402-404 Northwest 7th Street Pendleton, OR 97801
Versatile income property with potential for extended family living.
Property Features for 402-404 Northwest 7th Street
General Information
- Standard status
- Active
- Size
- 1,752 SF
- Property subtype
- Residential / Single Family Residence
Building Details
- Year Built
- 1900
Listing office Keller Williams PDX Central (541) 377-1700
Listing date May 20, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Income property potential with a basement apartment featuring a separate entrance, kitchen, bathroom, and living room.
- Suitable for extended family living or guest accommodations with a versatile layout.
- Main level features 2 bedrooms, 1 bathroom, hardwood floors, tall ceilings, fresh paint, and city views from the kitchen balcony.
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 | $12.6k | $7.20 |
| − Vacancy | −$946 | −$0.54 |
| EGI | $11.7k | $6.66 |
| − OpEx | −$3.5k | −$2.00 |
| NOI | $8.2k | $4.66 |
