1070 Deer Island Rd - Multi-Family FOR SALE


Saint Helens, OR 97051
$485,000 USD
503-222-0282
1070 Deer Island Rd, Saint Helens, OR for Sale
$485,000 USD
Multi-Family - FOR SALE
1/24
null | 6.29% Cap Rate

1070 Deer Island Rd
Saint Helens, OR 97051


HIGHLIGHTS

  • Proven rental demand in a cupply-constrainted market
  • Live in one, rent the other - A built-in House Hack
  • Walkable, self-contained coummunity with strong local infrastructure

OVERVIEW

Two homes, one lot — and one of the best entry-point investments in Columbia County. This St. Helens duplex offers a 2BR/1BA front unit (832 SF) currently leased through September 2026 at $1,750/month, plus a 2BR/1BA rear unit (720 SF) with its own private access from N 10th Street — vacant and ready for an owner-occupant or immediate re-lease at market rate. Combined rents at stabilization top $3,500/month. Both units are all-electric with public water and sewer, and the property has a track record of strong occupancy and consistent rent growth. Whether you're a first-time investor looking to house-hack, or a portfolio buyer adding proven cash flow in a Portland-adjacent market, this one checks the boxes. Conveniently located off Hwy 30, 30 minutes from Portland.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

2

PRICE/UNIT

$242,500

CAP RATE

6.29%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deer Island Duplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,229 SF

ZONING

SH:AR

APN/PARCEL ID

5133-DB-00704

ASK ABOUT THIS PROPERTY

Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.