Multifamily Property with Detached
13661 SE Ellen DR, Clackamas, OR 97015
For Sale
$650,000
A three-bedroom main residence is paired with a separate two-bedroom accessory dwelling above the garage.
Property Size2,400 SF
Price / SF$270.83
Days on Market11
Property Features for 13661 SE Ellen DR
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
North County Realty
Listed By:
Brittany Gibbs · License OR #201209867
(503) 836-2010
Source:
Findhousesinoregon
Added: Nov 3
Changed: Nov 12
Last Checked: Nov 12 at 7:58AM
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 North County Realty
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Investment Insights
Based on property information with market context.
Built in 1998, the property includes a three-bedroom, three-bath main home and a detached accessory dwelling above an oversized three-car garage. The 720-square-foot ADU has two bedrooms, one bathroom, a fireplace, balcony access, in-unit laundry, and a garage. Separate electric meters serve the two residences.
Recent improvements include interior and exterior paint, a roof, and hot water heaters. Appliances are included, and the property has no HOA. Nearby destinations include Happy Valley food carts, shops, restaurants, parks, and the library.
Recent improvements include interior and exterior paint, a roof, and hot water heaters. Appliances are included, and the property has no HOA. Nearby destinations include Happy Valley food carts, shops, restaurants, parks, and the library.
Key Highlights
- Detached 720‑square‑foot ADU with 2 bedrooms and 1 bathroom
- Main home has 3 bedrooms and 3 full bathrooms
- ADU features a fireplace, balcony, in‑unit washer and dryer, and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,816
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,320
$616.3K
Cap Rate 7%
$440,229
$440.2K
Cap Rate 9%
$342,400
$342.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$59.0K $24.60/SF
− Vacancy
−$3.0K −$1.25/SF
EGI
$56.0K $23.35/SF
− OpEx
−$25.2K −$10.51/SF
NOI
$30.8K $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%
$616,320
Cap Rate 7%
$440,229
Cap Rate 9%
$342,400
Alternative Uses
Best Use
Apartment 5plus
$440.2K
$385.2K – $513.6K
NOI $30,816 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.8K
$566.8K – $755.8K
NOI $45,347 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
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Business Placement
Demographics for 97015, OR
23,265
Population
9,420
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
2,644
Density / Sq Mi
$82,865
Median Household Income
$48,808
Median Earnings
$1,778
Median Rent
$491,300
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Clackamas County, OR
Properties on Market for Multifamily properties in Clackamas County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - A three-bedroom main residence is paired with a separate two-bedroom accessory dwelling above the garage.
Where is this multifamily property located?
The property is located at 13661 SE Ellen DR Clackamas, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Detached 720‑square‑foot ADU with 2 bedrooms and 1 bathroom; Main home has 3 bedrooms and 3 full bathrooms; ADU features a fireplace, balcony, in‑unit washer and dryer, and garage
