Mapleton Duplex: Investment
11766 Walnut Avenue Mapleton, OR 97453
11766 Walnut Avenue, Mapleton, OR, 97453
$299,999
Pending
For Sale
$299,999
Pending
MULTI_FAMILY - Ranch - Mapleton, OR
Property Size1,480 SF
Lot Size0.23 Acres
Days on Market77
Property Features for 11766 Walnut Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R-1-A Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1
- Parking
- 4
- Parking features
- Driveway, Carport
- Window features
- Double Pane Windows
- Pets allowed
- Yes
- Appliances
- Electric Oven, Electric Range
- Standard status
- Pending
- APN
- 1810021302400
- Size
- 1,480 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1833
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Zoned, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Board & Batten Siding, Frame, Wood Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agency
Realty One Group At The Beach, Newport
(503) 990-7137
Listed by
Samantha McClain · License #201235872
(503) 318-3020
Added: May 7 Updated: Jul 16 at 10:20PM Checked: Jul 22 at 6:06PM
MLS# 26-1210
Copyright © 2026 Oregon Coast MLS. 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.
Located in the heart of Mapleton, this duplex presents an opportunity for investors, multi-generational living, or owner-occupants seeking rental income. The property features two identical units, each with 2 bedrooms and 1 bathroom, situated on a 0.23-acre lot. The units were lightly remodeled by previous owners between 2018 and 2019, with updates to bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances. The roof was replaced in 2017. Each unit is equipped with electric baseboard/wall heat and public water. One unit is currently owner-occupied, while the other is tenant-occupied through July 31, 2026. Each side of the duplex includes its own carport, washer and dryer hookups, and private driveway access. The property has a large, mostly fenced backyard and an expansive side yard. Expansive windows throughout both units provide natural light. The open-concept layout connects the kitchen, dining, and living areas. The property is less than a mile from Mapleton Elementary, Mapleton Middle School, and Mapleton High School. The Siuslaw River, Knowles Creek, Snell Creek, and Plowman Creek are all nearby. Florence and the Oregon Coast are 15-20 minutes away, and Eugene is about an hour's drive. The property offers potential for rental income in a community with limited housing supply.
Key Highlights
- 4‑bedroom, 2‑bath duplex with two identical 2‑bed/1‑bath units on a 0.23‑acre lot
- Each unit has electric baseboard/wall heat, public water, private driveway access, and its own carport
- Lightly remodeled by previous owners in 2018 and 2019: bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances
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 | $22.2k | $15.00 |
| − Vacancy | −$1.4k | −$0.98 |
| EGI | $20.8k | $14.03 |
| − OpEx | −$6.2k | −$4.21 |
| NOI | $14.5k | $9.82 |
1,480 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$207.6K
$181.6K – $242.2K
NOI $14,530 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$193.2K
$169.1K – $225.4K
NOI $13,526 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$374.4K
$327.6K – $436.8K
NOI $26,209 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Rare duplex in Mapleton, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 11766 Walnut Avenue Mapleton, OR.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath duplex with two identical 2‑bed/1‑bath units on a 0.23‑acre lot; Each unit has electric baseboard/wall heat, public water, private driveway access, and its own carport; Lightly remodeled by previous owners in 2018 and 2019: bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances
