Updated Duplex with Outdoor
For Sale
$795,000
1926 NE 11TH Ave, Portland, OR 97212
MultiFamily, Portland, OR
Property Size2,836 SF
Lot Size0.12 Acres
Price / SF$280.32
Days on Market147
Property Features for 1926 NE 11TH Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1
Subdivision
IRVINGTON
View
City
Elementary school
Irvington
Middle school
Harriet Tubman
High school
Grant
Directions
hancock & 11th
Standard status
Active
APN
R182623
Size
2,836 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
HOLLADAYS ADD, BLOCK 267, FRACTIONAL LOT 1, LOT 2
Tax Annual Amount
10794
Legal Description
HOLLADAYS ADD, BLOCK 267, FRACTIONAL LOT 1, LOT 2
Utilities
Heating system
Forced Air
Amenities
central air
energy-efficient windows
in-unit washer/dryer (upper unit)
updated kitchens
deck
back yard access
basement storage
Building Details
Year built
1907
Floors in Building
3
Number of units
2
Roof type
Composition
Buildings
1
Listing Agency:
CORE, Realtors
(971) 271-7174
Listed By:
Chris Johnson · License #930700182
(503) 407-9924
Added: Jun 8
Changed: Oct 25
Last Checked: Nov 1 at 6:06PM
MLS# 677137787
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit residential property contains 2,836 square feet on a 0.12-acre lot and was built in 1907. Improvements include central air, forced-air heating, energy-efficient windows, and refreshed kitchens. The upper residence includes an in-unit washer and dryer, while the lower unit has access to laundry facilities from the basement. The property includes five bedrooms and three bathrooms, with a composition roof.
Outdoor features include a large upper-level deck, backyard access from both residences, and a 100-foot driveway providing on-site parking and exterior space. The basement adds storage and provides a separate access point for the lower unit. The property is located near public transportation, grocery stores, shops, restaurants, and other major amenities in Portland’s Irvington neighborhood.
Outdoor features include a large upper-level deck, backyard access from both residences, and a 100-foot driveway providing on-site parking and exterior space. The basement adds storage and provides a separate access point for the lower unit. The property is located near public transportation, grocery stores, shops, restaurants, and other major amenities in Portland’s Irvington neighborhood.
Key Highlights
- Duplex totals 2,836 square feet on a 0.12‑acre lot
- Five bedrooms and three bathrooms across the two units
- Built in 1907 with central air and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,521
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,420
$790.4K
Cap Rate 7%
$564,586
$564.6K
Cap Rate 9%
$439,122
$439.1K
Market Conditions
NOI Build-Up for 2,836 SF
Gross rent
$59.6K $21.00/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$56.5K $19.91/SF
− OpEx
−$16.9K −$5.97/SF
NOI
$39.5K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,420
Cap Rate 7%
$564,586
Cap Rate 9%
$439,122
Alternative Uses
Best Use
Multifamily LT 5
$564.6K
$494.0K – $658.7K
NOI $39,521 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$520.2K
$455.2K – $606.9K
NOI $36,414 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$796.4K
$696.9K – $929.2K
NOI $55,749 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,579
Businesses Nearby
Explore this area
Business Placement
Demographics for 97212, OR
26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with RM2 zoning, basement storage, and outdoor access serving both units.
Where is this duplex located?
The property is located at 1926 NE 11TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Duplex totals 2,836 square feet on a 0.12‑acre lot; Five bedrooms and three bathrooms across the two units; Built in 1907 with central air and forced‑air heating
