Renovated Four-Plex Residential
9330 SE GRANT St Portland, OR 97216
New
For Sale
$825,000
MULTI_FAMILY - Portland, OR
Property Size3,496 SF
Lot Size0.20 Acres
Price / SF$235.98
Days on Market2
Property Features for 9330 SE GRANT St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 5
- 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
Building Details
- Year built
- 1995
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition
Listing Agency:
Knipe Realty ERA Powered
(503) 445-7660
Listed By:
Dineve Ramirez
(503) 729-0065
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 23 at 4:06PM
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.
Investment Insights
Based on property information with market context.
This well-maintained four-plex includes extensive capital improvements such as new siding, windows, roof, gutters, paint, composition Trex decks, doors, fencing, and landscaping. Three of the four units have been renovated with luxury vinyl plank flooring, new baseboards, and quartz countertops. Each unit features an identical floor plan with 2 bedrooms and 1 bathroom, along with in-unit washers and dryers. The property is fully occupied.
The asset is zoned RM1 and is located in Southeast Portland near bus lines and the MAX station, supporting straightforward resident commuting.
With four identical residential layouts and consistent in-unit laundry, the property offers a clean, turn-ready configuration backed by a strong rental history and consistent demand, with tenants in place (do not disturb).
The asset is zoned RM1 and is located in Southeast Portland near bus lines and the MAX station, supporting straightforward resident commuting.
With four identical residential layouts and consistent in-unit laundry, the property offers a clean, turn-ready configuration backed by a strong rental history and consistent demand, with tenants in place (do not disturb).
Key Highlights
- 1995‑built 4‑plex with identical unit floor plans: 2 bedrooms and 1 bathroom per unit
- In‑unit washers and dryers in all units
- 3 of the 4 units feature renovations including luxury vinyl plank flooring, new baseboards, and quartz countertops
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 | $73.4k | $21.00 |
| − Vacancy | −$3.8k | −$1.09 |
| EGI | $69.6k | $19.91 |
| − OpEx | −$20.9k | −$5.97 |
| NOI | $48.7k | $13.94 |
3,496 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$696.0K
$609.0K – $812.0K
NOI $48,719 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$641.3K
$561.1K – $748.2K
NOI $44,889 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$981.8K
$859.0K – $1.15M
NOI $68,723 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained four-plex with updated exterior and unit renovations, featuring identical 2-bedroom layouts and in-unit washers and dryers.
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 $825,000.
What are key features of this property?
This property features: 1995‑built 4‑plex with identical unit floor plans: 2 bedrooms and 1 bathroom per unit; In‑unit washers and dryers in all units; 3 of the 4 units feature renovations including luxury vinyl plank flooring, new baseboards, and quartz countertops
