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Two-Home Income Property
For Sale
$259,900

411 WELLS Rd, Oakland, OR 97462

MULTI_FAMILY - Oakland, OR

Property Size1,314 SF
Lot Size0.15 Acres
Price / SF$197.79
Days on Market97

Property Features for 411 WELLS Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3
Elementary school Oakland
Middle school Lincoln
High school Oakland
Directions Exit 138, R on Stearns Ln, L on 1st, R on Locust, R on Wells
Subdivision _256
Standard status Active
APN R35067
Size 1,314 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description TRACT M&B V136 P389 M77-80, ACRES 0.15
Tax Annual Amount 2207
Legal Description TRACT M&B V136 P389 M77-80, ACRES 0.15

Utilities

Heating system Pellet Stove
Cooling system Wall Unit(s)

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Roof type Composition
Listing Agency: RE/MAX Integrity · RE/MAX International
Listed By: Jennifer Kramer · License #930800223
Added: Apr 28 Changed: Jul 30 Last Checked: Aug 2 at 5:06PM
MLS# 479589820

Copyright © 2026 Regional Multiple Listing Services. 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 two-home property includes a main house with a 2 bedroom, 2 bathroom layout. Interior features noted include hardwood floors, an open floor plan, and a kitchen with an island/eating bar, tile countertops, stainless steel appliances, and a built-in oven. Additional details include wainscoting, a pellet stove, and a granite vanity with a copper sink, along with a bedroom that offers dual closets for storage. A new electrical panel was installed in 2025.

A detached studio is also on the lot, described as having vaulted ceilings, fresh interior paint, attached storage, and a brand new roof in 2025. The studio provides flexibility as guest quarters, a private workspace, or rental space.

The property is located at 411 WELLS Rd, Oakland, Oregon 97462, and is listed under R1 zoning. Lot size is provided as 0.15 acres.

Key Highlights

  • Two homes on one lot in historic Oakland, Oregon
  • Main home: 2 bed / 2 bath with hardwood floors, open floor plan, and kitchen island with eating bar
  • Kitchen includes tile countertops, stainless steel appliances, and a built‑in oven

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 97462, OR

4,130
Population
1,797
Households
2.3
Avg Household Size
52
Median Age
26%
College-Educated
94%
High-School Grad
219.7 sq mi
ZIP Area
19
Density / Sq Mi
$65,032
Median Household Income
$38,338
Median Earnings
$1,205
Median Rent
$377,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Main residence with 2 bed/2 bath plus a detached studio, both updated with recent electrical panel and roof.
Where is this duplex located?
The property is located at 411 WELLS Rd Oakland, OR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two homes on one lot in historic Oakland, Oregon; Main home: 2 bed / 2 bath with hardwood floors, open floor plan, and kitchen island with eating bar; Kitchen includes tile countertops, stainless steel appliances, and a built‑in oven
More about this property
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