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    Sweet Home Duplex For Sale Title is generated by Realmo AI

    5351 Osage St, Sweet Home, OR 97386

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    For Sale
    $349,900

    Duplex - Sweet Home, OR

    Type:Duplex
    Property size:
    1,092 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $320/SF
    Added:
    Mar 30, 2026
    Days on Market:
    53
    Last Refresh:
    May 21 at 5:06 am

    Property Features for 5351 Osage St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room
    Interior features
    Handicap Amenities
    Exterior features
    Partially Fenced Yard, Landscaping
    Fencing
    Fenced, Partial
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Range, Washer
    Standard status
    Active
    APN
    0235461
    Size
    1,092 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2831

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1945
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    CHRISTINE KITES

    Listing agent CHRISTINE KITES

    Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR

    Listing date Mar 30, 2026

    MLS# 839211 Listing URL

    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.

    HighLights

    • Duplex: Ideal for owner‑occupant or investor, offering immediate rental income potential.
    • High Rental Income: Generates $2881/month in total rent.
    • Updated Unit: Unit A features a recently updated kitchen with included appliances and newer flooring and bath.
    • Individual Garages & W/D Hookups: Each unit includes a 1‑car garage and washer/dryer hookups.
    • Ample Outdoor Space: Features a large backyard, side yard, and front yard for each unit.
    • Accessibility Features: Includes accessible approach with ramp.

    Overview

    This duplex in Sweet Home, Oregon, presents an opportunity for either an owner-occupant or an investor. The property features two units, each with 2 bedrooms and 1 bathroom, and approximately 546 square feet of living space. Each unit includes a one-car garage and washer/dryer hookups. Unit A has a recently updated kitchen with a refrigerator, oven, and dishwasher, as well as newer carpet, vinyl, and bathroom fixtures. Both units feature a great room design and wall furnace heat. The property provides ample outdoor space with a backyard, side yard, and front yard, along with additional driveway parking. The total rent is $2881 per month. The owner is responsible for water/sewer and yard maintenance, while tenants cover power and garbage expenses. Unit B is currently occupied by a long-term tenant. The property is situated on a lot of approximately 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sweet Home
    County
    Linn
    State
    Oregon
    Longitude
    -122.6719629
    Latitude
    44.4092809

    Nearby Similar for Sale

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    • $995,000
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      Warehouse with Office and Storage

      Two-story warehouse with offices, lobby, and fenced area.
      1305 Clark Mill Rd, Sweet Home, OR 97386
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    • $460,000
      3,240 SF

      Prime Retail Location For Sale

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    • $325,000

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    FAQs

    What type of property is this?
    Duplex - Duplex with updated units, garages, and rental income.
    Where is this duplex located?
    The property is located at 5351 Osage St Sweet Home, OR.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Duplex: Ideal for owner‑occupant or investor, offering immediate rental income potential.; High Rental Income: Generates $2881/month in total rent.; Updated Unit: Unit A features a recently updated kitchen with included appliances and newer flooring and bath.
    (541) 231-4535
    We can help!
    Listing Contact
    CHRISTINE KITES
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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