Two-Unit Duplex with Attached
New
For Sale
$550,000
7502 N Williams Ave, Portland, OR 97217
MULTI_FAMILY - Portland, OR
Property Size1,872 SF
Lot Size0.11 Acres
Price / SF$293.80
Days on Market3
Property Features for 7502 N Williams Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Subdivision
Piedmont
View
City
Elementary school
Woodlawn
Middle school
Ockley Green
High school
Jefferson
Directions
Take Lombard East from Interstate 5 - Turn Left on Williams - Property on Corner
Standard status
Active
APN
R517242
Size
1,872 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
LOVELEIGH, BLOCK 17, W 46' OF LOT 10&11
Tax Annual Amount
6268
Legal Description
LOVELEIGH, BLOCK 17, W 46' OF LOT 10&11
Utilities
Heating system
Baseboard
Building Details
Year built
2003
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
Cooper Realty LLC
(503) 515-8426
Listed By:
Ernest Cooper · License #990700153
(503) 515-8426
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 2:06PM
MLS# 142907452
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 well-maintained duplex at 7502 N Williams Ave in Portland offers owner-occupant flexibility alongside dependable rental income. Built in 2003, the property is configured as two 2-bedroom, 1-bath units, with approximately 936 square feet per unit and 1,872 square feet total. Each unit includes an attached garage, and one residence features direct garage-to-home access. The home is finished with durable vinyl siding, easy-care landscaping, baseboard heat, and a composition roof.
The duplex sits on a 0.11-acre lot and is positioned on the bus line with nearby access to MAX Light Rail. It is described as minutes to Fred Meyer and New Seasons Market, and also close to the Williams Corridor, Mississippi Avenue, and local restaurants, cafes, breweries, and boutiques. The location also provides quick access to downtown Portland, St. Johns, and Portland International Airport.
With its two-unit layout and practical floor plans, the property supports both investment ownership and the option for an owner to live in one unit while renting the other.
The duplex sits on a 0.11-acre lot and is positioned on the bus line with nearby access to MAX Light Rail. It is described as minutes to Fred Meyer and New Seasons Market, and also close to the Williams Corridor, Mississippi Avenue, and local restaurants, cafes, breweries, and boutiques. The location also provides quick access to downtown Portland, St. Johns, and Portland International Airport.
With its two-unit layout and practical floor plans, the property supports both investment ownership and the option for an owner to live in one unit while renting the other.
Key Highlights
- Built in 2003 duplex on a 0.11‑acre lot
- Two 2‑bedroom, 1‑bath units; about 936 SF per unit (1,872 SF total)
- Attached garages; one unit has direct garage‑to‑home access
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 | $39.3k | $21.00 |
| − Vacancy | −$2.0k | −$1.09 |
| EGI | $37.3k | $19.91 |
| − OpEx | −$11.2k | −$5.97 |
| NOI | $26.1k | $13.94 |
1,872 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$372.7K
$326.1K – $434.8K
NOI $26,087 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$343.4K
$300.5K – $400.6K
NOI $24,036 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$525.7K
$460.0K – $613.3K
NOI $36,799 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 97217, OR
36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
Median Home Value
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 - Well-maintained two-unit duplex with vinyl siding, baseboard heat, and attached garages in Res zoning.
Where is this duplex located?
The property is located at 7502 N Williams Ave Portland, OR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Built in 2003 duplex on a 0.11‑acre lot; Two 2‑bedroom, 1‑bath units; about 936 SF per unit (1,872 SF total); Attached garages; one unit has direct garage‑to‑home access
