We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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 as well, 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.  

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About us

Your Portland Duplex Team

Introducing Brian Porter & Brian Spear - your best friends in buying or selling your multi-family home.

Brian and Brian have been selling duplexes and multi-family homes for 15 years.  These types of properties are quite a bit different from selling single family homes, in that they deal with a lot more landlord and tenant issues. That's where we come in - let us put our unique skill set to work for you!

We also offer free staging services and professional photography to our listing clients (quantities of staging furniture are limited).  

More about us

Market Analysis

January 2023 Market Update

Lack of activity and high interest rates headline real estate news.  

Portland real estate ended 2022 with a thud.  New listings were off 33%, pending sales off 38% and closed sales off a whopping 43% compared to the same time last year.  December brought only 1,464 closed sales in the Portland-Metro area.  We have to go back to 2011 to find this dismal amount of volume.  Surprisingly, overall inventory notched 12% lower to 2.3 Months.  The reason is the decelerating number of new listings.  The dog’s not that hungry, but there’s very little food to eat.

Prices have yet to succumb to the lack of volume.  Sellers are not desperate, while buyers don’t feel the urgency to jump in – the bid versus ask margin is growing.  With that said, prices in the Portland-Metro area are off 13% from their May, 2022 highs. (Average Sale price was $649,600 compared to current $566,700 for Portland-Metro.)


New listings decreased 32.9% compared to December of last year.

Pending sales decreased 37.9% compared to December of last year.

Closed sales decreased 43.3% compared to December of last year.

Inventory increased to 2.3 Months compared to 0.6 Months this time last year.

Average Average sale price in Portland Metro decreased 2.8% over the past year.  Average sale price in December of 2022 was $566,700 and in December of 2021 it was $582,900.

Updated 01/18/2023

 

 

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