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Barberry Duplex 1833 NE Barberry Dr 2 Unit Apartment Building $650,000 ($325,000/Unit) 6.15% Cap Rate Hillsboro, OR 97124



Investment Highlights
- New thirty year roof and gutters
- Attached one car garages and off street parking
- Each unit has a fenced backyard and patio area
- New exterior paint, carpet,and vapor barrier,new fixtures and lighting
Executive Summary
Side by side duplex in Hillsboro.Brand new 30 year composite shingle roof with 10 year labor warranty (transferable). New gutters all around, new interior and exterior paint,new carpet,new fixtures and lighting. Clean vapor barrier under both units.Each unit is three bedroom and two full bathrooms. Each unit has it's own attached garage as well as an interior washer and dryer area. Plenty of parking in driveway as as well as street parking. Each side has a fully fenced backyard.Tenants pay their own water, sewer, electric and garbage. Quarterly HOA of $164. Each unit has its own seperate water and electric meter. Great for owner occupant or investor.1833 NE Barberry Dr offers an attractive investment opportunity in one of Hillsboro’s most stable and high-demand residential submarkets. This duplex is positioned within a highly accessible neighborhood near major employers, regional retail, parks, schools, and transit corridors, making it well suited for long-term tenant retention. Hillsboro is part of the thriving Silicon Forest, home to Intel and a growing roster of technology, manufacturing, and research firms, supporting strong rental fundamentals and consistent population growth. The property’s location provides convenient access to Evergreen Parkway, Highway 26, and major commercial centers, ensuring easy mobility for residents and maintaining desirability from an operational perspective. Both units are rented at $2,000 a month.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $650,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.15% | Building Size | 2,252 SF |
| Gross Rent Multiplier | 13.54 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1975/2026 |
| Property Subtype | Apartment | ||
| Zoning | Duplex - Duplex (2 Units) | ||
| Price | $650,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Gross Rent Multiplier | 13.54 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,252 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2026 |
| Zoning | Duplex - Duplex (2 Units) |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Yard
- Garden
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $2,000 | 1,126 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R0711821 | Total Assessment | $267,240 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2026 |
Property Taxes
Parcel Number
R0711821
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$267,240
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Barberry Duplex | 1833 NE Barberry Dr
