Duplex with Attached
New
For Sale
$749,900
7605 N Woolsey AVE, Portland, OR 97203
Two separate residences each have their own kitchen, laundry area, and entrance.
Property Size2,137 SF
Price / SF$350.91
Days on Market2
Property Features for 7605 N Woolsey AVE
General Information
Standard status
Active
Size
2,137 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 753-3151
Listed By:
Realty Portland Team
(503) 966-4371
Source:
Realtyportland
Added: Oct 16
Last Checked: Oct 16 at 8:09AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this 2,137-square-foot duplex pairs a three-bedroom main residence with a permitted, attached two-bedroom ADU. The main home has an open living, dining, and kitchen area, a main-floor primary suite, two upstairs bedrooms, bonus space, and built-in laundry storage. The ADU includes its own living and kitchen areas, two upstairs bedrooms, and dedicated laundry. Each residence has separate access and ductless mini-split heating and cooling. An outdoor courtyard and one-year builder warranty are also included.
The property is in Portland’s Portsmouth neighborhood, a couple of blocks from Columbia Park. East Side Deli, New Seasons Market’s University Park store, the University of Portland, and shops and restaurants in St. Johns are also nearby. The configuration supports multigenerational living, owner occupancy with potential supplemental rental income, or investment use, subject to applicable requirements.
The property is in Portland’s Portsmouth neighborhood, a couple of blocks from Columbia Park. East Side Deli, New Seasons Market’s University Park store, the University of Portland, and shops and restaurants in St. Johns are also nearby. The configuration supports multigenerational living, owner occupancy with potential supplemental rental income, or investment use, subject to applicable requirements.
Key Highlights
- Three‑bedroom main residence plus permitted attached two‑bedroom ADU
- 2,137 square feet; built in 2026
- Separate entrances, kitchens, and laundry areas for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,780
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,600
$595.6K
Cap Rate 7%
$425,429
$425.4K
Cap Rate 9%
$330,889
$330.9K
Market Conditions
NOI Build-Up for 2,137 SF
Gross rent
$44.9K $21.00/SF
− Vacancy
−$2.3K −$1.09/SF
EGI
$42.5K $19.91/SF
− OpEx
−$12.8K −$5.97/SF
NOI
$29.8K $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%
$595,600
Cap Rate 7%
$425,429
Cap Rate 9%
$330,889
Alternative Uses
Best Use
Multifamily LT 5
$425.4K
$372.3K – $496.3K
NOI $29,780 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$392.0K
$343.0K – $457.3K
NOI $27,439 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$600.1K
$525.1K – $700.2K
NOI $42,009 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Explore this area
Business Placement
Demographics for 97203, OR
33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each have their own kitchen, laundry area, and entrance.
Where is this duplex located?
The property is located at 7605 N Woolsey AVE Portland, OR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Three‑bedroom main residence plus permitted attached two‑bedroom ADU; 2,137 square feet; built in 2026; Separate entrances, kitchens, and laundry areas for both residences
