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

50 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 »

13486437-1 address: 1129 SW 20TH AVE Portland, OR 97205
price: $819,995 total sqft: 0 mls#: 13486437
built: 1890 # of units: 2
county: Multnomah nhood/bldg: Kings Hill taxe/yr: $10,460.18
schools: Chapman / Lincoln lot size: acres:
Courtesy: Windermere Stellar zone/comp: /
View Details

Perfectly restored Queen Anne Victorian in historic Kings Hill neighborhood. Edgy high-end appliances, British AGA cooker, Sub-Zero refrigerator and Maple cabinets. European style sinks included in most bedrooms, tile, hardwoods, & private brick patio. Lower level includes complete living quarters with separate entrance, kitchen, 2 bedrooms & full bath. Easy access to MAX and one block from the MAC club.

 
13018017-1 address: 1219 SE 23RD AVE Portland, OR 97214
price: $774,000 total sqft: 0 mls#: 13018017
built: 1913 # of units: 2
county: Multnomah nhood/bldg: Sunnyside/Hawthorne taxe/yr: $6,878.98
schools: Buckman / Cleveland lot size: 0 to 2,999 Square Feet acres:
Courtesy: RE/MAX Equity Group zone/comp: R5/R5
View Details

Rare 1913 original built Craftsman side by side duplex between Hawthorne and Belmont in popular Sunnyside neighborhood. Perfect owner occupied opportunity. Tastefully updated w/ original charm, fireplaces, built-ins, wood floors, vintage moldings. Hi-efficient gas furnaces tankless gas hot water heaters. Remodeled kitchens w/ gas range, dishwashers, Unfinished basements, Offstreet parking, courtyard, porches. Excellent rental history

 
14126557-1 address: 9723 NW ENGLEMAN ST Portland, OR 97229
price: $749,950 total sqft: 0 mls#: 14126557
built: 1999 # of units: 2
county: Multnomah nhood/bldg: Forest Heights taxe/yr: $8,749.41
schools: Forest Park / Lincoln lot size: 7,000 to 9,999 Square Feet acres:
Courtesy: Realty Advantage zone/comp: /
View Details

Forest Heights 2 Homes in 1! Only $156 per sq ft! Includes 1505 sq. ft. LOWER LEVEL APARTMENT w/SEPARATE ENTRANCE! Perfect for caregiver/guest quarters, or home office or rental in great location. Short walk to Village Center, Starbucks w/territorial view, backs to greenway! Gourmet Kitchen, cherry cabinets, granite slab, SS appliances, convection oven. Huge family room with hardwoods. Large Master Suite & Bonus. See Virtual Tour.

 
14170058-1 address: 1403 SE PINE ST Portland, OR 97214
price: $699,500 total sqft: 0 mls#: 14170058
built: 1890 # of units: 2
county: Multnomah nhood/bldg: Buckman taxe/yr: $5,677.16
schools: Buckman / Cleveland lot size: 5,000 to 6,999 Square Feet acres:
Courtesy: Windermere Stellar zone/comp: /
View Details

Outstanding duplex! Lovingly restored preserving historic character while updating for comfortable living. Orig. pocket doors and "pressed moldings." Custom modern kitchens. Lvly fir flrs main and new oak up. New cedar shake siding,plumbing, electrical,baths, Hi-effic. gas furnaces. Well insulated walls and ceiling. Separate laundries. All newer appliances included. Abundant storage. Separate elec panels, water meters. Incredible!

 
13380355-1 address: 714 SE 15TH AVE Portland, OR 97214
price: $635,000 - $700,000 total sqft: 0 mls#: 13380355
built: 1885 # of units: 2
county: Multnomah nhood/bldg: Buckman taxe/yr: $4,061.11
schools: Buckman / Cleveland lot size: 0 to 2,999 Square Feet acres:
Courtesy: Neighbors Real Estate zone/comp: /
View Details

1 Block to Upcoming Washington High Redevelopment! Period Style Restoration, Meticulous Detail w/CAT 5 Wiring, New Plumbing,Water Main, 5/8" Drywall,Fire Blocking,2Gas Meters,2Furnaces,3 Elec Panels,Marvin Pine Windows,5 Panel Fir Drs,Refin Fir Flrs,10' Ceilings on Main,9' ceilings on 2nd Flr &View of City.Poss to add 3rd Unit in Unfin Basmnt. On Transit, Walkable to Shops & Dining

 
14462925-1 address: 6806 SE 45TH AVE Portland, OR 97206
price: $650,000 total sqft: 0 mls#: 14462925
built: 2013 # of units: 2
county: Multnomah nhood/bldg: Woodstock Gardens taxe/yr: $1,555.84
schools: Lewis / Cleveland lot size: 5,000 to 6,999 Square Feet acres:
Courtesy: Premiere Property Group, LLC zone/comp: /
View Details

