Duplex With Attached
New
For Sale
$519,900
7502 N WILLIAMS Ave, Portland, OR 97217
MultiFamily, Portland, OR
Property Size1,872 SF
Lot Size0.11 Acres
Price / SF$277.72
Days on Market7
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Property Features for 7502 N WILLIAMS Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4
Subdivision
PIEDMONT
Elementary school
Woodlawn
Middle school
Ockley Green
High school
Jefferson
Directions
Lombard to N Williams (6 blocks E of I5)-Corner Lot
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
Amenities
attached garage
Building Details
Year built
2003
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
Randi Thompson
(503) 793-3587
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 15 at 3:06PM
MLS# 689983449
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.
Built in 2003, this RM1-zoned duplex contains two residences totaling 1,872 square feet. Each residence has an attached garage, and the Williams-facing home connects directly to its garage. The property occupies a 0.11-acre corner lot with an open area set back from the street. Composition roofing and a Home Energy Score of 8 are also reported.
The property is at 7502 N Williams Ave in Portland. The Williams and Mississippi areas, MAX service, New Seasons, Fred Meyer, restaurants, and cafes are identified among nearby destinations. An established rental history is noted for the property.
The property is at 7502 N Williams Ave in Portland. The Williams and Mississippi areas, MAX service, New Seasons, Fred Meyer, restaurants, and cafes are identified among nearby destinations. An established rental history is noted for the property.
Key Highlights
- Two residences totaling 1,872 square feet
- Built in 2003; RM1 zoning
- 0.11‑acre corner lot with open area set back from the street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,087
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,740
$521.7K
Cap Rate 7%
$372,671
$372.7K
Cap Rate 9%
$289,856
$289.9K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$39.3K $21.00/SF
− Vacancy
−$2.0K −$1.09/SF
EGI
$37.3K $19.91/SF
− OpEx
−$11.2K −$5.97/SF
NOI
$26.1K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,740
Cap Rate 7%
$372,671
Cap Rate 9%
$289,856
Alternative Uses
Best Use
Multifamily LT 5
$372.7K
$326.1K – $434.8K
NOI $26,087 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$343.4K
$300.5K – $400.6K
NOI $24,036 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$525.7K
$460.0K – $613.3K
NOI $36,799 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
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
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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 - Two separate residences, each with garage access, occupy a corner parcel in Portland.
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 $519,900.
What are key features of this property?
This property features: Two residences totaling 1,872 square feet; Built in 2003; RM1 zoning; 0.11‑acre corner lot with open area set back from the street
