Building Details

Year Built 1975

Listing Agency: Oregon First

Listed By: Joann Horner Show Phone

Source: Rosecityrealtygroup

Added: Jul 28 Changed: Oct 7 Last Checked: Oct 12 at 10:53PM

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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 Oregon First

Investment Insights

Based on property information with market context.

This 3,886-square-foot quadplex, built in 1975, contains four occupied units with a single-car garage assigned to each unit and additional small storage space. Property improvements completed as needed during the last 5 years include siding, gutters, carpeting, and appliances.

The property is located at 9001 SE Clackamas Rd in Clackamas County, with access to I-205 and Highway 212. Current operating metrics include a projected 7.9% cap rate and a 10.96 gross multiplier. Tenant access should be coordinated in advance.

Key Highlights

• Four‑unit quadplex with all units occupied
• 3,886 SF building constructed in 1975
• Single‑car garage for each unit, plus small storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$49,896

Cap Rate

4.75%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$997,920 $997.9K

Cap Rate 7%

$712,800 $712.8K

Cap Rate 9%

$554,400 $554.4K

Market Conditions

NOI Build-Up for 3,886 SF

Gross rent

$95.6K $24.60/SF

− Vacancy

−$4.9K −$1.25/SF

EGI

$90.7K $23.35/SF

− OpEx

−$40.8K −$10.51/SF

NOI

$49.9K $12.84/SF

Area

Clackamas County, OR

Vacancy

5.10%

Lease Rate

$24.60 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$997,920

Cap Rate 7%

$712,800

Cap Rate 9%

$554,400

Alternative Uses

Best Use

Apartment 5plus

$712.8K

$623.7K – $831.6K (±1% cap)

NOI $49,896 @ 7.0% cap · market cap 4.75%

Second Best

Multifamily LT 5

$697.3K

$610.2K – $813.5K (±1% cap)

NOI $48,812 @ 7.0% cap · market cap 4.65%

Theoretical Best

Office A

$1.05M

$917.8K – $1.22M (±1% cap)

NOI $73,425 @ 7.0% cap · market cap 6.99%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Real Estate Agency Law Firm Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

842

Businesses Nearby

Explore this area Business Placement

Demographics for 97015, OR

23,265

Population

9,420

Households

2.5

Avg Household Size

37

Median Age

31%

College-Educated

92%

High-School Grad

8.8 sq mi

ZIP Area

2,644

Density / Sq Mi

$82,865

Median Household Income

$48,808

Median Earnings

$1,778

Median Rent

$491,300

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Four occupied units include single-car garages and additional storage space.

Where is this quadplex located?

The property is located at 9001 SE Clackamas Rd Clackamas, OR.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: Four‑unit quadplex with all units occupied; 3,886 SF building constructed in 1975; Single‑car garage for each unit, plus small storage space