Fully rented duplex with development potential. 2 bedroom, 1 bath units with paved parking in desirable Hillsdale neighborhood. Three adjacent duplexes also for sale. All 4 properties can be bought together. Buyer to verify schools, utilities, zoning, etc. Short sale. Owner is licensed real estate agent in Oregon.
Multi-familyProperty Type
1973Year Built
2 spacesParking
Listed by Dominic Hernandez• Meadows Group Inc., Realtors
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1973
Sq. Ft.
1,560
Year built
1973
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R539684
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM2
D
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jan 17, 2025 • Final
Plumbing
Install a new water main from the meter to the building.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Paved
Parking Total: 2
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Individual Storage Units
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 2
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Actual Rent: $700
Area: 780
Baths Total: 1
Beds Total: 2
Features: Range
Units Total: 1
Unit Type 2 Information
Actual Rent: $730
Area: 780
BathsTotal: 1
Beds Total: 2
Features: Range
Units Total: 1
Exterior
Exterior Features
Exterior Description: Wood Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Sloped
Parcel Number: R539684
Property Information
Property Type: Multi Family
Property Attached YN: No
View YN: No
Building Information
Year Built: 1973
Financial
Tax Information
Tax Legal Description: BERTHA, BLOCK 6, LOT 12
Tax Annual Amount: $2,453.54
Rent Information
Rent Includes: Trash Collection, Water
Lease / Rent Information
CAP Rate: 8.65
Gross Rent Multiplier: 9.94
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Location
Location Information
Directions: Capitol HWY; South on 19th Ave; 1 block to driveway
Unparsed Address: 1942 SW NEBRASKA ST, Portland, OR 97239
Community Information
Zoning: R1
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,560
Stories: 1.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1973
Year Renovated: 1973
County: Multnomah County
APN: R539684
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Rieke Elementary School
Public K-5 • Assigned • 0.2mi
10/10
Gray Middle School
Public 6-8 • Assigned • 0.4mi
8/10
Ida B. Wells-Barnett High School
Public 9-12 • Assigned • 0.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97239
Average low and high temperatures (°F)
47
37
49
38
56
43
64
45
70
50
77
54
83
59
82
61
75
58
61
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.