48251 E COMMERCIAL St, Oakridge, OR 97463
MULTI_FAMILY - Oakridge, OR
- Added:
- Apr 20, 2026
- Days on Market:
- 69
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 48251 E COMMERCIAL St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 4
- Standard status
- Active
- APN
- 0951986
- Size
- 4,565 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- 2135161308200 & 2135161308100
- Tax Annual Amount
- 3404
Utilities
- Heating system
- Ductless (Heating)
Building Details
- Year built
- 2001
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent Aaron Stansbury License #201217870 (503) 396-1787
Listing office Keller Williams Realty Eugene and Springfield 2645 Suzanne Way Suite 2A, Eugene, OR (541) 431-6480
Listing date Apr 20, 2026
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.
HighLights
- Year built 2001 with shingle roof
- Ductless heating system
- Flexible floor plan with 2 kitchens and additional wet bar with refrigerator
- Multiple expansive living spaces plus 3.5 bathrooms
- Currently recognized as a duplex for versatile living or rental use
- Large interior spaces with a massive garage/shop area
Overview
The property is located at 48251 E COMMERCIAL St in Oakridge, Oregon (Lane County). The listing is under R1 zoning and sits on a 0.22-acre lot, totaling 4,565 square feet of building area, according to the provided materials.
For buyers and operators, the combination of multiple living spaces, several wet areas, and the substantial garage/shop can fit households looking for more room, including multi-generational living. The layout may also appeal to those considering a live-in strategy with rental use, given the property is currently recognized as a duplex. The adjacent context described in the remarks includes a mix of residential and commercial uses, and notes an area identified for future commercial and mixed-use evolution, which may be relevant for buyers evaluating long-term adaptability.
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 | $68.5k | $15.00 |
| − Vacancy | −$4.5k | −$0.98 |
| EGI | $64.0k | $14.03 |
| − OpEx | −$19.2k | −$4.21 |
| NOI | $44.8k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakridge
- County
- Lane
- State
- Oregon
- Longitude
- -122.459478
- Latitude
- 43.747116
