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St. Helens Duplex Investment

744 Oregon Street St Helens, OR 97051

744 Oregon Street, St Helens, OR, 97051
$539,900
For Sale
$539,900

Clean duplex with two matching 3-bedroom, 1.5-bath units, each with appliances and washer/dryer hookups.

Property Size2,212 SF
Price / SF$244.08
Days on Market256

Property Features for 744 Oregon Street

General Information

Standard status
Active
Size
2,212 SF
Property subtype
Multi Family

Building Details

Year Built
1998
Listing agency RE/MAX Powerpros
Listed by Lea Chitwood · License #980700011
Source Compass
Added: Nov 7, 2025 Updated: Jul 20 at 5:57PM Checked: Jul 21 at 6:49AM

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 RE/MAX Powerpros


Investment Insights

Based on property information with market context.

Nice and clean duplex in St. Helens with a strong rental history. The property features two units with the same floor plan, each offering three bedrooms and 1 1/2 baths. Both units include appliances and washer/dryer hookups, with small decks off the dining and kitchen area.

Both units are currently tenant-occupied, and buyers are instructed not to disturb the tenants. Offers are subject to interior inspection.

The duplex configuration provides two comparable residential units under one ownership, each laid out similarly and supported with in-unit appliance provisions and laundry hookups.

Key Highlights

  • Duplex built in 1998 with 3 stories and a crawl space foundation (concrete perimeter).
  • Two matching units with the same layout: 3 bedrooms and 1.5 baths per unit.
  • Each unit includes appliances and washer/dryer hookups.

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 $49.1k $22.20
− Vacancy −$3.0k −$1.37
EGI $46.1k $20.83
− OpEx −$13.8k −$6.25
NOI $32.3k $14.58
2,212 SF · lease $22.20/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$460.8K
$403.2K – $537.6K (±1% cap)
NOI $32,254 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$405.7K
$355.0K – $473.4K (±1% cap)
NOI $28,402 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$597.1K
$522.4K – $696.6K (±1% cap)
NOI $41,795 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Parts Store Parking Lot & Garage HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Catering Service Bakery Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Clean duplex with two matching 3-bedroom, 1.5-bath units, each with appliances and washer/dryer hookups.
Where is this duplex located?
The property is located at 744 Oregon Street St Helens, OR.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Duplex built in 1998 with 3 stories and a crawl space foundation (concrete perimeter).; Two matching units with the same layout: 3 bedrooms and 1.5 baths per unit.; Each unit includes appliances and washer/dryer hookups.
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