Side-by-Side Duplex with Bonus
1326 NE 60TH Ave Portland, OR 97213
New
1326 NE 60TH Ave, Portland, OR, 97213
$625,000
For Sale
$625,000
MULTI_FAMILY - Portland, OR
Property Size3,072 SF
Lot Size0.11 Acres
Price / SF$203.45
Days on Market5
Property Features for 1326 NE 60TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CM2
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3
- Standard status
- Active
- APN
- R279239
- Size
- 3,072 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- SUMMIT ADD, BLOCK 6, LOT 2
- Tax Annual Amount
- 6608
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1953
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Composition
Listing Agency
Windermere Realty Trust
(503) 284-7755
2045 NE Martin Luther King Blvd, Portland, OR
Listed by
James Coon
(503) 504-8574
Added: Jul 13 Checked: Jul 17 at 8:06 pm
MLS# 117031867
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.
Investment Insights
Based on property information with market context.
Built as a 1950s side-by-side duplex, the property includes two units with separate basement spaces and each unit featuring its own laundry hook-ups. Recent updates include fresh interior painting and newly refinished hardwood floors in both units, along with vintage kitchen and bathroom finishes.
Unit 1326 includes a converted garage with a bonus space, separate entrances, and a half bath, which could function as an additional interior room setup depending on tenant needs. The property is located in the Rose City Park neighborhood and is zoned CM2.
The home is situated on a 0.11-acre lot and is positioned for convenience to freeway access, the 60th Ave transit station, and nearby commerce.
Unit 1326 includes a converted garage with a bonus space, separate entrances, and a half bath, which could function as an additional interior room setup depending on tenant needs. The property is located in the Rose City Park neighborhood and is zoned CM2.
The home is situated on a 0.11-acre lot and is positioned for convenience to freeway access, the 60th Ave transit station, and nearby commerce.
Key Highlights
- 1950s side‑by‑side duplex in Rose City Park neighborhood with CM2 zoning
- Fresh interior painting and newly refinished hardwood floors in both units
- Forced‑air heating and composition roof
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 | $64.5k | $21.00 |
| − Vacancy | −$3.4k | −$1.09 |
| EGI | $61.2k | $19.91 |
| − OpEx | −$18.3k | −$5.97 |
| NOI | $42.8k | $13.94 |
3,072 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$611.6K
$535.1K – $713.5K
NOI $42,810 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$563.5K
$493.1K – $657.4K
NOI $39,444 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$862.7K
$754.9K – $1.01M
NOI $60,389 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Side-by-side duplex with separate basement spaces, in-unit laundry hook-ups, and a converted garage bonus area.
Where is this duplex located?
The property is located at 1326 NE 60TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1950s side‑by‑side duplex in Rose City Park neighborhood with CM2 zoning; Fresh interior painting and newly refinished hardwood floors in both units; Forced‑air heating and composition roof
