231 W Bolz Road Phoenix, OR 97535
MULTI_FAMILY - Contemporary - Phoenix, OR
Property Features for 231 W Bolz Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Assigned, Carport, On Street
- Security features
- Security System
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Porch
- Interior features
- Laminate Counters, Linen Closet, Shower/Tub Combo
- Appliances
- Instant Hot Water, Oven, Range, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 10627693
- Size
- 2,224 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3144
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Frame
- Roof type
- Membrane, Composition
- Architectural style
- Contemporary
- Additional Structures
- Storage
Listing agent Scott Lewis License #200604146 (541) 821-8284
Listing office John L. Scott Ashland 320 E Main Street #100, Medford, OR (541) 488-1311
Listing date Jun 15, 2026
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.
The property includes a welcoming grassy yard at the front and convenient covered parking located toward the rear. The listing also references three buildings at 211, 231, and 241 W Bolz Road, which are available either individually or as a combined portfolio purchase. Unit 211B is currently vacant and ready to show, while the other units are tenant-occupied and may be viewed upon an accepted offer.
For buyers seeking an income-producing residential property with outdoor space for each unit, this duplex configuration is designed for straightforward occupancy. The presence of covered parking and the separate fenced patios can support day-to-day tenant comfort, while the option to purchase all three buildings provides flexibility for those building a larger portfolio from the same location.
Key Highlights
- Duplex built in 1979 with frame construction and contemporary style
- Central air plus heat pump heating and cooling
- Public utilities: public water and public sewer
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 | $36.0k | $16.20 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $34.0k | $15.31 |
| − OpEx | −$10.2k | −$4.59 |
| NOI | $23.8k | $10.72 |
