Classic Irvington Duplex with
1917 1919 NE 10TH Ave NE, Portland, OR 97212
MULTI_FAMILY - Portland, OR
Property size:
3,438 SFLot size:
0.09 AcresPrice / SF:
$232/SF- Added:
- May 6, 2026
- Days on Market:
- 26
- Last Refresh:
- May 31 at 1:06 am
Property Features for 1917 1919 NE 10TH Ave NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
- Standard status
- Active
- APN
- R182639
- Size
- 3,438 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- HOLLADAYS ADD, BLOCK 269, N 40' OF LOT 6
- Tax Annual Amount
- 8765
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1908
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Metal, Shingle
Listing agent Jeff Stephens License #201237728 (503) 869-7303
Listing office MORE Realty 9792 SW Nimbus Ave, Tigard, OR (503) 353-6673
Listing date May 6, 2026
MLS# 637686679
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
- High Income Potential: Currently rented at solid market rates, offering immediate investment returns.
- Prime Irvington Location: Situated in Portland's desirable historic Irvington neighborhood.
- Large Units with Vintage Charm: Features hardwood floors, formal dining rooms with built‑ins, and leaded glass details.
- Significant Expansion Potential: Includes a large unfinished basement and semi‑finished attic for future development.
- Low‑Maintenance Exterior: Vinyl siding and metal shingle roof minimize upkeep.
- Private Entrances and Dedicated Parking: Offers convenience and privacy for each unit.
Overview
This classic duplex, located in Portland's historic Irvington neighborhood, offers a blend of character and income potential. The property features two units, both currently rented at market rates. Each unit includes hardwood floors, formal dining rooms with built-ins, leaded glass details, and storage. The kitchens have butler's pantries, and private entrances provide convenience. Residents can enjoy a covered front porch, a covered patio, and off-street tandem driveway parking. The exterior features low-maintenance vinyl siding and a metal shingle roof. A 1,340 sq ft unfinished basement with ceiling height and two sets of laundry hookups offers finishing potential. The main-level unit (1917) provides approximately 1,360 square feet of living space, while the upper unit (1919) spans 1,377 square feet plus an additional 700 square feet of wood-paneled attic space with closets. The property also includes a semi-finished attic and an oversized basement. Some of the electrical was updated in 2025. The property is zoned RM2 and sits on a 0.09-acre lot.
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 | $72.2k | $21.00 |
| − Vacancy | −$3.8k | −$1.09 |
| EGI | $68.4k | $19.91 |
| − OpEx | −$20.5k | −$5.97 |
| NOI | $47.9k | $13.94 |
3,438 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.4K
$598.9K – $798.5K
NOI $47,911 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$630.6K
$551.8K – $735.7K
NOI $44,144 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$965.5K
$844.8K – $1.13M
NOI $67,583 @ 7.0% cap · market cap 8.45%
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
- -122.655843
- Latitude
- 45.536794
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious Portland duplex with market rents and further potential.
Where is this duplex located?
The property is located at 1917 1919 NE 10TH Ave NE Portland, OR.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: High Income Potential: Currently rented at solid market rates, offering immediate investment returns.; Prime Irvington Location: Situated in Portland's desirable historic Irvington neighborhood.; Large Units with Vintage Charm: Features hardwood floors, formal dining rooms with built‑ins, and leaded glass details.
