5222 SE WOODSTOCK BLVD, Portland, OR 97206
Built in 1914, this duplex includes a covered front porch and consistently rented units under CN2 zoning.
- Added:
- Mar 4, 2026
- Days on Market:
- 126
- Last Refresh:
- Jul 5 at 3:31 am
Property Features for 5222 SE WOODSTOCK BLVD
General Information
- Standard status
- Active
- Size
- 2,112 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1914
Listing office John L. Scott Portland Central (503) 702-0999
Listing date Mar 4, 2026
Source Premierepropertygroup
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 John L. Scott Portland Central
HighLights
- Built in 1914, duplex with 2 units and a covered front porch
- Both units have been consistently rented for years (Unit 1 rent $1,200; Unit 2 rent $1,125)
- CN2 zoning allows multiple use possibilities
- Total building area is 2,112 SF with concrete perimeter foundation
- Full basement (storage and basement space) and gas fuel
- 0.08‑acre level lot (33x100) with on‑street parking; public water and paved road surface
Overview
Located in the Woodstock neighborhood of Portland, the property is surrounded by shops, dining, and local amenities, aligning with the area’s walkable community feel. Zoning is listed as CN2, which can offer flexibility for multiple use possibilities depending on how a buyer plans to operate.
This is a practical fit for owner-occupants or investors who want a century-old duplex with established tenancy and the opportunity to refresh the home’s historic look. If you’re prepared to bring your carpenter or handyman skills, the CN2 zoning and period layout can support an approach focused on restoration and ongoing rental management. Buyers considering a long-term hold should review the zoning details and restoration scope as part of their due diligence.
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 | $46.9k | $22.20 |
| − Vacancy | −$2.6k | −$1.22 |
| EGI | $44.3k | $20.98 |
| − OpEx | −$13.3k | −$6.29 |
| NOI | $31.0k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6082126
- Latitude
- 45.4789111
