2019 Duplex with
8780 SE Flavel St, Portland, OR 97266
For Sale
$599,900
Flexible legal duplex with separate living areas, private balconies, and a large garage for parking and storage.
Property Size2,678 SF
Price / SF$224.01
Days on Market50
Property Features for 8780 SE Flavel St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Keller Williams Sunset Corridor
Listed By:
Rhonda Riley
(919) 316-9922
Source:
Christiesrealestateevg
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 7 at 3:06PM
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 Keller Williams Sunset Corridor
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Investment Insights
Based on property information with market context.
Completed in 2019, this legal duplex at 8780 SE Flavel St includes approximately 2,678 square feet across a main dwelling and a separate studio. The main residence is arranged as East and West living areas, each offering a private entrance, kitchen, one conforming bedroom, and a substantial flex room. A shared laundry area serves both spaces, while separate temperature controls support independent use. The second legal dwelling is an approximately 322-square-foot studio.
Interior features include nine-foot ceilings, engineered hardwood flooring, granite countertops, stainless steel appliances, and abundant natural light. Two private balconies expand the larger living areas. An approximately 1,000-square-foot garage provides parking and storage, supplemented by additional off-street and RV parking. The configuration supports multigenerational living, owner occupancy with rental income, or continued use as an income-producing property. The East living area is vacant, while the West area and studio are leased. 2025 financials and lease information are available.
Interior features include nine-foot ceilings, engineered hardwood flooring, granite countertops, stainless steel appliances, and abundant natural light. Two private balconies expand the larger living areas. An approximately 1,000-square-foot garage provides parking and storage, supplemented by additional off-street and RV parking. The configuration supports multigenerational living, owner occupancy with rental income, or continued use as an income-producing property. The East living area is vacant, while the West area and studio are leased. 2025 financials and lease information are available.
Key Highlights
- 2019‑built legal duplex with approximately 2,678 square feet
- Main dwelling divided into separate East and West living areas
- Approximately 322‑square‑foot studio is the second legal dwelling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,320
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,400
$746.4K
Cap Rate 7%
$533,143
$533.1K
Cap Rate 9%
$414,667
$414.7K
Market Conditions
NOI Build-Up for 2,678 SF
Gross rent
$56.2K $21.00/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$53.3K $19.91/SF
− OpEx
−$16.0K −$5.97/SF
NOI
$37.3K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,400
Cap Rate 7%
$533,143
Cap Rate 9%
$414,667
Alternative Uses
Best Use
Multifamily LT 5
$533.1K
$466.5K – $622.0K
NOI $37,320 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$491.2K
$429.8K – $573.1K
NOI $34,385 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$752.0K
$658.0K – $877.4K
NOI $52,643 @ 7.0% cap · market cap 8.78%
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
569
Businesses Nearby
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Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
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Market
Average Price Trend$/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 - Flexible legal duplex with separate living areas, private balconies, and a large garage for parking and storage.
Where is this duplex located?
The property is located at 8780 SE Flavel St Portland, OR.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2019‑built legal duplex with approximately 2,678 square feet; Main dwelling divided into separate East and West living areas; Approximately 322‑square‑foot studio is the second legal dwelling
