6421 SE 58TH Ave SE, Portland, OR 97206
MULTI_FAMILY - Portland, OR
- Added:
- Jan 22, 2026
- Days on Market:
- 165
- Last Refresh:
- Jul 6 at 10:06 am
Property Features for 6421 SE 58TH Ave SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
- Standard status
- Active
- APN
- R289713
- Size
- 1,877 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- TREMONT PL, BLOCK 8, INC PT VAC ALLEY LOT 16
- Tax Annual Amount
- 6747
Utilities
- Heating system
- Zoned, Ceiling
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Mike Rushing (503) 887-7526
Listing office Real Broker 2175 NW Raleigh Street, ste 110, Portland, OR (855) 450-0442
Listing date Jan 22, 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
- Single‑level duplex built in 1971 featuring two separate 2‑bedroom, 1‑bath units
- Each unit includes in‑unit washer and dryer plus off‑street parking
- Front unit has an attached one‑car garage
- Rear unit has alley access and a carport
- Zoned ceiling heating and composition roof
- Both units are tenant occupied and will be conveyed subject to existing month‑to‑month tenancies
Overview
Located at 6421 SE 58TH Ave SE in Portland, Oregon (97206), the duplex sits on a 0.12-acre lot and is zoned R5. The listing describes the property as being just blocks from the Woodstock Blvd commercial district.
For investors or buyers seeking a ready-to-own rental, this configuration supports immediate income continuity through the current tenants, with the buyer assuming the tenants at closing. The layout is designed around two independent living spaces, and the differing parking provisions (attached garage versus alley-access carport) add practical flexibility for residents. Buyer should plan for potential improvements and value-add opportunities, as the property is positioned as a repositioning opportunity in the listing remarks.
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 | $41.7k | $22.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $39.4k | $20.98 |
| − OpEx | −$11.8k | −$6.29 |
| NOI | $27.6k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.60389
- Latitude
- 45.476153
