2015-Built Duplex Income
6136 Southeast Duke Street Portland, OR 97206
6136 Southeast Duke Street, Portland, OR, 97206
$625,000
For Sale
$625,000
2015-built duplex with a move-in ready 3-bedroom unit and a currently occupied 1-bedroom, generating rental income.
Property Size2,324 SF
Price / SF$268.93
Days on Market22
Property Features for 6136 Southeast Duke Street
General Information
- Standard status
- Active
- Size
- 2,324 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2015
Listing Agency
Knipe Realty ERA Powered
(503) 939-4241
Listed by
David Sobolik · License #201236397
(503) 939-4241
Source
Compass
Added: Jun 26 Checked: Jul 17 at 5:10 am
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 Knipe Realty ERA Powered
Investment Insights
Based on property information with market context.
This 2015-built duplex offers two separately configured homes, providing an owner-occupant or rental-income structure in one property. Unit A is a move-in ready 3-bedroom, 2.5-bath layout that has been recently updated. Unit B is a 1-bedroom, 1.5-bath unit that is currently occupied and paying rent.
The property is located at 6136 Southeast Duke Street in Portland, Oregon, with stated proximity to SE Woodstock commercial amenities including restaurants, coffee shops, and neighborhood retail.
Built in 2015 and maintained with recent updates in Unit A, the overall configuration supports straightforward renting of Unit B while offering a ready-to-occupy option in Unit A.
The property is located at 6136 Southeast Duke Street in Portland, Oregon, with stated proximity to SE Woodstock commercial amenities including restaurants, coffee shops, and neighborhood retail.
Built in 2015 and maintained with recent updates in Unit A, the overall configuration supports straightforward renting of Unit B while offering a ready-to-occupy option in Unit A.
Key Highlights
- 2015‑built duplex with 2 stories and crawl space foundation
- Unit A: 3‑bedroom, 2.5‑bath, recently updated and move‑in ready
- Unit B: 1‑bedroom, 1.5‑bath and currently occupied, generating rental income
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 | $51.6k | $22.20 |
| − Vacancy | −$2.8k | −$1.22 |
| EGI | $48.8k | $20.98 |
| − OpEx | −$14.6k | −$6.29 |
| NOI | $34.1k | $14.69 |
2,324 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.6K
$426.6K – $568.8K
NOI $34,129 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$437.1K
$382.5K – $510.0K
NOI $30,600 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$652.6K
$571.1K – $761.4K
NOI $45,685 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - 2015-built duplex with a move-in ready 3-bedroom unit and a currently occupied 1-bedroom, generating rental income.
Where is this duplex located?
The property is located at 6136 Southeast Duke Street Portland, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2015‑built duplex with 2 stories and crawl space foundation; Unit A: 3‑bedroom, 2.5‑bath, recently updated and move‑in ready; Unit B: 1‑bedroom, 1.5‑bath and currently occupied, generating rental income
