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    5225-5227 Northeast Davis Street, Portland, OR 97213

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    Claim this Listing
    For Sale
    $565,000

    Duplexes

    Type:Multi Family
    Property size:
    2,154 SF
    Price / SF:
    $262/SF
    Added:
    May 31, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 2:38 am

    Property Features for 5225-5227 Northeast Davis Street

    General Information

    Standard status
    Active
    Size
    2,154 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1965

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    Listing Contact
    Tony Gomes

    Listing agent Tony Gomes License #201239602

    Listing office Balance Real Estate

    Listing date May 31, 2026

    Source Compass

    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 Balance Real Estate

    HighLights

    • Duplex in NE Portland built in 1965 with 2 stories, wood siding exterior, and a composition roof
    • Both units offer 2 bedrooms and 1 bathroom with spacious living areas and abundant natural light
    • Each unit has its own basement with laundry and attached garage space
    • Unit 5227 includes a covered deck, fenced backyard, and a tool shed
    • Both units have newer gas furnaces and A/C systems and vinyl windows
    • Home Energy Score: Unit 5225 is 6; Unit 5227 is 7 (per HES reports OR10248449 and OR10248450)

    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 $45.2k $21.00
    − Vacancy −$2.4k −$1.09
    EGI $42.9k $19.91
    − OpEx −$12.9k −$5.97
    NOI $30.0k $13.94
    2,154 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $428.8K
    $375.2K – $500.3K (±1% cap)
    NOI $30,017 @ 7.0% cap · market cap 5.31%
    Second Best
    Apartment 5plus
    $395.1K
    $345.7K – $461.0K (±1% cap)
    NOI $27,657 @ 7.0% cap · market cap 4.90%
    Theoretical Best
    Office A
    $604.9K
    $529.3K – $705.7K (±1% cap)
    NOI $42,343 @ 7.0% cap · market cap 7.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6096478
    Latitude
    45.5245844

    FAQs

    Where is this duplex located?
    The property is located at 5225-5227 Northeast Davis Street Portland, OR.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Duplex in NE Portland built in 1965 with 2 stories, wood siding exterior, and a composition roof; Both units offer 2 bedrooms and 1 bathroom with spacious living areas and abundant natural light; Each unit has its own basement with laundry and attached garage space
    More about this property
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