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New Central Point Multifamily Property

1101 Annalise Street Central Point, OR 97502

1101 Annalise Street, Central Point, OR, 97502
$524,000
Pending
For Sale
Claim this Listing
$524,000
Pending

MULTI_FAMILY - Contemporary - Central Point, OR

Property Size1,646 SF
Lot Size0.08 Acres
AddedMay 1
Days on Market76
Last RefreshJul 15 at 5:06 am

Property Features for 1101 Annalise Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Parking features
Driveway, Open
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Porch, Patio
Interior features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters
Appliances
Dishwasher, Disposal, Microwave, Oven, Range
Standard status
Pending
APN
11014148
Size
1,646 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
648

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Ductless
Water source
Public

Building Details

Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Simulated wood, Carpet
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary

Listing agent Jordan Kramer License #200112030

Listing office John L. Scott Medford 871 Medford Center, Medford, OR

Listing date May 1, 2026

MLS# 220220554 Listing URL

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property in Central Point features two separate, new living spaces on a single lot. The front unit is a custom-built home completed in 2026, offering 3 bedrooms and 2.5 bathrooms within its 1646 square feet. The primary suite is located on the main level and includes a large shower. The rear unit is a 420-square-foot Accessory Dwelling Unit (ADU) with 1 bedroom and 1 bathroom. It is attached to an oversized, finished 2-car garage that includes exterior stairs leading to the ADU. The ADU is fully separate and equipped with a kitchen, laundry facilities, and other amenities. The property is located in the Willow Bend Estates within the Snyder Creek Development. Upgrades include granite countertops, stainless steel appliances, custom cabinets, vinyl plank flooring, electrical enhancements, and upgraded lighting and plumbing fixtures. The property is situated minutes from the I-5 freeway, a water park, Costco, schools, and parks. This property on a 0.08-acre lot is suitable for investors seeking rental income or homeowners looking to accommodate family members or rent out one of the units.

Key Highlights

  • Brand‑new 2026 construction: contemporary 3 bed, 2.5 bath main home (1,646 sqft)
  • Includes attached oversized 2‑car finished garage with exterior stairs to a fully separate 1 bed, 1 bath ADU (420 sqft)
  • Main and ADU both have modern interior features including granite/solid surface counters, open floorplan, and ceiling fans

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.7k $16.20
− Vacancy −$1.5k −$0.89
EGI $25.2k $15.31
− OpEx −$7.6k −$4.59
NOI $17.6k $10.72
1,646 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$252.0K
$220.5K – $294.0K (±1% cap)
NOI $17,639 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$221.2K
$193.5K – $258.0K (±1% cap)
NOI $15,481 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$397.3K
$347.6K – $463.5K (±1% cap)
NOI $27,811 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two new living spaces on one lot in Central Point.
Where is this duplex located?
The property is located at 1101 Annalise Street Central Point, OR.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: Brand‑new 2026 construction: contemporary 3 bed, 2.5 bath main home (1,646 sqft); Includes attached oversized 2‑car finished garage with exterior stairs to a fully separate 1 bed, 1 bath ADU (420 sqft); Main and ADU both have modern interior features including granite/solid surface counters, open floorplan, and ceiling fans
Contact an agent
More about this property
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