Multifamily Home with Permitted
1336 NE HOLLAND St, Portland, OR 97211
New
MULTI_FAMILY - Portland, OR
Property size:
4,390 SFLot size:
0.12 AcresPrice / SF:
$216/SF- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 3:06 am
Property Features for 1336 NE HOLLAND St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2
- Standard status
- Active
- APN
- R666280
- Size
- 4,390 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- STANSBERYS ADD, BLOCK 10, LOT 6
- Tax Annual Amount
- 10690
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2017
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Composition
Listing agent Cinnamin Webb (503) 803-8283
Listing office Redfin 1500 NE Irving Street, Suite 380, Portland, OR (503) 496-7620
Listing date Jun 26, 2026
MLS# 158744416
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
- 2017‑built modern home with central air and forced air heating
- 4‑bedroom, 2.5‑bath main home with soaring ceilings, hardwood floors, and an open‑concept living/dining/kitchen/family room
- Primary suite includes a huge walk‑in closet and ensuite bath
- Fully fenced backyard with a covered patio
- Fully permitted 2‑bedroom, 1‑bath ADU with stained concrete floors, full kitchen, living and dining areas
- ADU has a private exterior entrance and dedicated concrete patio, plus a lockable interior connection
Overview
This modern multifamily home is designed for flexibility, with an elevated front deck and expansive windows that bring in natural light throughout. The main residence features soaring ceilings, hardwood floors, and an open-concept living area that connects the living room, dining area, kitchen, and family room. The kitchen includes a large dine-in island, gas range, abundant wood cabinetry, and generous counter space. Upstairs, the primary suite offers an ensuite bath and a large walk-in closet, with three additional bedrooms and a full bathroom for added room for family, guests, work, or fitness. The overall floor plan provides four bedrooms and 2.5 bathrooms. A fully fenced backyard includes a covered patio.
A fully permitted daylight ADU adds a separate living setup, with stained concrete floors and its own full kitchen, living and dining area, and two bedrooms plus one bathroom. The ADU includes a private exterior entrance with a dedicated concrete patio, along with a lockable interior connection that allows the units to be integrated or kept separate. The property sits within zoning R5. Public remarks also reference proximity to Woodlawn Park, coffee shops, restaurants, breweries, and the Dekum Triangle.
For buyers and operators, the practical value here is a main home paired with a permitted second unit, supporting a range of household and leasing arrangements while keeping the exterior and interior connectivity options under control. The combination of a dedicated ADU entry, covered outdoor space, and the overall room count can help accommodate changing needs over time.
A fully permitted daylight ADU adds a separate living setup, with stained concrete floors and its own full kitchen, living and dining area, and two bedrooms plus one bathroom. The ADU includes a private exterior entrance with a dedicated concrete patio, along with a lockable interior connection that allows the units to be integrated or kept separate. The property sits within zoning R5. Public remarks also reference proximity to Woodlawn Park, coffee shops, restaurants, breweries, and the Dekum Triangle.
For buyers and operators, the practical value here is a main home paired with a permitted second unit, supporting a range of household and leasing arrangements while keeping the exterior and interior connectivity options under control. The combination of a dedicated ADU entry, covered outdoor space, and the overall room count can help accommodate changing needs over time.
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 | $92.2k | $21.00 |
| − Vacancy | −$4.8k | −$1.09 |
| EGI | $87.4k | $19.91 |
| − OpEx | −$26.2k | −$5.97 |
| NOI | $61.2k | $13.94 |
4,390 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$874.0K
$764.7K – $1.02M
NOI $61,177 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$805.2K
$704.6K – $939.5K
NOI $56,367 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,297 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.651223
- Latitude
- 45.575317
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Modern home with a fully permitted 2-bedroom ADU, offering flexible living or rental separation.
Where is this duplex located?
The property is located at 1336 NE HOLLAND St Portland, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2017‑built modern home with central air and forced air heating; 4‑bedroom, 2.5‑bath main home with soaring ceilings, hardwood floors, and an open‑concept living/dining/kitchen/family room; Primary suite includes a huge walk‑in closet and ensuite bath
