Brand-New ADA
1183 37th Ct Sweet Home, OR 97386
1183 37th Ct, Sweet Home, OR, 97386
$599,000
For Sale
$599,000
MULTI_FAMILY - Sweet Home, OR
Property Size2,544 SF
Lot Size0.10 Acres
Price / SF$235.46
Days on Market43
Property Features for 1183 37th Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- res
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Patio and Porch features
- Deck
- Fireplace
- 1
- Standard status
- Active
- APN
- 949955
- Size
- 2,544 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 1000
Utilities
- Heating system
- Zoned, Ductless (Heating)
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Composition
Listing agency
HOMESMART REALTY GROUP - SWEET HOME
Listed by
WENDI MELCHER · License #200005119
(541) 409-4813
Added: Jun 11 Updated: Jul 11 at 11:33AM Checked: Jul 23 at 2:06AM
MLS# 842151
Copyright © 2026 Willamette Valley Multiple Listing Service. 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 brand-new construction duplex offers an open floor plan designed for accessibility, with no stairs inside or out. Each unit includes ADA-friendly bathroom features such as a roll-in shower and an ADA sink. Interior finishes include vinyl plank flooring, and the living area features an electric fireplace with an island and seating.
The property includes outdoor space with a fenced yard, along with attached parking infrastructure. There is a one-car garage, and the site provides space for additional vehicles.
With its step-free design and accessible fixtures, this duplex is well suited for tenants or owner-occupants who value a practical, mobility-friendly layout. The combination of newer construction, fenced outdoor space, and dedicated parking supports everyday livability for a range of households seeking an ADA-conscious home setup.
The property includes outdoor space with a fenced yard, along with attached parking infrastructure. There is a one-car garage, and the site provides space for additional vehicles.
With its step-free design and accessible fixtures, this duplex is well suited for tenants or owner-occupants who value a practical, mobility-friendly layout. The combination of newer construction, fenced outdoor space, and dedicated parking supports everyday livability for a range of households seeking an ADA-conscious home setup.
Key Highlights
- Brand new construction duplex, built in 2025
- Single‑level, handicap‑friendly design with no stairs, roll‑in shower, and ADA sink
- Open floor plan with vinyl plank flooring and zoned ductless heating
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 | $35.1k | $13.80 |
| − Vacancy | −$800 | −$0.31 |
| EGI | $34.3k | $13.49 |
| − OpEx | −$10.3k | −$4.05 |
| NOI | $24.0k | $9.44 |
2,544 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.1K
$300.2K – $400.3K
NOI $24,015 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$316.0K
$276.5K – $368.7K
NOI $22,123 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$741.1K
$648.5K – $864.6K
NOI $51,878 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New construction duplex with an open, no-stairs layout and ADA features including roll-in shower and accessible sink.
Where is this duplex located?
The property is located at 1183 37th Ct Sweet Home, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Brand new construction duplex, built in 2025; Single‑level, handicap‑friendly design with no stairs, roll‑in shower, and ADA sink; Open floor plan with vinyl plank flooring and zoned ductless heating
