One-Bedroom Duplex with Parking

1036 N AINSWORTH St Portland, OR 97217

Claim this Listing
For Sale
$545,000

MULTI_FAMILY - Portland, OR

Property size:
2,640 SF
Lot size:
0.12 Acres
Price / SF:
$206/SF
Added:
Jun 24, 2026
Days on Market:
19
Last Refresh:
Jul 12 at 1:06 pm

Property Features for 1036 N AINSWORTH St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Standard status
Active
APN
R226270
Size
2,640 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
NORTH ALBINA, BLOCK 25, LOT 1
Tax Annual Amount
3505

Utilities

Heating system
Forced Air, Gravity

Building Details

Year built
1924
Floors in Building
1
Number of units
2
Roof type
Composition

Listing agent Pamela Ruble

Listing office Redfin 1500 NE Irving Street, Suite 380, Portland, OR

Listing date Jun 24, 2026

MLS# 299699739 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This nicely managed duplex features two units, each with one bedroom and one bathroom, plus a bonus room in the basement. Both units also include private laundry and storage. Each unit has a parking space in front of the detached garage.

The property is located just blocks from Peninsula Park, the Rose Garden, the Yellow MAX line, and New Seasons.

Interior photos were taken prior to tenant occupancy, and tenants should not be disturbed.

Key Highlights

  • Nicely managed 1‑bedroom duplex with 2 units
  • Each unit includes a bathroom, a bonus room in the basement, plus private laundry and storage
  • Detached garage with 1 parking space in front for each unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.4k $21.00
− Vacancy −$2.9k −$1.09
EGI $52.6k $19.91
− OpEx −$15.8k −$5.97
NOI $36.8k $13.94
2,640 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$525.6K
$459.9K – $613.2K (±1% cap)
NOI $36,790 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$484.3K
$423.7K – $565.0K (±1% cap)
NOI $33,898 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$741.4K
$648.7K – $864.9K (±1% cap)
NOI $51,896 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm HVAC Service Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Nicely managed duplex with two one-bedroom units, each with a private laundry/storage setup and a parking space.
Where is this duplex located?
The property is located at 1036 N AINSWORTH St Portland, OR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Nicely managed 1‑bedroom duplex with 2 units; Each unit includes a bathroom, a bonus room in the basement, plus private laundry and storage; Detached garage with 1 parking space in front for each unit
Contact an agent
More about this property
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