18
See all 18 photos
Listed by Works Real Estate • mitch.heiner@worksrealestate.co
$735,000
Est. payment /mo
2,264 SqFt
New
9295 SW HILL ST Portland, OR 97223
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,264 sqft
Price per Sqft $324
MLS Listing ID 270374659
Year Built 1989
Annual Tax Amount $5,165
Tax Year 2025
Lot Size 7,840 Sqft
Property 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 $4,585, producing an estimated NOI of $50,615 and an estimated 6.89% 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.
Location
State OR
County Washington
Area _151
Zoning RES-D
Rooms
Basement Crawl Space
Interior
Heating Heat Pump, Mini Split
Cooling Heat Pump, Mini Split
Exterior
Garage Spaces 2.0
Waterfront Description Creek
View Creek Stream
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Public Road, Stream, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Templeton
Middle Schools Twality
High Schools Tigard
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET IN TOUCH
Follow Us