9295 Sw HILL St, Portland, OR 97223

• 2,264 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 $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.

Listing Status:

Active

Date Added:

July 2, 2026

Data Last Updated:

August 6, 2026 at 6:41AM

Listing Office:

Works Real Estate : 503-714-7053

Listing Agent:

Mitchell Heiner : 503-702-6199

MLS ID:

270374659

Interior

• Basement: Crawl space
• A/C: Heat pumpMini split
• Heating: Heat pumpMini split

Exterior

• General: T 111 siding
• Parking: DrivewayGarageParking spaces: 2

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Washington

Lot

• Zoning: RES-DBURNHAM TRACTLOT PT 7ACRES 0.18R468121
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.