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1630 1632 NE 81ST AVE

Portland, OR 97213
Square Ft.
1,560
Active
Multifamily
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$530,000
Well-maintained Midcentury Portland duplex offering strong income potential in an accessible location. Each unit features a functional 2-bedroom, 1-bath layout with hardwood flooring, private entrances, and dedicated 1-car garages for each tenant—a rare and highly desirable amenity. Tucked just off the main road and positioned between major highways, the property… Read MoreRead Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
76
Last Updated
Square Ft.
1,560
Year Built
1962
MLS Number
367766566
30 Days Snapshot Of 97213
$624k
+1%
(avg) sold price
38
+11%
homes sold
54
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 1560, Built in 1962, Storage: Garage, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 7367, Operating Expense: $7,367
Exterior Features
Exterior Description: Cedar
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 2
Heating
Heating: Zoned
Income
CAP Rate: 4.5, Gross Income: $25,365, Gross Rent Multiplier: 20.89, Gross Scheduled Income: $41,880, Net Operating Income: $23,848, Net Scheduled Income: 39963
Lot
Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: ProfitLossStatement
Parking
Features: Driveway, Garage, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: RM1
Roof
Roof: Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,449, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,645, Area: 780, Features: HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,695, Area: 780, Features: HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Water Source: PublicWater
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Jamie Meushaw
Real Estate Professional
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Schools In The Area

Check out nearby schools with ratings and contact info.
Jason Lee Elementary School 503-916-6144 Public EE-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Jason Lee Elementary School 503-916-6144 Public EE-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.