Brand New Custom Built Modern Home w/ home in back! Bright open floor plan, gorgeous hand scraped bamboo floors, gas fireplace, inviting kitchen, SS gas appliances, custom flat panel cabinetry. Large bright master suite. Earth Advantage Platinum rating. 3BR 2.5BA in main house, 1BD 1BA, 650 sq/ft in versatile ADU. Great rent potential, investment, in-laws, nanny, etc. 6 blocks to Woodstock village & future New Seasons. Top rated schools

 
13219930-1 address: 1429 SW COLLEGE ST Portland, OR 97201
price: $635,000 total sqft: 0 mls#: 13219930
built: 1919 # of units: 2
county: Multnomah nhood/bldg: taxe/yr: $6,254.05
schools: Ainsworth / Lincoln lot size: 3,000 to 4,999 Square Feet acres:
Courtesy: Property Management Systems zone/comp: /
View Details

Beautifully remodeled 1919 Craftsman w/ spectacular panoramic views of the city and 3 mtns. 3/2 residence + 1BR apt. Great owner occupied in Desirable Pdx Heights priv setting. Ainsworth/Lincoln school dist. 78 Walk Score! Updated kitchen, spa-like master suite, refinished hardwoods, high ceilings, period details, large decks for entertaining and much more. Spacious 1 BR legal apartment rental on lower w/ separate entrance and decks.

 
14571397-1 address: 2069 NW KEARNEY ST Portland, OR 97209
price: $599,000 total sqft: 0 mls#: 14571397
built: 1890 # of units: 2
county: Multnomah nhood/bldg: NW Nob Hill taxe/yr: $5,462.51
schools: Chapman / Lincoln lot size: 3,000 to 4,999 Square Feet acres:
Courtesy: Hasson Company Realtors zone/comp: /
View Details

True Northwest Victorian in prime location right off restaurant row! Delightful two unit complex would make ideal owner occupied or investment purchase. Main level unit features great room living, l bdrm plus office/w deck and yard access. Upper unit hosts 1 bdrm, bright open spaces, north facing deck overlooking friendly common backyard shared with three adjacent neighbors. First time on market in 35 years. Many original details.

 
14007362-1 address: 3003 NE KNOTT ST Portland, OR 97212
price: $599,000 total sqft: 0 mls#: 14007362
built: 1927 # of units: 2
county: Multnomah nhood/bldg: Alameda taxe/yr: $6,057.03
schools: Alameda / Grant lot size: 3,000 to 4,999 Square Feet acres:
Courtesy: John L. Scott/Woodstock zone/comp: /
View Details

Darling house on a corner lot with an extra unit upstairs! Upstairs unit has sep. entrance, private deck, nice kitchen & full bath. Main floor features lots of period features including hardwood floors and built-ins. Great fenced yard with stone patio and a small artist cottage. Lots of possibilities!

 
14372728-1 address: 7630 SE 98TH AVE Portland, OR 97266
price: $595,000 total sqft: 0 mls#: 14372728
built: 1996 # of units: 2
county: Multnomah nhood/bldg: Mt. Scott taxe/yr: $5,918.04
schools: Kelly / Franklin lot size: 10,000 to 14,999 Square Feet acres:
Courtesy: Knipe Realty NW, Inc zone/comp: /
View Details

Beautiful 3-level townhome style duplex,in park-like setting on private Mt. Scott culdesac, 2 blks from MAX. Perfect home/investment w/secluded patios & sunset views. Professionally landscaped, timbertech decks & iron railing, dbl garage,quality constr w/concrete polyfoam for insulation & sound. Huge master bdrms w/walk-in closets, spacious eat-in kitch w/granite island & dry bar. Lwr lvl ideal for home theater. Special, very rare find!

 
14458767-1 address: 4912 NE 15TH AVE Portland, OR 97211
price: $479,000 total sqft: 0 mls#: 14458767
built: 1922 # of units: 2
county: Multnomah nhood/bldg: taxe/yr: $3,388.59
schools: / lot size: acres:
Courtesy: Green Town Real Estate zone/comp: /
View Details

Unique Opportunity-Rarely Available-Alberta Arts 2 entrances 2 addresses 2 Floors Connects as DUPLEX or Single HOME. Buyer 2 Check zoning-comm.potential.New windows top FLR.New remodel kitchen& bath on 1st FLR. Private Backyard-Landscaping- Usable Basement- BROKER related 2 owner

 
13126022-1 address: 5381 SW HUMPHREY BLVD Portland, OR 97221
price: $425,000 total sqft: 0 mls#: 13126022
built: 1956 # of units: 2
county: Multnomah nhood/bldg: taxe/yr: $6,153.78
schools: Bridlemile / Lincoln lot size: 20,000 Square Feet to .99 Acres acres:
Courtesy: CORE, Realtors zone/comp: /
View Details

Amazing dual level 1950's duplex, garages, multiple decks, multiple fireplaces, hardwoods, extra storage areas, each side lives like a full house would. Close in west hills location provides amazing access to all metro areas. Each unit features gas furnaces, full laundry rooms, and lower levels that feel like another unit too. Super cool redo of private road/entrance, fresh new blacktop makes it clean and crisp all around.

 

50 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 »

 

4 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.

Leave a Comment

required
required
required