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    Updated Triplex in Southeast Portland Title is generated by Realmo AI

    6313 SE 92ND Ave, Portland, OR 97266

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    For Sale
    $699,900

    MULTI_FAMILY - Portland, OR

    Property size:
    3,872 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $180/SF
    Added:
    Mar 26, 2026
    Days on Market:
    79
    Last Refresh:
    Jun 12 at 4:06 am

    Property Features for 6313 SE 92ND Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM2
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 1
    Standard status
    Active
    APN
    R121998
    Size
    3,872 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Description
    BROCK ADD, BLOCK 1, LOT 2
    Tax Annual Amount
    4365

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Year built
    1912
    Floors in Building
    3
    Number of units
    3
    Roof type
    Composition

    We can help!

    Listing Contact
    Jason Preuit

    Listing agent Jason Preuit License #200408054

    Listing office Premiere Property Group, LLC 10135 SE Sunnyside Rd Ste 150, Lake Oswego, OR

    Listing date Mar 26, 2026

    MLS# 385255736 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

    • Classic 1912 triplex with original character and solid updates throughout
    • Triplex layout: each unit is 2 bed, 1 bath
    • Solid rental history; suited for either investment or owner‑occupant with rental income
    • Updated kitchens, bathrooms, and interior finishes
    • Each unit has its own washer and dryer hookups
    • Composition roof; heat pump (heating)

    Overview

    This classic 1912 triplex, located just off the Foster corridor in Southeast Portland, retains its original character while incorporating solid updates throughout. Each of the three units features 2 bedrooms and 1 bathroom, presenting a suitable opportunity for investors or owner-occupants looking to rent out the other units. The property has been updated over time with improvements to the kitchens, bathrooms, and interior finishes, creating a more modern feel while preserving the charm of an older home. Each unit is equipped with its own washer and dryer hookups. The location offers convenient access to shopping, parks, schools, and other everyday amenities. The surrounding area has been improving over the years with better walkability, updated streets, and more local shops and spots. The property is situated on a 0.13-acre lot and has a total size of 3872 square feet. The zoning is RM2.

    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 $81.3k $21.00
    − Vacancy −$4.2k −$1.09
    EGI $77.1k $19.91
    − OpEx −$23.1k −$5.97
    NOI $54.0k $13.94
    3,872 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $770.8K
    $674.5K – $899.3K (±1% cap)
    NOI $53,959 @ 7.0% cap · market cap 7.71%
    Second Best
    Apartment 5plus
    $710.2K
    $621.5K – $828.6K (±1% cap)
    NOI $49,716 @ 7.0% cap · market cap 7.10%
    Theoretical Best
    Office A
    $1.09M
    $951.4K – $1.27M (±1% cap)
    NOI $76,115 @ 7.0% cap · market cap 10.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.568973
    Latitude
    45.47712

    FAQs

    What type of property is this?
    Triplex - Classic triplex with modern updates and strong rental history.
    Where is this triplex located?
    The property is located at 6313 SE 92ND Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Classic 1912 triplex with original character and solid updates throughout; Triplex layout: each unit is 2 bed, 1 bath; Solid rental history; suited for either investment or owner‑occupant with rental income
    More about this property
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