921 SE MALL St Portland, OR 97202
MULTI_FAMILY - Portland, OR
Property Features for 921 SE MALL St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- R271289
- Size
- 2,621 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- SLEES ADD, BLOCK 3, E 48' OF LOT 9, POTENTIAL ADDITIONAL TAX
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 2
Listing agent Valerie Hunter License #200110149 (541) 419-7253
Listing office H & H Preferred Real Estate 13551 SE 145th Ave, HAPPY VALLEY, OR (971) 221-3109
Listing date Jun 25, 2026
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.
Investment Insights
Based on property information with market context.
Located in Portland, Oregon with an R5 zoning designation, the address is 921 SE MALL St. The seller notes the property is approximately a 10-minute drive to Downtown Portland and highlights a very walkable and very bikeable neighborhood with access to local amenities and transit.
The lot size is listed as 0.11 acres and the property size is listed as 2,621 square feet. Buyer to verify all information.
Key Highlights
- Updated duplex built in 1914 with Forced Air heating
- Owner‑occupant setup: live in one unit and rent the other to offset mortgage (buyer to verify unit details)
- Refinished hardwood floors and freshly painted interiors, including the basement
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.2k | $22.20 |
| − Vacancy | −$3.8k | −$1.44 |
| EGI | $54.4k | $20.76 |
| − OpEx | −$16.3k | −$6.23 |
| NOI | $38.1k | $14.53 |
