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1118 SE 45TH AVE

Portland, OR 97215
Square Ft.
2,000
Active
Multifamily
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Property Photo
Property Photo
Property Photo
$659,000
Beautiful 70's style duplex, originally owned by the owner in the desirable Hawthorne neighborhood. First time on the market! A rare opportunity to own an income-producing Duplex in Portland's most sought-after neighborhoods. Brand new roof installed in January 2026. Each unit features 2 bedrooms, 1/1/2 baths, a fireplace, and vintage… Read MoreRead Less
Listing courtesy of RealtyNET, LLC.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
2,000
Lot Size
0.13 Acres
Year Built
1975
MLS Number
380414092
30 Days Snapshot Of 97215
$532k
-21%
(avg) sold price
5
-61%
homes sold
98
+345%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Stories: 1, Building Area Total: 2000, Built in 1975, Storage: Locked, Unit Type Type: UnitTypeType1, UnitTypeType2
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Community
Community Features: FrontYardLandscaping
Cooling
Cooling: WindowUnit
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 6200, Operating Expense: $6,200
Exterior Features
Exterior Description: Aluminum
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard
Income
CAP Rate: 6.37, Gross Income: $48,000, Gross Rent Multiplier: 13.73, Gross Scheduled Income: $48,000, Net Operating Income: $42,000, Net Scheduled Income: 42000
Lot
Features: Level, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, RentRecords, UtilityRecordsAvailable
Parking
Features: Driveway, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition
Security Features
Features: None
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,085, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,035, Area: 1000, Features: Dishwasher, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,875, Area: 1000, Features: Dishwasher, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Tank, Internet Service Type: Cable, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Glencoe Elementary School 503-916-6207 Public KG-5
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
Franklin High School 503-916-5140 Public 9-12

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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.