Duplex on Large Corner
New
For Sale
$499,900
713 SE ENGLEWOOD Dr, Hillsboro, OR 97123
MULTI_FAMILY - Hillsboro, OR
Property Size1,820 SF
Lot Size0.20 Acres
Price / SF$274.67
Days on Market2
Property Features for 713 SE ENGLEWOOD Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Subdivision
CPO 9 HILLSBORO/ORENCO
Elementary school
Minter Bridge
Middle school
South Meadows
High school
Hillsboro
Directions
Baseline, South 7th Avenue, Duplex on Left
Standard status
Active
APN
R2165443
Size
1,820 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
2009-004 PARTITION PLAT, LOT 2, ACRES 0.20
Tax Annual Amount
3559
Legal Description
2009-004 PARTITION PLAT, LOT 2, ACRES 0.20
Amenities
washer/dryer hookup
shed
Building Details
Year built
1960
Floors in Building
1
Number of units
3
Roof type
Flat
Listing Agency:
MORE Realty
(503) 353-6673
Listed By:
Toni Weingart
(503) 515-9458
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 2 at 12:06PM
MLS# 198241157
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.
Duplex investment opportunity on a large corner lot in Hillsboro, Oregon. Built in 1960, the property features a flat roof and offers two units, each with three bedrooms and one bathroom. Washer/dryer hookups are located in the bathrooms. Additional exterior storage includes a shed for each unit, and there is detached covered parking. The duplex uses separate electric meters, while there is one water and sewer line serving both units. The property needs repairs.
Set on a 0.2-acre lot, the layout includes room for RV parking, which can support flexible tenant needs or personal use. The total property size is 1,820 square feet.
For buyers seeking a duplex with separate utilities and on-site covered parking, this one offers straightforward unit separation and practical site features, with condition considerations due to the repairs needed.
Set on a 0.2-acre lot, the layout includes room for RV parking, which can support flexible tenant needs or personal use. The total property size is 1,820 square feet.
For buyers seeking a duplex with separate utilities and on-site covered parking, this one offers straightforward unit separation and practical site features, with condition considerations due to the repairs needed.
Key Highlights
- 0.2‑acre large corner lot with room for RV parking
- Duplex built in 1960 with flat roof
- Each unit has three bedrooms and one bath
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 | $41.3k | $22.68 |
| − Vacancy | −$2.2k | −$1.22 |
| EGI | $39.0k | $21.46 |
| − OpEx | −$11.7k | −$6.44 |
| NOI | $27.3k | $15.02 |
1,820 SF · lease $22.68/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.5K
$341.7K – $455.6K
NOI $27,334 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$344.1K
$301.1K – $401.4K
NOI $24,086 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$488.7K
$427.7K – $570.2K
NOI $34,212 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,514
Businesses Nearby
Explore this area
Business Placement
Demographics for 97123, OR
48,369
Population
17,685
Households
2.7
Avg Household Size
37
Median Age
36%
College-Educated
87%
High-School Grad
55.7 sq mi
ZIP Area
868
Density / Sq Mi
$105,999
Median Household Income
$50,578
Median Earnings
$1,814
Median Rent
$489,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each unit has three bedrooms and one bath, with separate electric meters and detached covered parking on a corner lot.
Where is this duplex located?
The property is located at 713 SE ENGLEWOOD Dr Hillsboro, OR.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 0.2‑acre large corner lot with room for RV parking; Duplex built in 1960 with flat roof; Each unit has three bedrooms and one bath
