Sunnyside Duplex with Rental
804 Southeast 35th Avenue, Portland, OR 97214
Charming, restored duplex in Sunnyside with income potential.
Type:Multi Family
Property size:
2,520 SFPrice / SF:
$250/SF- Added:
- Feb 17, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 13 at 9:27 am
Property Features for 804 Southeast 35th Avenue
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing agent Fangfei Yang License #22012295 (971) 276-3405
Listing office Washington First Properties (971) 276-3405
Listing date Feb 17, 2026
Source Compass
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 Washington First Properties
HighLights
- Extensively Restored in 2024: New roof, porch, flooring, plumbing, and paint (interior/exterior).
- Duplex: Live in one unit and rent the other for equity, or convert to a single‑family home.
- High Walk Score (94) and Bike Score (100): Close to parks, restaurants, coffee shops, and grocery stores.
- Upper Unit: Profitable rental history with designer light fixtures, remodeled bathroom, and private deck.
- Main Level Unit: Clean, timeless space ready for customization.
- Basement: Shared laundry, ample storage, and exterior access.
Overview
This charming four-square duplex is located in the heart of Sunnyside. Each unit features a spacious one bedroom and one bathroom, complemented by high ceilings and a thoughtful floor plan. The property has undergone extensive restoration in 2024, including a new roof, front porch, flooring, plumbing, and both exterior and interior paint. The main level unit presents a clean and timeless blank space, ready for customization. The upper unit has a history of being a profitable rental, featuring designer light fixtures, a remodeled bathroom, and a private deck. Shared laundry facilities and ample storage are available in the basement, which also has an exterior door to the street. A private driveway is located at the back of the house. The property offers the flexibility to live in one unit and rent out the other to build equity, or to convert it back into a single-family home. With a Walk Score of 94 and a Bike Score of 100, the location is just minutes from Laurelhurst Park, restaurants, coffee shops, a movie theater, and grocery stores, including Stumptown Coffee Shop, H-Mart, Avalon Theater, Old Pal, New York Pizza, Norah Belmont, Bluto's, and Slappy Cakes. The property size is 2520 square feet.
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 | $52.9k | $21.00 |
| − Vacancy | −$2.8k | −$1.09 |
| EGI | $50.2k | $19.91 |
| − OpEx | −$15.1k | −$5.97 |
| NOI | $35.1k | $13.94 |
2,520 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.7K
$439.0K – $585.3K
NOI $35,118 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$462.2K
$404.5K – $539.3K
NOI $32,357 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$707.7K
$619.2K – $825.6K
NOI $49,537 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6279632
- Latitude
- 45.5170092
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Charming, restored duplex in Sunnyside with income potential.
Where is this duplex located?
The property is located at 804 Southeast 35th Avenue Portland, OR.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Extensively Restored in 2024: New roof, porch, flooring, plumbing, and paint (interior/exterior).; Duplex: Live in one unit and rent the other for equity, or convert to a single‑family home.; High Walk Score (94) and Bike Score (100): Close to parks, restaurants, coffee shops, and grocery stores.
