sqft:
0
MLS#:
14619329
Built:
1952
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$8,449.59
Scools:
Bridger / Franklin
Lot Size:
10,000 to 14,999 SqFt
Acres:
Courtesy:
Keller Williams Realty Portland Premiere
Zone:
R2.5

View Details
RARE Find! TWO Homes/One Lot! Immaculate 2,856 sq ft 3 bed, 1.5 bath main house PLUS 1536 sq ft 2 bed, 2 bath second home! Beautiful updated kitchens & baths, spacious living areas. Large finished attic area for storage and huge family room on lower level with fireplace. Backyard with covered patio, yard and room to garden. Detached oversize garage! All just steps from Mt Tabor Park!! City says can be divided into 3 lots!
15670846 1
Address:
3021 SE BELMONT ST SE Portland, OR 97214
Price:
$625,000
Total Sqft:
0
MLS#:
15670846
Built:
1909
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Belmont
Taxe/yr:
$3,587.27
Scools:
/
Lot Size:
3,000 to 4,999 SqFt
Acres:
Courtesy:
Realty Yield
Zone:
CS

View Details
Very nice, older duplex. Well renovated by architect/owner with new floor plans, wiring, insulation, plumbing, electrical, windows, new sewer line, etc. New roof & exterior paint 2014/15. Full basement with individual storage units. Also includes (2) sets of coin laundry. Features low maintenance landscaping. Located in the heart of Belmont. Owner owns the adjacent 4-plex (also for sale). Units work well together.
15692486 1
Address:
2607 NE HALSEY ST Portland, OR 97232
Price:
$545,000
Total Sqft:
0
MLS#:
15692486
Built:
1908
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Sullivan's Gulch
Taxe/yr:
$5,686.32
Scools:
Beverly Cleary / Grant
Lot Size:
5,000 to 6,999 SqFt
Acres:
Courtesy:
The Real Estate Firm
Zone:
R2.5

View Details
Update offers being submitted Friday May 22 Legal Duplex. Excellent location, corner lot. Needs a little TLC. Large home that has been converted into a duplex. Spacious units, off street parking, full unfinished basement with very high ceilings and sidewalk level entry. Good yard space for each unit. Can be beautiful as as a converted duplex, or restore it to its former glory and put an apartment in the basement for addit. income.
15439812 1
Address:
411 NE 57TH AVE Portland, OR 97213
Price:
$539,900
Total Sqft:
0
MLS#:
15439812
Built:
1916
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$3,501.85
Scools:
Laurelhurst / Grant
Lot Size:
3,000 to 4,999 SqFt
Acres:
Courtesy:
Keller Williams Realty Profes.
Zone:
R2

View Details
Beautiful fully remodeled duplex, surely easy to rent and great investment opportunity. Granite counters, modern kitchens and baths, stainless appliances, designer tiling. Exterior painting just completed and new gas furnace installed. Large yard and room for off street parking. Easy access to Glisan and Burnside transportation corridors. Walk to Providence Medical Center
15322731 1
Address:
5806 NE 16TH AVE Portland, OR 97211
Price:
$500,000
Total Sqft:
0
MLS#:
15322731
Built:
1912
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$2,334.60
Scools:
Vernon / Jefferson
Lot Size:
5,000 to 6,999 SqFt
Acres:
Courtesy:
M Realty LLC - L.O.
Zone:
R2.5

View Details
Lovely home built in 1912 converted to duplex in 1950s. Conveniently located between Killingsworth & Ainsworth. Period details include box-beam ceilings, wainscoting, built-ins, covered porch. Units feature hardwoods, window coverings, recently updated bathrooms, newer windows, off-street parking. Washer/Dryer, high ceilings and lots of storage in basement! PLEASE DO NOT DISTURB TENANTS.
15541758 1
Address:
1411 SW HALL ST Portland, OR 97201
Price:
$499,000
Total Sqft:
0
MLS#:
15541758
Built:
1912
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$5,396.65
Scools:
Ainsworth / Lincoln
Lot Size:
0K to 2,999 SqFt
Acres:
Courtesy:
RE/MAX Equity Group
Zone:
R1

