Duplex with Fenced
For Sale
$265,000
820 Sw 14th St, Pendleton, OR 97801
Two occupied residences each include in-unit laundry and off-street parking.
Property Size2,310 SF
Price / SF$114.72
Days on Market9
Property Features for 820 Sw 14th St
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit laundry
fenced yards
off-street parking
deck
additional storage space
Building Details
Year Built
1980
Tenancy
Multi
Listing Agency:
Hearthstone Real Estate
Listed By:
Blake Franklin
(541) 344-5958
Source:
Portlandorhomelistings
Added: Oct 8
Changed: Oct 15
Last Checked: Oct 14 at 11:08PM
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 Hearthstone Real Estate
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Investment Insights
Based on property information with market context.
This 2,310-square-foot duplex, built in 1980, contains two 2-bedroom, 1-bathroom units. Each residence has a living area, kitchen, in-unit laundry, and a fenced yard. The front unit also includes a deck and additional storage space.
Both units are currently rented and have off-street parking. The seller is prepared to install a new roof with an acceptable offer, with the buyer selecting the shingle color.
Both units are currently rented and have off-street parking. The seller is prepared to install a new roof with an acceptable offer, with the buyer selecting the shingle color.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 2,310‑square‑foot duplex built in 1980
- Both units are rented and have fenced yards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,769
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,380
$215.4K
Cap Rate 7%
$153,843
$153.8K
Cap Rate 9%
$119,656
$119.7K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$16.6K $7.20/SF
− Vacancy
−$1.2K −$0.54/SF
EGI
$15.4K $6.66/SF
− OpEx
−$4.6K −$2.00/SF
NOI
$10.8K $4.66/SF
Area
Umatilla County, OR
Vacancy
7.50%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,380
Cap Rate 7%
$153,843
Cap Rate 9%
$119,656
Alternative Uses
Best Use
Multifamily LT 5
$153.8K
$134.6K – $179.5K
NOI $10,769 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$141.8K
$124.1K – $165.4K
NOI $9,925 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$483.6K
$423.1K – $564.2K
NOI $33,849 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 97801, OR
21,882
Population
9,033
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
92%
High-School Grad
496.2 sq mi
ZIP Area
44
Density / Sq Mi
$73,308
Median Household Income
$38,719
Median Earnings
$924
Median Rent
$277,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences each include in-unit laundry and off-street parking.
Where is this duplex located?
The property is located at 820 Sw 14th St Pendleton, OR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 2,310‑square‑foot duplex built in 1980; Both units are rented and have fenced yards
