Townhouse-Style Duplex with
For Sale
$399,000
Pending
11905 SE SCHILLER ST, Portland, OR 97266
Two townhouse-style units offer private living spaces, laundry hookups, and access to public transportation.
Property Size2,500 SF
Days on Market176
Property Features for 11905 SE SCHILLER ST
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
MULTI_FAMILY
Taxes and HOA fees
Annual Taxes
$6,163
Building Details
Building Size
2,500 SF
Year Built
2001
Listing Agency:
America's Best Realty, LLC
Listed By:
Denis Petrusha · License #201002014
(503) 422-5980
Source:
Eleeterealestate
Added: Apr 15
Changed: Sep 25
Last Checked: Oct 5 at 9:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of America's Best Realty, LLC
Investment Insights
Based on property information with market context.
Built in 2001, this townhouse-style duplex includes two residential units, each measuring approximately 858 square feet with two bedrooms and one bathroom. Both units include washer and dryer hookups, and the property features an oversized one-car garage.
The duplex is situated on SE Schiller Street in Portland’s 97266 ZIP code, within a quiet cul-de-sac and near public transportation. Its two-unit configuration and separate townhouse-style layouts provide a straightforward setup for residential income ownership or an owner-occupant arrangement.
The duplex is situated on SE Schiller Street in Portland’s 97266 ZIP code, within a quiet cul-de-sac and near public transportation. Its two-unit configuration and separate townhouse-style layouts provide a straightforward setup for residential income ownership or an owner-occupant arrangement.
Key Highlights
- Two‑unit townhouse‑style duplex built in 2001
- Each unit is approximately 858 sq. ft. with 2 bedrooms and 1 bathroom
- Washer and dryer hookups provided in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,839
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,780
$696.8K
Cap Rate 7%
$497,700
$497.7K
Cap Rate 9%
$387,100
$387.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$52.5K $21.00/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$49.8K $19.91/SF
− OpEx
−$14.9K −$5.97/SF
NOI
$34.8K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,780
Cap Rate 7%
$497,700
Cap Rate 9%
$387,100
Alternative Uses
Best Use
Multifamily LT 5
$497.7K
$435.5K – $580.7K
NOI $34,839 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$458.6K
$401.3K – $535.0K
NOI $32,100 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$702.1K
$614.3K – $819.1K
NOI $49,144 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Explore this area
Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two townhouse-style units offer private living spaces, laundry hookups, and access to public transportation.
Where is this duplex located?
The property is located at 11905 SE SCHILLER ST Portland, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit townhouse‑style duplex built in 2001; Each unit is approximately 858 sq. ft. with 2 bedrooms and 1 bathroom; Washer and dryer hookups provided in each unit
