Updated Duplex with Fenced
New
For Sale
$649,000
6364 SW 192ND Ave, Beaverton, OR 97078
MultiFamily, Beaverton, OR
Property Size2,024 SF
Lot Size0.24 Acres
Price / SF$320.65
Days on Market2
Property Features for 6364 SW 192ND Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
View
Territorial, Park
Elementary school
Kinnaman
Middle school
Mountain View
High school
Aloha
Directions
from Hwy 217, West onto Hwy 10 (Farmington Rd), Rt on SW 192nd Ave, duplex on the right
Subdivision
_150
Standard status
Active
APN
R388565
Size
2,024 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
TEE-JAY NO.4, LOT 67
Tax Annual Amount
4642
Legal Description
TEE-JAY NO.4, LOT 67
Utilities
Heating system
Zoned
Building Details
Year built
1977
Floors in Building
1
Number of units
2
Roof type
Shingle, Composition
Listing Agency:
BST Realty LLC
(971) 900-4050
Listed By:
Angela Lopez · License #201215862
(503) 999-0245
Added: Sep 12
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 717280282
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 2,024-square-foot duplex was built in 1977 and has received updates including LVP flooring, appliances, fixtures, washers, and dryers. The two units include separate fenced backyard areas, while the property’s heating is zoned and the roof is shingle and composition. The residence includes five bedrooms and two bathrooms overall.
Set in a residential neighborhood near Hazeldale Park, the property occupies 0.24 acres in Beaverton. One unit is owner occupied, and the other is leased month to month. R-5 zoning supports its duplex configuration, with improvements geared toward ongoing residential use.
Set in a residential neighborhood near Hazeldale Park, the property occupies 0.24 acres in Beaverton. One unit is owner occupied, and the other is leased month to month. R-5 zoning supports its duplex configuration, with improvements geared toward ongoing residential use.
Key Highlights
- 2,024‑square‑foot duplex on 0.24 acres
- R‑5 zoning in a residential neighborhood
- Updated with LVP flooring, appliances, fixtures, washers, and dryers
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,988
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,760
$519.8K
Cap Rate 7%
$371,257
$371.3K
Cap Rate 9%
$288,756
$288.8K
Market Conditions
NOI Build-Up for 2,024 SF
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.
Gross rent
$49.8K $24.60/SF
− Vacancy
−$2.5K −$1.25/SF
EGI
$47.3K $23.35/SF
− OpEx
−$21.3K −$10.51/SF
NOI
$26.0K $12.84/SF
Area
Washington County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,760
Cap Rate 7%
$371,257
Cap Rate 9%
$288,756
Alternative Uses
Best Use
Apartment 5plus
$371.3K
$324.9K – $433.1K
NOI $25,988 @ 7.0% cap · market cap 4.00%
Second Best
Multifamily LT 5
$355.0K
$310.7K – $414.2K
NOI $24,852 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$546.3K
$478.0K – $637.4K
NOI $38,243 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
Demographics for 97078, OR
25,234
Population
9,292
Households
2.7
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
4,005
Density / Sq Mi
$83,940
Median Household Income
$44,473
Median Earnings
$1,824
Median Rent
$462,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with updated interiors, separate fenced outdoor areas, and R-5 zoning.
Where is this duplex located?
The property is located at 6364 SW 192ND Ave Beaverton, OR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,024‑square‑foot duplex on 0.24 acres; R‑5 zoning in a residential neighborhood; Updated with LVP flooring, appliances, fixtures, washers, and dryers
