Turnkey Duplex Investment
19787 Southwest 67th Avenue Tualatin, OR 97062
19787 Southwest 67th Avenue, Tualatin, OR, 97062
$575,000
For Sale
$575,000
Two spacious units, each with 2 bedrooms and 2 bathrooms, with a roof and gutters updated in 2020.
Property Size1,648 SF
Price / SF$348.91
Days on Market175
Property Features for 19787 Southwest 67th Avenue
General Information
- Standard status
- Active
- Size
- 1,648 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1978
Listing agency
Keller Williams Realty Profes.
(503) 546-9955
Listed by
Marc Zemp · License #201203833
(503) 546-9955
Source
Compass
Added: Jan 28 Updated: Jul 21 at 1:32PM Checked: Jul 21 at 1:32PM
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 Keller Williams Realty Profes.
Investment Insights
Based on property information with market context.
This turnkey duplex presents a well-maintained, income-producing configuration with two spacious units. Each unit offers 2 bedrooms and 2 bathrooms, providing comfortable, self-contained living space. The property is described as professionally managed and currently occupied by long-term tenants, generating combined rents totaling $3,600 per month ($43,200 annually).
Updates include a new roof and gutters completed in 2020. The property is positioned in the heart of Tualatin with convenient access to public transportation including TriMet, as well as nearby I-5 and Hwy 205.
For buyers seeking an established rental asset, this duplex is offered as a performing investment with current rental income and straightforward, repeatable unit layouts.
Updates include a new roof and gutters completed in 2020. The property is positioned in the heart of Tualatin with convenient access to public transportation including TriMet, as well as nearby I-5 and Hwy 205.
For buyers seeking an established rental asset, this duplex is offered as a performing investment with current rental income and straightforward, repeatable unit layouts.
Key Highlights
- Tualatin duplex with 2 units; each unit has 2 bedrooms and 2 bathrooms
- Two spacious units with 824 sq ft of living space each
- Rents total $3,600/month ($43,200 income per year)
Local Financial Insights For Apartment 5plus
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 | $40.5k | $24.60 |
| − Vacancy | −$2.1k | −$1.25 |
| EGI | $38.5k | $23.35 |
| − OpEx | −$17.3k | −$10.51 |
| NOI | $21.2k | $12.84 |
1,648 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$302.3K
$264.5K – $352.7K
NOI $21,160 @ 7.0% cap · market cap 3.68%
Second Best
Multifamily LT 5
$289.1K
$252.9K – $337.3K
NOI $20,235 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$444.8K
$389.2K – $519.0K
NOI $31,138 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two spacious units, each with 2 bedrooms and 2 bathrooms, with a roof and gutters updated in 2020.
Where is this duplex located?
The property is located at 19787 Southwest 67th Avenue Tualatin, OR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Tualatin duplex with 2 units; each unit has 2 bedrooms and 2 bathrooms; Two spacious units with 824 sq ft of living space each; Rents total $3,600/month ($43,200 income per year)
