Updated End-Unit
For Sale
$615,000
Pending
2926 SE 125TH AVE, Portland, OR 97236
Owner-occupant or rental configuration with one renovated unit and an existing long-term tenant.
Property Size3,005 SF
Days on Market71
Property Features for 2926 SE 125TH AVE
General Information
Standard status
Pending
Size
3,005 SF
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,613
Building Details
Building Size
3,005 SF
Year Built
2003
Listing Agency:
MORE Realty
Listed By:
Andre Hage · License #201232609
(425) 923-7823
Source:
Eleeterealestate
Added: Aug 7
Changed: Oct 9
Last Checked: Oct 15 at 6:34AM
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 MORE Realty
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Investment Insights
Based on property information with market context.
Built in 2003, this end-unit duplex includes two residences at 2926 and 2930 SE 125th Ave in Portland. The vacant unit has been refreshed with interior paint, kitchen cabinetry, countertops, luxury vinyl plank flooring, and renovated bathrooms with tile flooring. Those improvements were completed in 2026. The other residence is occupied by a tenant who has remained in place for more than six years.
Additional work includes exterior painting, while the property carries no HOA. Its Portland setting provides access to shopping, dining, parks, schools, and major commuter routes. The two-unit layout supports either owner occupancy with a separate rented residence or leasing both units, subject to applicable requirements.
Additional work includes exterior painting, while the property carries no HOA. Its Portland setting provides access to shopping, dining, parks, schools, and major commuter routes. The two-unit layout supports either owner occupancy with a separate rented residence or leasing both units, subject to applicable requirements.
Key Highlights
- End‑unit duplex at 2926 to 2930 SE 125th Ave, Portland, OR 97236
- Built in 2003 with no HOA
- Vacant unit updated in 2026 with new cabinets, countertops, LVP flooring, and renovated tile‑floor bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,876
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,520
$837.5K
Cap Rate 7%
$598,229
$598.2K
Cap Rate 9%
$465,289
$465.3K
Market Conditions
NOI Build-Up for 3,005 SF
Gross rent
$63.1K $21.00/SF
− Vacancy
−$3.3K −$1.09/SF
EGI
$59.8K $19.91/SF
− OpEx
−$17.9K −$5.97/SF
NOI
$41.9K $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%
$837,520
Cap Rate 7%
$598,229
Cap Rate 9%
$465,289
Alternative Uses
Best Use
Multifamily LT 5
$598.2K
$523.5K – $697.9K
NOI $41,876 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$551.2K
$482.3K – $643.1K
NOI $38,584 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$843.9K
$738.4K – $984.5K
NOI $59,071 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
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Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
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 - Owner-occupant or rental configuration with one renovated unit and an existing long-term tenant.
Where is this duplex located?
The property is located at 2926 SE 125TH AVE Portland, OR.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: End‑unit duplex at 2926 to 2930 SE 125th Ave, Portland, OR 97236; Built in 2003 with no HOA; Vacant unit updated in 2026 with new cabinets, countertops, LVP flooring, and renovated tile‑floor bathrooms
