9295 SW HILL ST, Portland, OR 97223
- $735,000
9295 SW HILL ST, Portland, OR 97223
- $735,000
Overview
- 2.0
- 2264 Sqft
- 1989
- MultiFamily
- 270374659
- 0.18 Acres
- Works Real Estate
- Mitchell Heiner
Description
Investor-focused Tigard duplex listed at $735,000 with both units leased at $2,300/month. Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $5,165, producing an estimated NOI of $50,035 and an estimated 6.81% cap rate at list price. GRM is approximately 13.32. Each unit offers approximately 1,132 square feet with 3 bedrooms, 1.5 bathrooms, air conditioning, deck, dishwasher, washer/dryer, and functional two-level layouts. Both units have been updated in recent years with new carpet downstairs and vinyl flooring on the main level. Bedrooms and full bathrooms are located on the lower level, while each unit features a private back deck overlooking Fanno Creek, mature trees, and natural surroundings.Tenants are responsible for utilities, supporting cleaner expense management for the owner. A strong long-term hold opportunity with immediate income, tenant occupancy in place, updated interiors, and a desirable Tigard location.
Details
Updated on July 31, 2026 at 7:12 am-
MLS# 270374659
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Price $735,000
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Property Size 2264 Sqft
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Land Area 0.18 Acres
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Car Garage 2.0
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Garage Size x x
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Year Built 1989
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Property Type MultiFamily
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Property Status Active
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Office Name Works Real Estate
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Agent Name Mitchell Heiner
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Office Phone 503-714-7053
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Sewer Public Sewer
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Cooling Heat Pump, Mini Split
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Heating Heat Pump, Mini Split
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County Washington
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Property Type MultiFamily
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Parking Driveway, Garage
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Elementary School Templeton
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Middle School Twality
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High School Tigard
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Waterfront Creek
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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