Duplex with Upper
For Sale
$265,000
608 SE 7TH St, Pendleton, OR 97801
MultiFamily, Pendleton, OR
Property Size2,688 SF
Lot Size0.17 Acres
Price / SF$98.59
Days on Market51
Property Features for 608 SE 7TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1
View
City, Territorial
Elementary school
Sherwood Hts
Middle school
Sunridge
High school
Pendleton
Directions
SE Goodwin Ave., SE 7th.
Subdivision
_435
Standard status
Active
APN
112071
Size
2,688 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Lot 12, S. half of Lot 13, Block 173, Reservation Addition
Tax Annual Amount
2142
Legal Description
Lot 12, S. half of Lot 13, Block 173, Reservation Addition
Utilities
Heating system
Baseboard, Ceiling, Radiant
Cooling system
Wall Unit(s)
Building Details
Year built
1977
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Coldwell Banker Farley Company · Coldwell Banker Real Estate
(541) 276-0021
Listed By:
Marsha Morgan · License #930900241
(541) 377-5152
Added: Aug 21
Changed: Oct 2
Last Checked: Oct 10 at 7:06AM
MLS# 444489481
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,688-square-foot duplex was built in 1977 on a 0.17-acre lot. Each residence has a kitchen, and an upper-level deck adds outdoor space. Basement storage and a utility room connect to the backyard. Newer appliances are included, and the property has vinyl plank flooring.
The building is all-electric, with radiant ceiling heat and wall-mounted air conditioning. Tenants pay their utilities; the owner covers the water bill. The property is zoned R2.
The building is all-electric, with radiant ceiling heat and wall-mounted air conditioning. Tenants pay their utilities; the owner covers the water bill. The property is zoned R2.
Key Highlights
- 2,688‑square‑foot duplex on a 0.17‑acre lot
- Built in 1977; zoned R2
- Upper deck, basement storage, and utility room with backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,531
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
$250.6K
Cap Rate 7%
$179,014
$179.0K
Cap Rate 9%
$139,233
$139.2K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$19.4K $7.20/SF
− Vacancy
−$1.5K −$0.54/SF
EGI
$17.9K $6.66/SF
− OpEx
−$5.4K −$2.00/SF
NOI
$12.5K $4.66/SF
Area
Umatilla County, OR
Vacancy
7.50%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
Cap Rate 7%
$179,014
Cap Rate 9%
$139,233
Alternative Uses
Best Use
Multifamily LT 5
$179.0K
$156.6K – $208.9K
NOI $12,531 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$165.0K
$144.4K – $192.5K
NOI $11,549 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$562.7K
$492.4K – $656.5K
NOI $39,388 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
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Business Placement
Demographics for 97801, OR
21,882
Population
9,033
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
92%
High-School Grad
496.2 sq mi
ZIP Area
44
Density / Sq Mi
$73,308
Median Household Income
$38,719
Median Earnings
$924
Median Rent
$277,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have kitchens, and occupants share access to the backyard.
Where is this duplex located?
The property is located at 608 SE 7TH St Pendleton, OR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,688‑square‑foot duplex on a 0.17‑acre lot; Built in 1977; zoned R2; Upper deck, basement storage, and utility room with backyard access
