9628 SE HOLGATE BLVD LOT1&2, Portland, OR 97266

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$1,099,000

bedrooms

bathrooms

square feet

3,238

Acreage

0.19

Open Houses

year built

2020

Full Baths

Half Baths

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See related listing #742021713. This unique property includes a modern 2020 duplex (1,128 & 1,210 sq ft) and a charming 1912 single-family home (900 sq ft). Ideal for owner-occupants looking to offset their mortgage with rental income while growing equity. The duplex, constructed by contractor-owner, is thoughtfully set back from the street, providing privacy and a residential feel. Each unit offers light-filled living spaces, LVP flooring, stylish half-baths, and open kitchens with stainless appliances. Sliding glass doors from the dining areas lead to private, enclosed patios—ideal for entertaining or relaxing. Upstairs are two bedrooms, a full bath with shower, and laundry. The 1912 home has been well-maintained, featuring two bedrooms, one bath, hardwood floors, a dining room, galley kitchen with new sink and countertops, newer appliances, and a spacious laundry room with second entry. Updates on the house include a 2019 roof and 2015 furnace. Tenants enjoy off-street, assigned parking. See attached information for owner-occupied financing and more details on the units. This exceptional, well-maintained property offers a perfect blend of immediate cash flow and future growth potential. City of Portland approved building plans for a total of seven units, giving buyers the opportunity to expand and increase value. (See attached plans. Buyer to perform their own due diligence.) Located in a prime area with easy access to I-205, public transportation, schools, shopping, and parks. Please do not disturb tenants or enter the property without agent. No sign on property. Offers subject to interior inspection. CAP rate of 5.08.

Location
Subdivision	Lents
County	Multnomah
Elementary School	Lent
Middle School	Kellogg
High School	Franklin

Driving directions

Open houses

None scheduled.

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MLS number: 644905672

Listing agent: Susan Golden

Listing broker: Re/Max Equity Group (503) 670-3000

Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 16 2025 at 3:50 p.m. EDT

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