View Details
Attractive, light and bright craftsman bungalow currently rented as a duplex. 4 bedroom 2 bath main house has open kitchen on lower level, front porch and back deck. Upstairs studio has lofted sleeping area, private deck, full kitchen & 1.5 baths, with expansive city view. Both units have exposed beams, lots of windows, views of downtown, w/d hookups, and more. Could be owner occupied or investment.
15517448 1
Address:
1006 SE 22ND AVE Portland, OR 97214
Price:
$479,000
Total Sqft:
0
MLS#:
15517448
Built:
1925
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Belmont/Hawthorn
Taxe/yr:
$4,075.66
Scools:
Buckman / Cleveland
Lot Size:
3,000 to 4,999 SqFt
Acres:
Courtesy:
The Lincoln Group, Inc.
Zone:
R2.5

View Details
It's All done! Updated kitchens and bathrooms from original, Fully stripped and repainted exterior, newer comp roof. 12x16 deck up off of the street for total privacy. First floor unit has new paint and carpet. close to shopping, restaurants, parks bus lines, and downtown. This would make a great owner occupy and have income to supplement your mortgage! Walk Score is 86; Bike Score 91!
15244375 1
Address:
8820 SW CAPITOL HWY Portland, OR 97219
Price:
$475,000
Total Sqft:
0
MLS#:
15244375
Built:
1945
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Multnomah Village
Taxe/yr:
$6,481.73
Scools:
/
Lot Size:
10,000 to 14,999 SqFt
Acres:
Courtesy:
NBS MultiFamily Mgmt, LLC
Zone:
R7

View Details
This property offers a 2,300 SF three bay toy shed. This is ideal for someone looking for extra storage. Boats, bikes, cars, jet skis and other recreational toys will fit. RV sewer hook up on-site.
15102527 1
Address:
15042 SE POWELL BLVD Portland, OR 97236
Price:
$465,000
Total Sqft:
0
MLS#:
15102527
Built:
1922
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$6,831.43
Scools:
Harold Oliver / Centennial
Lot Size:
1 to 2.99 Acres
Acres:
Courtesy:
CENTURY 21 Turner Properties
Zone:
R7

View Details
This parcel has 2 homes - both have tenants. Cute Bungalow has 2 bed/1 bath. Brick ranch home has 3 bed/1 bath and unfinished basement. Total rents are over $2,200 per month. Potential multi (Seven) lot subdivision. Buyer to do due diligence.
15028098 1
Address:
3919 SW CULLEN BLVD Portland, OR 97221
Price:
$400,000 - $500,000
Total Sqft:
0
MLS#:
15028098
Built:
1927
# of Units:
2
County:
Multnomah
Nhood/Bldg:
Taxe/yr:
$6,639.67
Scools:
Hayhurst / Wilson
Lot Size:
20,000 SqFt to .99 Acres
Acres:
Courtesy:
John L. Scott Market Center
Zone:
R7

View Details
Two homes on one lot... lots of potential... demo and rebuild...keep as rental... divide and remodel...Offers subject to interior inspection.... DO NOT DISTURB TENANTS..

37 Listings found with the following criteria:

  • Property type like any: MULTI
  • Foreclosure status: Basic, Short Sale, Bank Owned
  • City: Portland
  • Units: 2

Narrow your search »

 For information about: Portland Luxury Homes

6 Comments

February 21, 2014 00:21
Bill Moir said:

It appears all of your listings are Multnohma County, I want to find something in Tualatin, Tigard or Lake Oswego if possible

February 21, 2014 03:03
Brian Porter said:

Hi Bill, Our website is limited to Portland, but I will send you duplex listing in Tualatin, Tigard and Lake O. BTW, I am about to list a duplex in West Linn, and I know of a nice duplex in Gladstone that is not listed. In a separate email, I will send you some listings. Thank you, Brian

March 26, 2014 04:41
Pam De said:

I'm interested in a duplex or tri plex in PDX for around 250,000

March 26, 2014 16:19
Brian Porter said:

Hi Pam, There are quite a few duplexes in the Portland Metro Area that are in the 250K range. Please give us a call at 503-810-2219, and we can set up a meeting to discuss your investment objectives.

February 06, 2015 03:48
Wanda perez said:

My dad recently had a stroke and I'm looking for a duplex or two single family homes, one should be bigger than the other. My goal is to have my dad live in one and me and my kids in the other. I want new or remodled. I will have a decent size down payment to do this.

April 16, 2015 02:15
Mary Jane Hendrix said:

I'm also interested in a duplex, triplex on the west side.

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