7020 NE HALSEY St, Portland, OR 97213
MULTI_FAMILY - Portland, OR
- Added:
- Apr 11, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 15 at 1:06 am
Property Features for 7020 NE HALSEY St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2A
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1
- Standard status
- Active
- APN
- R193554
- Size
- 2,250 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- JONESMORE, BLOCK 2, LOT 1&2
- Tax Annual Amount
- 6319
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Carl Iiams (503) 709-0900
Listing office Premiere Property Group, LLC 10135 SE Sunnyside Rd Ste 150, Lake Oswego, OR (503) 670-9000
Listing date Apr 11, 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
- Duplex on a corner lot in NE Portland, built in 1948
- 2 units with 2 bedrooms and 1 bath each, plus a full unfinished basement per unit
- Both units are vacant; one unit updated with fresh interior paint, new flooring, bathroom improvements, and a new gas furnace
- Second unit was recently vacated and is undergoing improvements
- Updated double‑pane vinyl windows and private fenced backyards for both units
- New roof installed and a detached two‑car garage on site
Overview
The home features updated double-pane vinyl windows and private fenced backyards for each unit. A new roof has been installed, and a detached two-car garage provides added utility and convenience.
With both units being vacant, the property can suit investors looking to add value and stabilize income, or owner-occupants interested in offsetting their mortgage through rental income while building equity. The duplex is being sold as-is.
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 | $47.3k | $21.00 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $44.8k | $19.91 |
| − OpEx | −$13.4k | −$5.97 |
| NOI | $31.4k | $13.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.590124
- Latitude
- 45.533381
