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    Nicely Managed Duplex with Private Laundry Title is generated by Realmo AI

    1036 N AINSWORTH St, Portland, OR 97217

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    Claim this Listing
    New
    For Sale
    $555,000

    MULTI_FAMILY - Portland, OR

    Property size:
    2,640 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $210/SF
    Added:
    Jun 24, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 26 at 1:06 am

    Property Features for 1036 N AINSWORTH St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM2
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
    Standard status
    Active
    APN
    R226270
    Size
    2,640 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    NORTH ALBINA, BLOCK 25, LOT 1
    Tax Annual Amount
    3505

    Utilities

    Heating system
    Forced Air, Gravity

    Building Details

    Year built
    1924
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

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    Contact an agent
    Pamela Ruble

    Listing agent Pamela Ruble

    Listing office Redfin 1500 NE Irving Street, Suite 380, Portland, OR

    Listing date Jun 24, 2026

    MLS# 299699739 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

    • Nicely managed duplex built in 1924 with two 1‑bedroom units
    • Each unit includes a bathroom plus a bonus room in the basement
    • Private laundry and storage for each unit
    • Each unit has a parking space in front of the detached garage
    • Heating includes forced air and gravity; roof is composition
    • Close to Peninsula Park, the Rose Garden, the Yellow MAX line, and New Seasons

    Overview

    This nicely managed duplex offers two separate one-bedroom units. Each unit includes a bathroom and a bonus room in the basement, along with private laundry and storage. Parking is provided with one space in front of the detached garage for each unit, supporting tenant convenience and day-to-day ease. The property’s interior photos were taken prior to tenants’ occupancy, and the existing tenants should not be disturbed.

    The address is 1036 N Ainsworth St in Portland, Oregon, and the property is zoned RM2. It is located just blocks from Peninsula Park, the Rose Garden, the Yellow MAX line, and New Seasons, placing daily errands and transit options within close reach.

    For buyers seeking a manageable residential income property, the duplex configuration provides two distinct rental units with private in-unit laundry, basement bonus space, and dedicated parking. The layout supports straightforward unit separation while maintaining practical shared-exterior access through the detached garage area.

    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 $55.4k $21.00
    − Vacancy −$2.9k −$1.09
    EGI $52.6k $19.91
    − OpEx −$15.8k −$5.97
    NOI $36.8k $13.94
    2,640 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $525.6K
    $459.9K – $613.2K (±1% cap)
    NOI $36,790 @ 7.0% cap · market cap 6.63%
    Second Best
    Apartment 5plus
    $484.3K
    $423.7K – $565.0K (±1% cap)
    NOI $33,898 @ 7.0% cap · market cap 6.11%
    Theoretical Best
    Office A
    $741.4K
    $648.7K – $864.9K (±1% cap)
    NOI $51,896 @ 7.0% cap · market cap 9.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.677864
    Latitude
    45.56622

    FAQs

    What type of property is this?
    Duplex - Two one-bedroom units each include private laundry, basement bonus space, and dedicated off-street parking.
    Where is this duplex located?
    The property is located at 1036 N AINSWORTH St Portland, OR.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: Nicely managed duplex built in 1924 with two 1‑bedroom units; Each unit includes a bathroom plus a bonus room in the basement; Private laundry and storage for each unit
    More about this property
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