Duplex with Private
New
For Sale
$795,000
2160 SW KINGS CT, Portland, OR 97205
Two finished apartments are complemented by a lower level with potential for a third unit, subject to permitting verification.
Property Size2,394 SF
Days on Market7
Property Features for 2160 SW KINGS CT
General Information
Standard status
Active
Size
2,394 SF
Total Parking Spaces
4
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Goose Hollow Foothills League
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,037
Building Details
Building Size
2,394 SF
Year Built
1912
Listing Agency:
The Agency Portland
Listed By:
Dirk Hmura
(503) 740-0070
Source:
Eleeterealestate
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 21 at 5:08AM
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 The Agency Portland
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Investment Insights
Based on property information with market context.
Built in 1912, this 2,394-square-foot duplex contains two finished apartments, each with two bedrooms and one bathroom. The main-floor home has high ceilings, wood floors and a fireplace; the upper apartment includes wood floors and an eat-in kitchen. A lower-level area has received updates but still requires a kitchenette and shower or tub to function as a third unit. Buyers should verify permitting. Four private parking spaces serve the property.
The home is in Portland’s Kings Hill area, near the Goose Hollow MAX station, Providence Park, downtown and Washington Park. Highway 26 and I-405 provide regional road access.
The home is in Portland’s Kings Hill area, near the Goose Hollow MAX station, Providence Park, downtown and Washington Park. Highway 26 and I-405 provide regional road access.
Key Highlights
- 2,394‑square‑foot duplex built in 1912
- Two finished apartments, each with 2 bedrooms and 1 bathroom
- Main‑floor unit features high ceilings, wood floors and a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,362
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,240
$667.2K
Cap Rate 7%
$476,600
$476.6K
Cap Rate 9%
$370,689
$370.7K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$50.3K $21.00/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$47.7K $19.91/SF
− OpEx
−$14.3K −$5.97/SF
NOI
$33.4K $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%
$667,240
Cap Rate 7%
$476,600
Cap Rate 9%
$370,689
Alternative Uses
Best Use
Multifamily LT 5
$476.6K
$417.0K – $556.0K
NOI $33,362 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$439.1K
$384.2K – $512.3K
NOI $30,739 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$672.3K
$588.3K – $784.4K
NOI $47,061 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,894
Businesses Nearby
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Business Placement
Demographics for 97205, OR
8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two finished apartments are complemented by a lower level with potential for a third unit, subject to permitting verification.
Where is this duplex located?
The property is located at 2160 SW KINGS CT 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: 2,394‑square‑foot duplex built in 1912; Two finished apartments, each with 2 bedrooms and 1 bathroom; Main‑floor unit features high ceilings, wood floors and a fireplace
