Four-Unit Quadplex with Garage
8826 SE LAFAYETTE St, Portland, OR 97266
For Sale
$995,000
MultiFamily, Portland, OR
Property Size4,160 SF
Lot Size0.20 Acres
Price / SF$239.18
Days on Market101
Property Features for 8826 SE LAFAYETTE St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Oregon First
(503) 667-5686
Listed By:
Amy Liu · License OR #201239122
(503) 317-3522
Added: Aug 6
Changed: Oct 30
Last Checked: Nov 14 at 1:06AM
MLS# 430851624
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This R1-zoned quadplex contains four residential units within a 4,160-square-foot property built in 1996. The improvements include attached garage storage and paved off-street parking, providing practical support for residents and on-site operations. The property occupies 0.2 acres and is offered for sale.
Located at 8826 SE LAFAYETTE St in Portland, the property provides access to I-205 and local bus routes. Shopping, dining, and parks are also nearby. Interior inspections of the units are subject to an accepted offer, and the listing requests that tenants not be disturbed.
Located at 8826 SE LAFAYETTE St in Portland, the property provides access to I-205 and local bus routes. Shopping, dining, and parks are also nearby. Interior inspections of the units are subject to an accepted offer, and the listing requests that tenants not be disturbed.
Key Highlights
- Four residential units in a quadplex configuration
- 4,160 square feet on 0.2 acres
- Built in 1996
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,972
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,440
$1.2M
Cap Rate 7%
$828,171
$828.2K
Cap Rate 9%
$644,133
$644.1K
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$87.4K $21.00/SF
− Vacancy
−$4.5K −$1.09/SF
EGI
$82.8K $19.91/SF
− OpEx
−$24.8K −$5.97/SF
NOI
$58.0K $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%
$1,159,440
Cap Rate 7%
$828,171
Cap Rate 9%
$644,133
Alternative Uses
Best Use
Multifamily LT 5
$828.2K
$724.7K – $966.2K
NOI $57,972 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$763.1K
$667.7K – $890.2K
NOI $53,414 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,776 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
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
$420,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Portland, OR
Properties on Market for Quadplexes in Portland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - R1-zoned multifamily property with paved parking and attached garage storage.
Where is this quadplex located?
The property is located at 8826 SE LAFAYETTE St Portland, OR.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four residential units in a quadplex configuration; 4,160 square feet on 0.2 acres; Built in 1996
