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    Well-Maintained Duplex: Investment Opportunity Title is generated by Realmo AI

    12528 SE TAGGART St, Portland, OR 97236

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    Claim this Listing
    For Sale
    $569,900

    MULTI_FAMILY - Portland, OR

    Property size:
    2,581 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $220/SF
    Added:
    Jan 8, 2026
    Days on Market:
    158
    Last Refresh:
    Jun 15 at 1:06 am

    Property Features for 12528 SE TAGGART St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM1
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
    Standard status
    Active
    APN
    R140052
    Size
    2,581 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    CORMAN MEADOWS, LOT 16
    Tax Annual Amount
    7154

    Utilities

    Heating system
    Zoned

    Building Details

    Year built
    1998
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

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    Listing Contact
    Linn Holdhusen

    Listing agent Linn Holdhusen License #201207312

    Listing office Keller Williams PDX Central 919 NE 19th Ave Ste 100, Portland, OR

    Listing date Jan 8, 2026

    MLS# 195603699 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.

    HighLights

    • Well‑maintained duplex built in 1998 with four bedrooms and four bathrooms total across two units (unit 12530 listed separately).
    • Each unit includes an attached 1‑car garage, private entrance, and two bedrooms with 1.5 baths plus an additional bonus room.
    • New roof and sewer line completed in 2023.
    • Unit 12530: new water heater plus sod installed; gutters repaired and cleaned in 2024.
    • Tenants in 12530 will vacate on 5/31/26, creating an opportunity to owner‑occupy or re‑rent.

    Overview

    This well-maintained duplex presents an opportunity for investment or owner-occupancy. Each unit includes an attached one-car garage, two bedrooms, and one and a half baths. A bonus room in each unit offers flexible use as an office, den, or potential non-conforming bedroom. The floor plans are functional, with private entrances, ample storage, and convenient garage access. The property is suitable for rental income, multi-generational living, or residing in one unit while renting out the other. It is located conveniently, providing easy access to nearby amenities, schools, and commuter routes. A new roof and sewer line were installed in 2023. In 2024, a new water heater was installed in unit 12530, sod was installed, and gutters were repaired and cleaned. The tenants in unit 12530 will be vacating on 5/31/26, presenting an opportunity for owner occupancy or securing a new tenant at an increased rent. The property size is 2581 square feet and the lot size is 0.09 acres.

    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 $54.2k $21.00
    − Vacancy −$2.8k −$1.09
    EGI $51.4k $19.91
    − OpEx −$15.4k −$5.97
    NOI $36.0k $13.94
    2,581 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $513.8K
    $449.6K – $599.5K (±1% cap)
    NOI $35,968 @ 7.0% cap · market cap 6.31%
    Second Best
    Apartment 5plus
    $473.4K
    $414.3K – $552.3K (±1% cap)
    NOI $33,140 @ 7.0% cap · market cap 5.82%
    Theoretical Best
    Office A
    $724.8K
    $634.2K – $845.6K (±1% cap)
    NOI $50,737 @ 7.0% cap · market cap 8.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.533901
    Latitude
    45.501637

    FAQs

    What type of property is this?
    Duplex - Duplex with garages, bonus rooms, and recent upgrades.
    Where is this duplex located?
    The property is located at 12528 SE TAGGART St Portland, OR.
    What is the asking price?
    The asking price for this property is $569,900.
    What are key features of this property?
    This property features: Well‑maintained duplex built in 1998 with four bedrooms and four bathrooms total across two units (unit 12530 listed separately).; Each unit includes an attached 1‑car garage, private entrance, and two bedrooms with 1.5 baths plus an additional bonus room.; New roof and sewer line completed in 2023.
    More about this property
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