9295 SW Hill St, Portland, OR 97223
Local realty services provided by:ERA Freeman & Associates, Realtors
Listed by: mitchell heiner
Office: works real estate503-714-7053
MLS#:270374659
Source:PORTLAND
Price summary
- Price:$719,900
- Price per sq. ft.:$317.98
About this home
Investor-focused Tigard duplex listed at $719,900 with both units leased at $2,300/month each ($4,600 total). Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $9,165, producing an estimated NOI of $46,035 and an estimated 6.39% cap rate at list price. GRM is approximately 13.04. 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.
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Home facts
- Year built:1989
- Listing ID #:270374659
- Added:94 day(s) ago
- Updated:October 05, 2026 at 11:29 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:2,264 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump, Mini Split
Structure and exterior
- Roof:Composition
- Year built:1989
- Building area:2,264 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Gentle Sloping, Public Road, Stream, Trees
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Tigard
- Middle school:Twality
- Elementary school:Templeton
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$719,900
- Price per sq. ft.:$317.98
- Tax amount:$5,165 (2025)
Parking
- Total parking spaces:2
- Parking description:Driveway, Garage
- Garage spaces:2
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