Professionally Maintained
1926 NE 11TH Ave Portland, OR 97212
For Sale
$795,000
MULTI_FAMILY - Portland, OR
Property Size2,836 SF
Lot Size0.12 Acres
Price / SF$280.32
Days on Market50
Property Features for 1926 NE 11TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- R182623
- Size
- 2,836 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- HOLLADAYS ADD, BLOCK 267, FRACTIONAL LOT 1, LOT 2
- Tax Annual Amount
- 10794
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1907
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Composition
Listing Agency:
CORE, Realtors
(971) 271-7174
Listed By:
Chris Johnson · License #930700182
(503) 407-9924
Added: Jun 8
Changed: Jun 10
Last Checked: Jul 27 at 7:06AM
MLS# 677137787
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 professionally maintained duplex offers a functional two-unit setup with modern updates alongside historic character. Central air and energy-efficient windows help support everyday comfort, and updated kitchens are included. Laundry is available within the units, with an in-unit washer and dryer for the upper unit. The property also includes a large basement that provides additional storage and convenient access related to the lower unit’s laundry needs.
Outdoor space is built into the layout. The upper unit features a massive deck with stairs leading to the back yard, while the lower unit has direct back yard access, creating an inside-to-outside connection for both residences. A 100-foot long driveway supports on-site parking and helps make day-to-day logistics easier.
Zoned RM2, the property is positioned for buyers seeking a residential income duplex in Portland. With two distinct units and practical shared improvements like basement storage and outdoor access for each unit, it can be a straightforward fit for owner-occupants or landlords looking for a maintained duplex configuration with clear resident amenities.
Outdoor space is built into the layout. The upper unit features a massive deck with stairs leading to the back yard, while the lower unit has direct back yard access, creating an inside-to-outside connection for both residences. A 100-foot long driveway supports on-site parking and helps make day-to-day logistics easier.
Zoned RM2, the property is positioned for buyers seeking a residential income duplex in Portland. With two distinct units and practical shared improvements like basement storage and outdoor access for each unit, it can be a straightforward fit for owner-occupants or landlords looking for a maintained duplex configuration with clear resident amenities.
Key Highlights
- Professionally maintained duplex built in 1907 with forced‑air heating
- Central air plus energy‑efficient windows and updated kitchens
- Upper unit includes in‑unit washer and dryer
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 | $59.6k | $21.00 |
| − Vacancy | −$3.1k | −$1.09 |
| EGI | $56.5k | $19.91 |
| − OpEx | −$16.9k | −$5.97 |
| NOI | $39.5k | $13.94 |
2,836 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$564.6K
$494.0K – $658.7K
NOI $39,521 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$796.4K
$696.9K – $929.2K
NOI $55,749 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - A maintained duplex with central air, updated kitchens, and in-unit laundry features for two independent residences.
Where is this duplex located?
The property is located at 1926 NE 11TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Professionally maintained duplex built in 1907 with forced‑air heating; Central air plus energy‑efficient windows and updated kitchens; Upper unit includes in‑unit washer and dryer
