Duplex with
8780 SE FLAVEL St, Portland, OR 97266
For Sale
$599,900
MultiFamily, Portland, OR
Property Size2,678 SF
Lot Size0.13 Acres
Price / SF$224.01
Days on Market51
Property Features for 8780 SE FLAVEL St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
View
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
nine foot ceilings
engineered hardwood floors
granite countertops
stainless steel appliances
abundant natural light
two private balconies
separate temperature controls
shared laundry
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
Keller Williams Sunset Corridor · Keller Williams Realty
(503) 270-5700
Listed By:
Rhonda Riley
(919) 316-9922
Added: Sep 17
Changed: Nov 6
Last Checked: Nov 6 at 8:06PM
MLS# 701846055
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.
Built in 2019, this RM1-zoned duplex property includes a main dwelling arranged as east and west living areas, plus a studio. The approximately 2,000-square-foot main dwelling has a kitchen and one conforming bedroom in each area, along with a large flex space; the areas share laundry. The approximately 322-square-foot studio is a separate dwelling. Interior features include nine-foot ceilings, engineered hardwood floors, granite countertops, stainless steel appliances, natural light and two private balconies. Separate temperature controls serve the larger living areas.
An approximately 1,000-square-foot garage offers parking and storage, with additional off-street and RV parking. The east living area is vacant, while the west area is rented month-to-month and the studio is leased. The property occupies 0.13 acres in Portland.
An approximately 1,000-square-foot garage offers parking and storage, with additional off-street and RV parking. The east living area is vacant, while the west area is rented month-to-month and the studio is leased. The property occupies 0.13 acres in Portland.
Key Highlights
- 2,678 square feet of property size
- Built in 2019; RM1 zoning
- Main dwelling of approximately 2,000 square feet with separate east and west living areas
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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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 - Separate entrances and kitchens serve the main dwelling’s east and west living areas.
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: 2,678 square feet of property size; Built in 2019; RM1 zoning; Main dwelling of approximately 2,000 square feet with separate east and west living areas
