9295 SW HILL ST, Portland, OR 97223

  • $735,000

Overview

  • 2.0
    Car Garage
  • 2264 Sqft
    Property Size
  • 1989
    Year Built
  • MultiFamily
    Property Type
  • 270374659
    MLS#
  • 0.18 Acres
    Land Area
  • Works Real Estate
    Office Name
  • Mitchell Heiner
    Agent Name

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
  • Price $735,000
  • Property Size 2264 Sqft
  • Land Area 0.18 Acres
  • Car Garage 2.0
  • Garage Size x x
  • Year Built 1989
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Works Real Estate
  • Agent Name Mitchell Heiner
  • Office Phone 503-714-7053

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Heat Pump, Mini Split
  • Heating Heat Pump, Mini Split
  • County Washington
  • Property Type MultiFamily
  • Parking Driveway, Garage
  • Elementary School Templeton
  • Middle School Twality
  • High School Tigard
  • Waterfront Creek

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