Remodeled Single-Level
For Sale
$525,000
4414 SE 64th Ave, Portland, OR 97206
Two updated residences offer flexible occupancy, private outdoor space, and dedicated covered parking for each unit.
Property Size1,560 SF
Price / SF$336.54
Days on Market52
Property Features for 4414 SE 64th Ave
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Multi-Family
Occupancy
50%
Site & Location
Neighborhood
Roseway
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Amenities
fully fenced
Building Details
Year Built
1970
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Summa Real Estate Group
Listed By:
Justine Gamble · License #201225740
(503) 330-4060
Source:
Wyndeekono
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 5:00PM
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 Summa Real Estate Group
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Investment Insights
Based on property information with market context.
This 1,560-square-foot duplex at 4414 SE 64th Ave in Portland, OR, was built in 1970 and has a single-level layout. Each residence contains 2 bedrooms and 1 full bathroom. Both units have been remodeled with new flooring, updated kitchens, and mini-split systems. The property is fully fenced, and each side has its own carport parking.
One unit is occupied and includes a washer and dryer. The other is vacant and has washer and dryer hookups. The configuration supports separate residential occupancy within a two-unit property, with the home energy score reported as 9.
One unit is occupied and includes a washer and dryer. The other is vacant and has washer and dryer hookups. The configuration supports separate residential occupancy within a two-unit property, with the home energy score reported as 9.
Key Highlights
- 1,560‑square‑foot duplex with two 2‑bedroom, 1‑bath units
- Both units remodeled with new flooring and updated kitchens
- Mini‑split systems installed in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,909
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,180
$458.2K
Cap Rate 7%
$327,271
$327.3K
Cap Rate 9%
$254,544
$254.5K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$34.6K $22.20/SF
− Vacancy
−$1.9K −$1.22/SF
EGI
$32.7K $20.98/SF
− OpEx
−$9.8K −$6.29/SF
NOI
$22.9K $14.69/SF
Area
ZIP 97206
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,180
Cap Rate 7%
$327,271
Cap Rate 9%
$254,544
Alternative Uses
Best Use
Multifamily LT 5
$327.3K
$286.4K – $381.8K
NOI $22,909 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$293.4K
$256.8K – $342.4K
NOI $20,541 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 5.84%
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
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
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Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer flexible occupancy, private outdoor space, and dedicated covered parking for each unit.
Where is this duplex located?
The property is located at 4414 SE 64th Ave Portland, OR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,560‑square‑foot duplex with two 2‑bedroom, 1‑bath units; Both units remodeled with new flooring and updated kitchens; Mini‑split systems installed in both residences
