620 NE 69TH Ave, Hillsboro, OR 97124
MULTI_FAMILY - Hillsboro, OR
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 620 NE 69TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Standard status
- Active
- APN
- R727084
- Size
- 1,725 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- ACRES 0.18
- Tax Annual Amount
- 3282
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Metal
Listing agent Eva Sanders (503) 705-0755
Listing office John L. Scott Portland Central 1205 NE MLK Jr Blvd, Portland, OR (503) 230-8600
Listing date Jun 24, 2026
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
- Fixer duplex built in 1963 sold as‑is
- Vacant unit needs major replacement of all surfaces, windows, and appliances
- Exterior requires repair and paint
- Duplex is on a septic system
- Current rents are $1,645–$1,675 (vacancy noted as current vacant unit)
Overview
The duplex is located at 620 NE 69th Ave in Hillsboro, Oregon 97124, in Washington County. The seller states there is no knowledge of a sewer line scheduled for 69th.
For buyers looking for a renovation project, this duplex provides an opportunity to restore both the vacant unit and overall exterior condition. The seller reports strong rental history in the past, and current rents are listed at $1,645–$1,675. With significant interior and exterior work required, prospective owner-occupants and investors should plan for substantial repairs before the property can be fully re-leased and maintained in market condition.
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 | $39.1k | $22.68 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $37.0k | $21.46 |
| − OpEx | −$11.1k | −$6.44 |
| NOI | $25.9k | $15.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Washington
- State
- Oregon
- Longitude
- -122.909032
- Latitude
- 45.524517
