Remodeled Duplex with Attached
For Sale
$875,000
19865 SW 68th Ave, Tualatin, OR 97062
Two residences feature fenced outdoor areas, fireplaces, updated kitchens, and in-unit laundry.
Property Size2,580 SF
Price / SF$339.15
Days on Market71
Property Features for 19865 SW 68th Ave
General Information
Standard status
Active
Size
2,580 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
attached garage
private fenced backyard
fireplace
in-unit laundry
Building Details
Year Built
1978
Year Renovated
2019
Listing Agency:
eXp Realty, LLC
Listed By:
John Tae · License #201209617
(888) 814-9613
Source:
Kingdomreal
Added: Jul 31
Changed: Sep 12
Last Checked: Oct 7 at 1:10PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This duplex contains 2,580 square feet, with approximately 1,290 square feet in each unit. Both residences offer three bedrooms, 2.5 bathrooms, an attached garage, a private fenced backyard, a fireplace, in-unit laundry, and an open-concept floor plan. Extensive remodeling completed in 2019 included kitchen updates with granite countertops, center islands, modern cabinetry, updated flooring, and contemporary finishes. One upstairs bedroom in Unit 19865 has LVP flooring.
The property is located in Tualatin’s Stone Ridge neighborhood near Atfalati Park, Bridgeport Village, Meridian Park Hospital, shopping, dining, public transportation, I-5, and OR-217. Its two-unit configuration supports use by tenants or an owner-occupant, with rental income from the second residence.
The property is located in Tualatin’s Stone Ridge neighborhood near Atfalati Park, Bridgeport Village, Meridian Park Hospital, shopping, dining, public transportation, I-5, and OR-217. Its two-unit configuration supports use by tenants or an owner-occupant, with rental income from the second residence.
Key Highlights
- 2,580‑square‑foot duplex with approximately 1,290 square feet per unit
- Each unit includes 3 bedrooms, 2.5 bathrooms, and an attached garage
- Both units have private fenced backyards, fireplaces, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,127
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,540
$662.5K
Cap Rate 7%
$473,243
$473.2K
Cap Rate 9%
$368,078
$368.1K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$63.5K $24.60/SF
− Vacancy
−$3.2K −$1.25/SF
EGI
$60.2K $23.35/SF
− OpEx
−$27.1K −$10.51/SF
NOI
$33.1K $12.84/SF
Area
Washington 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%
$662,540
Cap Rate 7%
$473,243
Cap Rate 9%
$368,078
Alternative Uses
Best Use
Apartment 5plus
$473.2K
$414.1K – $552.1K
NOI $33,127 @ 7.0% cap · market cap 3.79%
Second Best
Multifamily LT 5
$452.5K
$396.0K – $528.0K
NOI $31,678 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$696.4K
$609.4K – $812.5K
NOI $48,748 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 97062, OR
29,146
Population
11,659
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
2,053
Density / Sq Mi
$106,987
Median Household Income
$51,753
Median Earnings
$1,721
Median Rent
$607,800
Median Home Value
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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 residences feature fenced outdoor areas, fireplaces, updated kitchens, and in-unit laundry.
Where is this duplex located?
The property is located at 19865 SW 68th Ave Tualatin, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,580‑square‑foot duplex with approximately 1,290 square feet per unit; Each unit includes 3 bedrooms, 2.5 bathrooms, and an attached garage; Both units have private fenced backyards, fireplaces, and in‑unit laundry
