2-Unit Detached Cottage
New
For Sale
$659,900
7067 SE 60th AVE, Portland, OR 97206
Each residence has a private entrance and a two-level layout with open living space on the main floor.
Property Size1,798 SF
Price / SF$367.02
Days on Market3
Property Features for 7067 SE 60th AVE
General Information
Standard status
Active
Size
1,798 SF
Property subtype
Multi-Family
Zoning
R5
Net Operating Income
$38,382
Site & Location
Neighborhood
Woodstock
Road Access
Yes
Units
Unit Mix
2 x 2BR/2.1BA
Multifamily Units
2
Amenities
patio spaces
CrawlSpace
Electricity,Tank
UnitTypeType1
Electricity
2
AirConditioning,Dishwasher,Range,WasherDryer
3
2200
Level,PublicRoad
PublicWater
Approx. 60.19 x 43.4
0.06
OnStreet
Paved
ConcretePerimeter,StemWall
1798.0
BoardBattenSiding,CementSiding,LapSiding
Building Details
Building Size
1,798 SF
Year Built
2026
Buildings
2
Stories
2
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Darryl Bodle · License #199910100
(503) 709-4632
Source:
Premierepropertygroup
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 1 at 2:39AM
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 Keller Williams Realty Portland Premiere
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Investment Insights
Based on property information with market context.
This duplex comprises two detached cottages, each measuring 899 square feet and offering two bedrooms and 2.1 bathrooms. Both homes have private entries and two-level layouts, with open living areas, peninsula counters with eat bars, solid surface countertops, and practical storage. Mini-split heating and cooling serves the main level and bedrooms. Each residence also includes a patio. The homes were built in 2026 and are zoned R5.
Located at 7067 SE 60th Ave in Portland’s Brentwood-Darlington area, the property is positioned along SE 60th. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, dining, coffee shops, and bike routes are among the nearby neighborhood amenities.
The listing identifies a projected 5.45% cap rate at stabilization. Refrigerators, washers and dryers, and window coverings are offered with an acceptable offer.
Located at 7067 SE 60th Ave in Portland’s Brentwood-Darlington area, the property is positioned along SE 60th. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, dining, coffee shops, and bike routes are among the nearby neighborhood amenities.
The listing identifies a projected 5.45% cap rate at stabilization. Refrigerators, washers and dryers, and window coverings are offered with an acceptable offer.
Key Highlights
- Two detached cottages, each 899 square feet, with 2 bedrooms and 2.1 bathrooms
- Built in 2026; R5 zoning
- Mini‑split heating and cooling in the main living area and each bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,404
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,080
$528.1K
Cap Rate 7%
$377,200
$377.2K
Cap Rate 9%
$293,378
$293.4K
Market Conditions
NOI Build-Up for 1,798 SF
Gross rent
$39.9K $22.20/SF
− Vacancy
−$2.2K −$1.22/SF
EGI
$37.7K $20.98/SF
− OpEx
−$11.3K −$6.29/SF
NOI
$26.4K $14.69/SF
Area
ZIP 97206
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,080
Cap Rate 7%
$377,200
Cap Rate 9%
$293,378
Alternative Uses
Best Use
Multifamily LT 5
$377.2K
$330.1K – $440.1K
NOI $26,404 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$338.2K
$295.9K – $394.6K
NOI $23,674 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$504.9K
$441.8K – $589.1K
NOI $35,345 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private entrance and a two-level layout with open living space on the main floor.
Where is this duplex located?
The property is located at 7067 SE 60th AVE Portland, OR.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Two detached cottages, each 899 square feet, with 2 bedrooms and 2.1 bathrooms; Built in 2026; R5 zoning; Mini‑split heating and cooling in the main living area and each bedroom
