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Newer Four-Unit Duplex Portfolio
For Sale
$1,700,000

204 N 15th ST, St Helens, OR 97051

Two 2023-built duplexes on separate tax lots, with every residence currently leased.

Property Size1,530 SF
Price / SF$1,111
Days on Market47

Property Features for 204 N 15th ST

General Information

Standard status Active
Size 1,530 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 3BR/2.5BA
Multifamily Units 4

Building Details

Year Built 2023
Buildings 2
Listing Agency: Cutting Edge Real Estate
Listed By: Brittany Gibbs · License #201209867
Source: Findhousesinoregon
Added: Sep 16 Changed: Oct 31 Last Checked: Nov 1 at 5:35AM

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 Cutting Edge Real Estate

Rey
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Investment Insights

Based on property information with market context.

This residential income property includes two duplex buildings constructed in 2023 and conveyed together across separate tax lots. The portfolio contains four residences, with each unit offering three bedrooms and two-and-a-half bathrooms. All units are leased, providing an established occupancy profile for the next owner.

The properties are located in St. Helens, Oregon, a Columbia River community with access to local amenities and the greater Portland metropolitan area. The offering combines two newer duplex assets in a single transaction, with interior photography completed before tenant occupancy.

Key Highlights

  • Two duplex buildings constructed in 2023
  • Four total units, with three bedrooms and two‑and‑a‑half bathrooms in each
  • All four units are currently leased

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 97051, OR

17,012
Population
6,804
Households
2.5
Avg Household Size
40
Median Age
17%
College-Educated
92%
High-School Grad
57.5 sq mi
ZIP Area
296
Density / Sq Mi
$85,837
Median Household Income
$47,468
Median Earnings
$1,258
Median Rent
$369,300
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two 2023-built duplexes on separate tax lots, with every residence currently leased.
Where is this duplex located?
The property is located at 204 N 15th ST St Helens, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two duplex buildings constructed in 2023; Four total units, with three bedrooms and two‑and‑a‑half bathrooms in each; All four units are currently leased
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