Well-Maintained Duplex: Investment
12528 SE TAGGART St Portland, OR 97236
For Sale
$569,900
MULTI_FAMILY - Portland, OR
Property Size2,581 SF
Lot Size0.09 Acres
Price / SF$220.81
Days on Market203
Property Features for 12528 SE TAGGART St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3
Standard status
Active
APN
R140052
Size
2,581 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
CORMAN MEADOWS, LOT 16
Tax Annual Amount
7154
Utilities
Heating system
Zoned
Building Details
Year built
1998
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency:
Keller Williams PDX Central
(503) 548-4848
Listed By:
Linn Holdhusen · License #201207312
(503) 754-1395
Added: Jan 8
Changed: Jul 29
Last Checked: Jul 30 at 4:06AM
MLS# 195603699
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 well-maintained duplex presents an opportunity for investment or owner-occupancy. Each unit includes an attached one-car garage, two bedrooms, and one and a half baths. A bonus room in each unit offers flexible use as an office, den, or potential non-conforming bedroom. The floor plans are functional, with private entrances, ample storage, and convenient garage access. The property is suitable for rental income, multi-generational living, or residing in one unit while renting out the other. It is located conveniently, providing easy access to nearby amenities, schools, and commuter routes. A new roof and sewer line were installed in 2023. In 2024, a new water heater was installed in unit 12530, sod was installed, and gutters were repaired and cleaned. The tenants in unit 12530 will be vacating on 5/31/26, presenting an opportunity for owner occupancy or securing a new tenant at an increased rent. The property size is 2581 square feet and the lot size is 0.09 acres.
Key Highlights
- Well‑maintained duplex built in 1998 with two units, each with a private entrance and attached one‑car garage
- Each unit has 2 bedrooms and 1.5 baths, plus a versatile bonus room for an office/den or potential non‑conforming bedroom
- New roof and sewer line installed in 2023
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 | $54.2k | $21.00 |
| − Vacancy | −$2.8k | −$1.09 |
| EGI | $51.4k | $19.91 |
| − OpEx | −$15.4k | −$5.97 |
| NOI | $36.0k | $13.94 |
2,581 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$513.8K
$449.6K – $599.5K
NOI $35,968 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$473.4K
$414.3K – $552.3K
NOI $33,140 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$724.8K
$634.2K – $845.6K
NOI $50,737 @ 7.0% cap · market cap 8.90%
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?
Duplex - Duplex with garages, bonus rooms, and recent upgrades.
Where is this duplex located?
The property is located at 12528 SE TAGGART St Portland, OR.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: Well‑maintained duplex built in 1998 with two units, each with a private entrance and attached one‑car garage; Each unit has 2 bedrooms and 1.5 baths, plus a versatile bonus room for an office/den or potential non‑conforming bedroom; New roof and sewer line installed in 2023
