Two-Unit Duplex with
For Sale
$599,900
19778 SW 68TH Ave, Tualatin, OR 97062
MultiFamily, Tualatin, OR
Property Size2,058 SF
Lot Size0.23 Acres
Price / SF$291.50
Days on Market432
Property Features for 19778 SW 68TH Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Subdivision
STONE RIDGE
Elementary school
Bridgeport
Middle school
Hazelbrook
High school
Tualatin
Directions
Sagert to 68th
Standard status
Active
APN
R534951
Size
2,058 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
STONERIDGE, LOT 42, ACRES 0.23
Tax Annual Amount
4878
Legal Description
STONERIDGE, LOT 42, ACRES 0.23
Utilities
Heating system
Forced Air
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Roof type
Composition
Buildings
1
Listing Agency:
MORE Realty
(503) 353-6673
Listed By:
Kristin Sholes
(503) 307-7577
Added: Aug 25, 2025
Changed: Oct 30
Last Checked: Oct 30 at 9:06AM
MLS# 691452104
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.
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Investment Insights
Based on property information with market context.
This 2,058-square-foot duplex, built in 1978, contains two single-level residences on a 0.23-acre lot. One unit has three bedrooms and two bathrooms; the other has two bedrooms and one bathroom. Each residence includes a garage, forced-air heating, a washer and dryer, and a kitchen equipped with a dishwasher, disposal, range, and refrigerator. Ceiling fans are also present in both units.
The property is in Tualatin, within a few blocks of Atfalati Park, Horizon Middle School, and bus service. Shopping, dining, hospitals, parks, and freeway access are also identified among the nearby amenities. Both residences are currently occupied by tenants.
The property is in Tualatin, within a few blocks of Atfalati Park, Horizon Middle School, and bus service. Shopping, dining, hospitals, parks, and freeway access are also identified among the nearby amenities. Both residences are currently occupied by tenants.
Key Highlights
- Two residences totaling 2,058 square feet on a 0.23‑acre lot
- Unit mix: one 3‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence
- A garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,425
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,500
$528.5K
Cap Rate 7%
$377,500
$377.5K
Cap Rate 9%
$293,611
$293.6K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$50.6K $24.60/SF
− Vacancy
−$2.6K −$1.25/SF
EGI
$48.0K $23.35/SF
− OpEx
−$21.6K −$10.51/SF
NOI
$26.4K $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%
$528,500
Cap Rate 7%
$377,500
Cap Rate 9%
$293,611
Alternative Uses
Best Use
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,425 @ 7.0% cap · market cap 4.40%
Second Best
Multifamily LT 5
$361.0K
$315.9K – $421.2K
NOI $25,269 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$555.5K
$486.1K – $648.1K
NOI $38,885 @ 7.0% cap · market cap 6.48%
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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,406
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are tenant-occupied and have their own garage.
Where is this duplex located?
The property is located at 19778 SW 68TH Ave Tualatin, OR.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two residences totaling 2,058 square feet on a 0.23‑acre lot; Unit mix: one 3‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence; A garage for each unit
