Remodeled Duplex with
For Sale
$599,900
2185-2187 Dorsey Dr, Hubbard, OR 97032
Multi Family, Hubbard, OR
Property Size2,552 SF
Lot Size0.21 Acres
Price / SF$235.07
Days on Market113
Property Features for 2185-2187 Dorsey Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 8, Bathroom 5, Bedroom 6, Bedroom 2, Bedroom 7
Patio and Porch features
Patio
Subdivision
Andrew Commons
Lot features
Lot: 10
Elementary school
North Marion
Middle school
North Marion
High school
North Marion
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 · HomeSmart International
(971) 599-5865
Listed By:
CHUN TRUONG · License #199911024
(503) 851-3167
Added: Jul 9
Changed: Oct 23
Last Checked: Oct 29 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This duplex contains 2,552 square feet across two occupied units, with recently remodeled interiors and open floor plans. Each unit includes a one-car garage, while carpet and vinyl flooring, forced-air heating, composition roofing, and patio areas add practical residential features. The property was built in 2003 and sits on 0.21 acres.
Located at 2185-2187 Dorsey Dr in Hubbard, the duplex backs to a nature preserve, providing a private rear setting. The two-unit configuration, garage access, and existing occupancy support continued residential use in a compact multifamily property.
Located at 2185-2187 Dorsey Dr in Hubbard, the duplex backs to a nature preserve, providing a private rear setting. The two-unit configuration, garage access, and existing occupancy support continued residential use in a compact multifamily property.
Key Highlights
- 2,552‑square‑foot duplex on 0.21 acres
- Two occupied units with recently remodeled interiors
- Each unit includes a one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,421
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,420
$388.4K
Cap Rate 7%
$277,443
$277.4K
Cap Rate 9%
$215,789
$215.8K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$29.7K $11.64/SF
− Vacancy
−$2.0K −$0.77/SF
EGI
$27.7K $10.87/SF
− OpEx
−$8.3K −$3.26/SF
NOI
$19.4K $7.61/SF
Area
Marion County, OR
Vacancy
6.60%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,420
Cap Rate 7%
$277,443
Cap Rate 9%
$215,789
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.8K – $323.7K
NOI $19,421 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$257.8K
$225.6K – $300.8K
NOI $18,049 @ 7.0% cap · market cap 3.01%
Theoretical Best
Specialty Retail
$600.2K
$525.2K – $700.2K
NOI $42,013 @ 7.0% cap · market cap 7.00%
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
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 97032, OR
5,188
Population
1,805
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
290
Density / Sq Mi
$100,301
Median Household Income
$47,561
Median Earnings
$1,492
Median Rent
$444,200
Median Home Value
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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 occupied units offer open layouts, private patios, and individual one-car garages.
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 $599,900.
What are key features of this property?
This property features: 2,552‑square‑foot duplex on 0.21 acres; Two occupied units with recently remodeled interiors; Each unit includes a one‑car garage
