Duplex With Attached
New
For Sale
$575,000
39344 HOOD St, Sandy, OR 97055
MultiFamily, Sandy, OR
Property Size2,258 SF
Price / SF$254.65
Days on Market6
Property Features for 39344 HOOD St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
4
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2
Elementary school
Sandy
Middle school
Cedar Ridge
High school
Sandy
Directions
Hood St
Subdivision
_144
Standard status
Active
APN
00656445
Size
2,258 SF
Taxes and HOA fees
Tax Description
343 O MEINIGS 3RD ADD LT 4 BLK 1
Tax Annual Amount
4685
Legal Description
343 O MEINIGS 3RD ADD LT 4 BLK 1
Amenities
washer/dryer hook ups
Building Details
Year built
2000
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
The Broker Network, LLC
(503) 465-5077
Listed By:
Jamie Hinkel
(503) 943-0121
Added: Aug 15
Changed: Aug 19
Last Checked: Aug 20 at 4:06AM
MLS# 272975913
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 2,258-square-foot duplex was built in 2000 and has a practical two-level layout. Each residence includes living space, a kitchen, bedrooms positioned upstairs, two full bathrooms, a downstairs half bathroom, and washer/dryer hookups. An attached garage serves the property, while the exterior includes low-maintenance yards and backyard space.
The property is located in Sandy, near town and parks. RES zoning supports its residential configuration, and the composition roof is an additional building feature. The layout provides separate residential spaces within a single duplex property, with room for an owner occupant and rental use as described in the property information.
The property is located in Sandy, near town and parks. RES zoning supports its residential configuration, and the composition roof is an additional building feature. The layout provides separate residential spaces within a single duplex property, with room for an owner occupant and rental use as described in the property information.
Key Highlights
- Duplex totaling 2,258 square feet
- Built in 2000
- Attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,993
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$579,860
$579.9K
Cap Rate 7%
$414,186
$414.2K
Cap Rate 9%
$322,144
$322.1K
Market Conditions
NOI Build-Up for 2,258 SF
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.
Gross rent
$55.5K $24.60/SF
− Vacancy
−$2.8K −$1.25/SF
EGI
$52.7K $23.35/SF
− OpEx
−$23.7K −$10.51/SF
NOI
$29.0K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$579,860
Cap Rate 7%
$414,186
Cap Rate 9%
$322,144
Alternative Uses
Best Use
Apartment 5plus
$414.2K
$362.4K – $483.2K
NOI $28,993 @ 7.0% cap · market cap 5.04%
Second Best
Multifamily LT 5
$405.2K
$354.5K – $472.7K
NOI $28,363 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$609.5K
$533.3K – $711.1K
NOI $42,664 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 97055, OR
20,606
Population
7,931
Households
2.6
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
112.6 sq mi
ZIP Area
183
Density / Sq Mi
$105,696
Median Household Income
$54,075
Median Earnings
$1,573
Median Rent
$472,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with residential zoning, low-maintenance yards, and a functional living arrangement for occupants or renters.
Where is this duplex located?
The property is located at 39344 HOOD St Sandy, OR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Duplex totaling 2,258 square feet; Built in 2000; Attached garage
