Overview
Vernonia Portfolio of Occupied Duplexes
Built in 2024, this portfolio features three fully-occupied duplexes with large three-bedroom, two-bathroom units. Located near downtown Vernonia, these investment opportunities rarely appear on the market. Each unit features open floor plans with modern comforts, including hard surface countertops, flush mount sinks, stainless steel appliances, air conditioning, garages, decks, and dual heat sources. The property, totaling 9,840 square feet, is comprised of three tax lots, offering the opportunity to obtain residential financing for each duplex and providing a future exit strategy to sell the duplexes individually. The properties back to additional duplex lots, one currently under development and two additional vacant duplex parcels, which may also be available, offering potential expansion opportunities. Located near the heart of Vernonia, just two minutes from downtown, the portfolio offers convenient access to parks, trails, local retailers, and dining while maintaining a peaceful neighborhood setting. Downtown Vernonia provides grocery options, specialty shops, cafes, and locally owned restaurants. Nearby outdoor recreation includes Vernonia Lake, the Banks Vernonia State Trail (over 20 miles of multi-use trail), and numerous parks and forest lands offering year-round activities such as fishing, hiking, cycling, and equestrian use. Vernonia is characterized by its rural feel, natural beauty, and outdoor lifestyle, set among Douglas Fir forests, rolling hills, and waterways. Vernonia sits approximately 45 miles northwest of Portland, with direct access via Highway 47 and connecting highways, making it accessible for commuters, regional travelers, and visitors alike. The city features a walkable downtown core with locally owned retailers, grocery options, cafés, and restaurants that serve both residents and visitors.
