4030-4032 Southeast Main Street, Portland, OR 97214
An updated duplex with remodeled interiors, a new roof, furnace, and sewer line—well-suited for living in one unit.
- Added:
- May 28, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 6 at 5:27 am
Property Features for 4030-4032 Southeast Main Street
General Information
- Standard status
- Active
- Size
- 3,195 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1890
Listing agent Valerie Hunter License #200110149 (541) 419-7253
Listing office H & H Preferred Real Estate (541) 419-7253
Listing date May 28, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of H & H Preferred Real Estate
HighLights
- Updated duplex with remodeled kitchens featuring quartz countertops and new appliances
- Remodeled bathrooms and new flooring throughout
- New 30‑year architectural shingle roof, new furnace, and new sewer line
- Fresh interior and exterior paint; new garage doors
- 2‑story duplex built in 1890 with unfinished basement and shingle siding
Overview
Located in close-in Southeast Portland, the property is described as just 2 blocks from the heart of Hawthorne, with walkable access to dining, shopping, entertainment, and coffee shops. The remarks cite a 90–94 Walk Score and a 95+ Bike Score. Buyer to verify all information.
The duplex is positioned as an owner-occupant or investment opportunity, allowing a buyer to live in one unit and rent the other. With extensive interior and major system updates already completed, it can appeal to tenants and buyers seeking a straightforward, maintained property where both units benefit from recent renovations and reliability upgrades.
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 | $67.1k | $21.00 |
| − Vacancy | −$3.5k | −$1.09 |
| EGI | $63.6k | $19.91 |
| − OpEx | −$19.1k | −$5.97 |
| NOI | $44.5k | $13.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6208525
- Latitude
- 45.513367
