Triplex with Detached Front
900 NE 91ST Ave Portland, OR 97220
For Sale
$749,900
MULTI_FAMILY - Portland, OR
Property Size4,096 SF
Lot Size0.17 Acres
Price / SF$183.08
Days on Market161
Property Features for 900 NE 91ST Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Bedrooms
8
Bathrooms
15
Rooms
Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 6, Bathroom 1, Bedroom 4, Bathroom 12, Bathroom 9, Bathroom 14, Bedroom 8, Bathroom 5, Bedroom 5, Bathroom 10, Bathroom 8, Bedroom 1, Bathroom 3, Bathroom 11, Bedroom 7, Bathroom 13, Bedroom 3, Bathroom 2, Bathroom 15, Bathroom 7
Standard status
Active
APN
R319476
Size
4,096 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
SECTION 33 1N 2E, TL 500 0.17 ACRES
Tax Annual Amount
11318
Utilities
Heating system
Forced Air
Building Details
Year built
2005
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
Keller Williams PDX Central
(503) 548-4848
Listed By:
David Girard · License #201221204
(971) 361-6347
Added: Feb 19
Changed: Jul 29
Last Checked: Jul 30 at 2:06AM
MLS# 285142697
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 triplex includes three addresses (#900, #904, and #908) located on one tax lot. The duplex portion consists of two units (#904 and #908), built in 2005, with each unit offering 3 bedrooms and 2.5 bathrooms, plus a single-car garage and a private backyard/patio space. The detached home out front (#900) was built in 1924 and features hardwood floors, a jack-and-jill bathroom, and a large unfinished basement.
Each unit has included kitchen appliances and a washer/dryer. The home energy score listed is 3, and the property is zoned RM1.
Unit #900 is recently vacant, and the listing notes it can be shown with scheduled appointments. Tenants in the duplex should not be disturbed, with guidance not to go past the back side of the single-family unit.
Each unit has included kitchen appliances and a washer/dryer. The home energy score listed is 3, and the property is zoned RM1.
Unit #900 is recently vacant, and the listing notes it can be shown with scheduled appointments. Tenants in the duplex should not be disturbed, with guidance not to go past the back side of the single-family unit.
Key Highlights
- Tri‑plex with 3 addresses (#900, #904, #908) on 1 tax lot
- Assumable loan at 4.85% and 6.74% cap rate listed in remarks
- Duplex (#904/#908) built in 2005: each unit has 3 beds, 2.5 baths, single‑car garage, and private backyard/patio space
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 | $86.0k | $21.00 |
| − Vacancy | −$4.5k | −$1.09 |
| EGI | $81.5k | $19.91 |
| − OpEx | −$24.5k | −$5.97 |
| NOI | $57.1k | $13.94 |
4,096 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$815.4K
$713.5K – $951.3K
NOI $57,080 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$751.3K
$657.4K – $876.6K
NOI $52,593 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,518 @ 7.0% cap · market cap 10.74%
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 - Triplex on one tax lot with two duplex units built in 2005 and a detached home built in 1924.
Where is this triplex located?
The property is located at 900 NE 91ST Ave Portland, OR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Tri‑plex with 3 addresses (#900, #904, #908) on 1 tax lot; Assumable loan at 4.85% and 6.74% cap rate listed in remarks; Duplex (#904/#908) built in 2005: each unit has 3 beds, 2.5 baths, single‑car garage, and private backyard/patio space
