Selling Portland Duplexes since 2003
Our team specializes in Selling Portland Duplexes, Triplexes, 4 plexes and apartment buildings in the Portland, but we also sell Real Estate and duplexes in Beaverton, Hillsboro, Gresham, Happy Valley, Milwaukie, Vancouver and other parts of the Portland Metro Area.
We are active in the multi-family market, and if your are looking for a Portland Duplex, please give us a call. 503-810-2219. Sometimes we have coming soon listings that we can share with you. We also operate the website www.brianporter.com for buyers and sellers of portland duplexes.
We work with both buyers and sellers, and we have a great team to assist you in your purchase or sale of Portland Real Estate.
The duplex market has been evolving over the past few years. Duplexes are not as much of an investment vehicle as in the past. Most of our recent duplex sales have gone to owner occupants. The buyer ends up living in one unit and renting out the other. It is common for owner occupant duplex buyers to keep the property as an investment after they move out. Due to higher interest rates, many buyers are looking for a way to lower their housing costs, and one way to do this is by getting passive income from the adjacent unit.
The difference between the price of an occupied duplex and a vacant duplex is striking. We have been selling vacant and semi-vacant duplexes at exceptional prices, but occupied duplexes, even in the nicest neighborhoods are not selling. My own personal experience has shown that duplexes with a vacant unit are selling for 5 to 10% more than the fully occupied duplex.
If you are a landlord, it definitely makes sense to put your duplex on the market when you have a turnover of an apartement. Give us a call. We have buyers who are looking for vancant duplexes. If you are a buyer, consider this... if you buy a fully occupied duplex, you will be able to buy it a significatly lower price. If you want to occupy the one of the units, there are several ways to acheive this objective in a manner that is fair and equitable with your tenants.
