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18427 SE YAMHILL St, Portland, OR, 97233
Duplex with Separate Private Entrances

18427 SE YAMHILL St Portland, OR 97233

For Sale
$424,900

MULTI_FAMILY - Portland, OR

Property Size1,680 SF
Lot Size0.16 Acres
Price / SF$252.92
Days on Market48

Property Features for 18427 SE YAMHILL St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RTC
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Standard status
Active
APN
R153581
Size
1,680 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Description
EASTWOOD, LOT 14 TL 3900
Tax Annual Amount
3816

Utilities

Heating system
Baseboard
Cooling system
Window Unit(s)

Building Details

Year built
1948
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency: Tree City Real Estate
Listed By: Lizbeth Abbott
Added: Jun 6 Changed: Jul 9 Last Checked: Jul 23 at 1:06PM
MLS# 171563656

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 for-sale duplex includes two separate units, each with its own private entrance and functional living space. The property is configured to allow flexible occupancy, whether you plan to live in one unit and rent the other or operate both units as separate residences. The lot size is 0.16 acres, and the total property size is 1,680 square feet.

Located in SE Portland (Multnomah County) near public transportation, shopping, schools, parks, and major commuter routes, the property is positioned for everyday convenience. The address is 18427–18429 SE Yamhill Street, Portland, OR 97233.

With two independent entrances, the duplex format can work well for tenants who value privacy or for an owner seeking to manage two separate living spaces. The RTC zoning is noted for the property. As a residential income property, it may also appeal to investors and house-hackers looking for a straightforward two-unit setup in a convenient SE Portland area.

Key Highlights

  • Duplex at 18427–18429 SE Yamhill Street in SE Portland, built in 1948
  • Two separate units with private entrances
  • Baseboard heating

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 $35.3k $21.00
− Vacancy −$1.8k −$1.09
EGI $33.4k $19.91
− OpEx −$10.0k −$5.97
NOI $23.4k $13.94
1,680 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$334.5K
$292.7K – $390.2K (±1% cap)
NOI $23,412 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$308.2K
$269.6K – $359.5K (±1% cap)
NOI $21,571 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$471.8K
$412.8K – $550.4K (±1% cap)
NOI $33,025 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Computer & Electronic Repair Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm HVAC Service Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with private entrances and functional living space, suited for owner-occupant or rental use in SE Portland.
Where is this duplex located?
The property is located at 18427 SE YAMHILL St Portland, OR.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Duplex at 18427–18429 SE Yamhill Street in SE Portland, built in 1948; Two separate units with private entrances; Baseboard heating
More about this property
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