Duplex with Attached
For Sale
$637,400
1048 NE REGAN HILL Loop, Estacada, OR 97023
MultiFamily, Estacada, OR
Property Size2,680 SF
Price / SF$237.84
Days on Market221
Property Features for 1048 NE REGAN HILL Loop
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
city
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 4
View
Park
Elementary school
Clackamas River
Middle school
Estacada
High school
Estacada
Directions
Hwy 224 N on Main E on 4th to Regan Hill Loop
Subdivision
_145
Standard status
Active
APN
05033378
Size
2,680 SF
Taxes and HOA fees
Tax Description
SUBDIVISION REGAN HILL ACRES 3 4541 LT 11
Tax Annual Amount
5356
Legal Description
SUBDIVISION REGAN HILL ACRES 3 4541 LT 11
Utilities
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Heat Pump, Central Air
Water front features
Creek
Water front
1
Building Details
Year built
2021
Floors in Building
2
Number of units
2
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: Oct 29
Last Checked: Nov 1 at 11:06AM
MLS# 706441135
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2021, this 2,680-square-foot duplex pairs a four-bedroom, 2.5-bath main residence with an attached accessory dwelling unit. The ADU has a separate entrance, two bedrooms, one bathroom, a full kitchen, living area, dedicated laundry room, and a one-car garage. Both residences have laminate flooring, quartz countertops, and stainless steel appliances.
A deck and fenced outdoor areas serve the property, with the layout providing distinct spaces for the main home and ADU. Heating is provided by a heat pump and forced air; cooling includes a heat pump and central air. The property also has creek waterfront features.
A deck and fenced outdoor areas serve the property, with the layout providing distinct spaces for the main home and ADU. Heating is provided by a heat pump and forced air; cooling includes a heat pump and central air. The property also has creek waterfront features.
Key Highlights
- 2,680 square feet; built in 2021
- Main residence has 4 bedrooms and 2.5 bathrooms
- Attached ADU includes 2 bedrooms, 1 bathroom, a full kitchen, living area, and dedicated laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,411
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,220
$688.2K
Cap Rate 7%
$491,586
$491.6K
Cap Rate 9%
$382,344
$382.3K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$65.9K $24.60/SF
− Vacancy
−$3.4K −$1.25/SF
EGI
$62.6K $23.35/SF
− OpEx
−$28.2K −$10.51/SF
NOI
$34.4K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,220
Cap Rate 7%
$491,586
Cap Rate 9%
$382,344
Alternative Uses
Best Use
Apartment 5plus
$491.6K
$430.1K – $573.5K
NOI $34,411 @ 7.0% cap · market cap 5.40%
Second Best
Multifamily LT 5
$480.9K
$420.8K – $561.1K
NOI $33,664 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$723.4K
$633.0K – $844.0K
NOI $50,638 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 97023, OR
11,676
Population
4,718
Households
2.5
Avg Household Size
42
Median Age
16%
College-Educated
93%
High-School Grad
196.5 sq mi
ZIP Area
59
Density / Sq Mi
$74,701
Median Household Income
$38,563
Median Earnings
$1,079
Median Rent
$530,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas offer a private-entry accessory unit alongside the main residence.
Where is this duplex located?
The property is located at 1048 NE REGAN HILL Loop Estacada, OR.
What is the asking price?
The asking price for this property is $637,400.
What are key features of this property?
This property features: 2,680 square feet; built in 2021; Main residence has 4 bedrooms and 2.5 bathrooms; Attached ADU includes 2 bedrooms, 1 bathroom, a full kitchen, living area, and dedicated laundry
