Two-Unit Duplex with Separate
8164 SE 52ND Ave, Portland, OR 97206
For Sale
New
$599,000
MultiFamily, Portland, OR
Property Size2,640 SF
Lot Size0.13 Acres
Price / SF$226.89
Days on Market2
Property Features for 8164 SE 52ND Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Roof type
Buildings
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
Carissa Ferro
(503) 307-6675
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 9:06PM
MLS# 777526809
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.
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Investment Insights
Based on property information with market context.
This 1951 duplex contains 2,640 square feet across two residences, each measuring approximately 1,300 square feet. Both units have three bedrooms and one bathroom, with separate laundry and storage. The upper residence features hardwood flooring, coved ceilings, a fireplace and large windows; the lower unit has updated interiors with tile flooring. Zoned and forced-air heating serve the property, which sits on a 0.13-acre lot.
The duplex is directly across from Errol Heights Park. Shopping, dining and public transportation are nearby, with connections via SE Woodstock Boulevard, SE 82nd Avenue and SE King Road. A private driveway offers off-street parking.
The duplex is directly across from Errol Heights Park. Shopping, dining and public transportation are nearby, with connections via SE Woodstock Boulevard, SE 82nd Avenue and SE King Road. A private driveway offers off-street parking.
Key Highlights
- Two units, each with 3 bedrooms, 1 bathroom, separate laundry and storage
- 2,640 square feet of combined living space on a 0.13‑acre lot
- Upper unit includes hardwood floors, coved ceilings, a fireplace and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,769
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,380
$775.4K
Cap Rate 7%
$553,843
$553.8K
Cap Rate 9%
$430,767
$430.8K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$58.6K $22.20/SF
− Vacancy
−$3.2K −$1.22/SF
EGI
$55.4K $20.98/SF
− OpEx
−$16.6K −$6.29/SF
NOI
$38.8K $14.69/SF
Area
ZIP 97206
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,380
Cap Rate 7%
$553,843
Cap Rate 9%
$430,767
Alternative Uses
Best Use
Multifamily LT 5
$553.8K
$484.6K – $646.2K
NOI $38,769 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$496.6K
$434.5K – $579.4K
NOI $34,761 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$741.4K
$648.7K – $864.9K
NOI $51,896 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
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Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Portland, OR
Properties on Market for Duplexes in Portland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences provide distinct living spaces, each with its own laundry and storage.
Where is this duplex located?
The property is located at 8164 SE 52ND Ave Portland, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms, 1 bathroom, separate laundry and storage; 2,640 square feet of combined living space on a 0.13‑acre lot; Upper unit includes hardwood floors, coved ceilings, a fireplace and large windows
