Recently Remodeled Duplex with
2185-2187 Dorsey Dr Hubbard, OR 97032
2185-2187 Dorsey Dr, Hubbard, OR, 97032
$609,900
For Sale
$609,900
MULTI_FAMILY - Hubbard, OR
Property Size2,552 SF
Lot Size0.21 Acres
Price / SF$238.99
Days on Market14
Property Features for 2185-2187 Dorsey Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 8, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 2
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 329740
- Size
- 2,552 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5139
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2003
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Roof type
- Composition
Listing agency
HOMESMART REALTY GROUP
(971) 599-5865
Listed by
CHUN TRUONG · License #199911024
(503) 851-3167
Added: Jul 9 Checked: Jul 22 at 2:06PM
MLS# 843202
Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex at 2185-2187 Dorsey Dr offers two separate units with functional open floor plans and recently remodeled interiors. Each unit includes a 1-car garage, and the property is described as having a private setting that backs to a nature preserve.
Located in Hubbard, Oregon (97032) in Marion County, the duplex sits on a 0.21-acre lot. At the time of listing, both units are occupied.
For investors or owner-occupants looking for a duplex configuration, the current occupancy and separate unit setup provide immediate rental presence. The open floor plan layout and the added privacy of backing to a nature preserve can support tenant usability, while the attached 1-car garages add practical off-street parking for each unit.
Located in Hubbard, Oregon (97032) in Marion County, the duplex sits on a 0.21-acre lot. At the time of listing, both units are occupied.
For investors or owner-occupants looking for a duplex configuration, the current occupancy and separate unit setup provide immediate rental presence. The open floor plan layout and the added privacy of backing to a nature preserve can support tenant usability, while the attached 1-car garages add practical off-street parking for each unit.
Key Highlights
- Recently remodeled duplex with both units occupied for immediate rental income
- Year built 2003
- Both units feature open floor plans
Local Financial Insights For Multifamily LT 5
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 | $29.7k | $11.64 |
| − Vacancy | −$2.0k | −$0.77 |
| EGI | $27.7k | $10.87 |
| − OpEx | −$8.3k | −$3.26 |
| NOI | $19.4k | $7.61 |
2,552 SF · lease $11.64/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.8K – $323.7K
NOI $19,421 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$257.8K
$225.6K – $300.8K
NOI $18,049 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$600.2K
$525.2K – $700.2K
NOI $42,013 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two occupied units in a recently remodeled duplex, each with an open floor plan and a 1-car garage.
Where is this duplex located?
The property is located at 2185-2187 Dorsey Dr Hubbard, OR.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Recently remodeled duplex with both units occupied for immediate rental income; Year built 2003; Both units feature open floor plans
