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Updated Quadplex with Decks
For Sale
$739,900

9330 SE GRANT St, Portland, OR 97216

MultiFamily, Portland, OR

Property Size3,496 SF
Lot Size0.20 Acres
Price / SF$211.64
Days on Market94

Property Features for 9330 SE GRANT St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 8, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
View Territorial
Elementary school Cherry Park
Middle school Floyd Light
High school David Douglas
Directions GPS 9330-9338 SE Grant St Portland
Subdivision _143
Standard status Active
APN R284191
Size 3,496 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description TEENEY PL, LOT 10&11 TL 5101
Tax Annual Amount 9458
Legal Description TEENEY PL, LOT 10&11 TL 5101

Amenities

in-unit washer/dryer

Building Details

Year built 1995
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: Knipe Realty ERA Powered
Listed By: Dineve Ramirez
Added: Jul 22 Changed: Oct 23 Last Checked: Oct 23 at 5:06AM
MLS# 183525684

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.

This 3496-square-foot quadplex, built in 1995, contains four matching residences with 2 bedrooms and 1 bathroom apiece. Every unit includes an in-unit washer and dryer. Three residences have received interior updates, including luxury vinyl plank flooring, new baseboards, and quartz countertops.

Exterior improvements include new siding, windows, roof, gutters, paint, doors, fencing, landscaping, and composition Trex decks. The property is fully occupied and sits on a 0.2-acre lot in Portland’s SE area, near bus lines and a MAX station. RM1 zoning applies.

Key Highlights

  • Four‑unit property totaling 3496 Square Feet
  • All residences have 2 bedrooms and 1 bathroom
  • In‑unit washers and dryers in every residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,719
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,380 $974.4K
Cap Rate 7%
$695,986 $696.0K
Cap Rate 9%
$541,322 $541.3K
Market Conditions
NOI Build-Up for 3,496 SF
Gross rent
$73.4K $21.00/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$69.6K $19.91/SF
− OpEx
−$20.9K −$5.97/SF
NOI
$48.7K $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%
$974,380
Cap Rate 7%
$695,986
Cap Rate 9%
$541,322

Alternative Uses

Best Use
Multifamily LT 5
$696.0K
$609.0K – $812.0K (±1% cap)
NOI $48,719 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$641.3K
$561.1K – $748.2K (±1% cap)
NOI $44,889 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$981.8K
$859.0K – $1.15M (±1% cap)
NOI $68,723 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four matching residences offer in-unit laundry, with three benefiting from interior renovations.
Where is this quadplex located?
The property is located at 9330 SE GRANT St Portland, OR.
What is the asking price?
The asking price for this property is $739,900.
What are key features of this property?
This property features: Four‑unit property totaling 3496 Square Feet; All residences have 2 bedrooms and 1 bathroom; In‑unit washers and dryers in every residence
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