816-896 West E St, Vernonia, OR 97064
Portfolio of three fully-occupied duplexes near downtown Vernonia.
- Added:
- Feb 19, 2026
- Days on Market:
- 85
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 816-896 West E St
General Information
- Standard status
- Active
- Size
- 9,840 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing agent Jordan Carter License #OR 200606025
Listing office Kidder Mathews Portland
Listing date Feb 19, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Portland
HighLights
- Rare investment opportunity: Portfolio of three fully‑occupied duplexes in Vernonia.
- New construction: Built in 2024, offering modern amenities.
- Individual financing potential: Comprised of three tax lots, allowing for residential financing.
- Strong rental demand: Vernonia has a limited supply of rental properties.
- Desirable features: Each unit includes three bedrooms, two bathrooms, open floor plans, modern finishes, stainless steel appliances, air conditioning, garages, and decks.
- Prime location: Close to downtown Vernonia, parks, trails, and outdoor recreation.
Overview
Financial Insights
Value Estimation Calculated for Multifamily LT 5
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.4k | $22.20 |
| − Vacancy | −$13.5k | −$1.37 |
| EGI | $205.0k | $20.83 |
| − OpEx | −$61.5k | −$6.25 |
| NOI | $143.5k | $14.58 |
Alternative Use Scenarios
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vernonia
- County
- Columbia
- State
- Oregon
- Longitude
- -123.188485
- Latitude
- 45.86502