Updated 1912 Triplex
6313 SE 92ND Ave Portland, OR 97266
For Sale
$692,400
MULTI_FAMILY - Portland, OR
Property Size3,872 SF
Lot Size0.13 Acres
Price / SF$178.82
Days on Market124
Property Features for 6313 SE 92ND Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
7
Bathrooms
3
Rooms
Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 5
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
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
Jason Preuit · License #200408054
(503) 984-9887
Added: Mar 26
Changed: Jul 13
Last Checked: Jul 27 at 3:06PM
MLS# 385255736
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 classic 1912 triplex offers three residential units with in-unit washer and dryer hookups. The configuration includes two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit on the main floor. Updates over time include kitchen, bathroom, and interior finish improvements, blending a more modern feel with original character.
The property is located in Portland, Oregon at 6313 SE 92nd Ave, and sits in RM2 zoning. It is positioned just off the Foster corridor, with convenient access to shopping, parks, schools, and everyday needs.
From a rental configuration standpoint, the unit mix provides a range of bedroom counts while maintaining the practical convenience of laundry hookups for each tenant. The offering is presented as a solid rental history option for investors or owner-occupants looking to live in one unit and rent the others.
The property is located in Portland, Oregon at 6313 SE 92nd Ave, and sits in RM2 zoning. It is positioned just off the Foster corridor, with convenient access to shopping, parks, schools, and everyday needs.
From a rental configuration standpoint, the unit mix provides a range of bedroom counts while maintaining the practical convenience of laundry hookups for each tenant. The offering is presented as a solid rental history option for investors or owner-occupants looking to live in one unit and rent the others.
Key Highlights
- Classic 1912 triplex with heat pump heating and a composition roof
- Unit mix: two 2‑bed, 1‑bath units plus a main floor 3‑bed, 1‑bath unit
- Updates over time include kitchens, bathrooms, and interior finishes
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
NOI $53,959 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$710.2K
$621.5K – $828.6K
NOI $49,716 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.09M
$951.4K – $1.27M
NOI $76,115 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Updated 1912 triplex with three independently served units, including washer and dryer hookups in each.
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 $692,400.
What are key features of this property?
This property features: Classic 1912 triplex with heat pump heating and a composition roof; Unit mix: two 2‑bed, 1‑bath units plus a main floor 3‑bed, 1‑bath unit; Updates over time include kitchens, bathrooms, and interior finishes
