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Irving Casas
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Evaluating a duplex in Portland, Oregon.

Irving Casas
Posted

Hello BP community!

I'm evaluating a duplex in the Portland, Oregon.  The duplex only has off street parking.  Has anyone in the Portland area added a driveway to an older home? Please share your experience!

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William Sing
  • Real Estate Agent
  • Portland, OR
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William Sing
  • Real Estate Agent
  • Portland, OR
Replied

@Irving Casas - Depends on if there are any trees and grade depending on where in Portland. Usually taking out trees is sometimes a harder issue in Multnomah County. On-property parking does add some value for rentals but also depends on where it is at and if it is more bikeable. With that in mind, what factors are there? You can also look at putting in gravel for a more cost-effective solution as well. 

P.S. Overall, usually you are not going to get a huge ROI on putting in a driveway.

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