Dual-Residence Income
92278 CARSON St Marcola, OR 97454
For Sale
$575,000
MULTI_FAMILY - Marcola, OR
Property Size2,000 SF
Lot Size1.11 Acres
Price / SF$287.50
Days on Market18
Property Features for 92278 CARSON St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RR1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 2
- Standard status
- Active
- APN
- 1667722
- Size
- 2,000 SF
- Lot size
- 1.11 Acres
Taxes and HOA fees
- Tax Description
- SUBD: Cole's First Addition To MARCOLA SEC/TOWN/RNG/MER;SEC Lots 1,2, and 3 block 2 & NW Corner
- Tax Annual Amount
- 1159
Utilities
- Heating system
- Wood, Wood Stove, Baseboard
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Kimberly Keller
(541) 525-6511
Added: Jul 8
Changed: Jul 25
Last Checked: Jul 25 at 7:06PM
MLS# 428561932
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 dual-residence income property includes two separate residences on fully fenced land and is comprised of four separate tax lots. One home is a two-story layout with three bedrooms and includes a dedicated pantry/office area and a spacious bonus laundry room. The property also includes multiple outbuildings, dog kennels, and fruit trees, along with open pasture.
The site is located in Marcola, Oregon, and the listing notes it is approximately 12 miles from Springfield. The seller states there are additional utility hookups on site.
The property is offered for sale as-is. The buyer is responsible for due diligence regarding zoning, lot lines, buildability, utility availability and connections, permits, intended use, and all county requirements.
The site is located in Marcola, Oregon, and the listing notes it is approximately 12 miles from Springfield. The seller states there are additional utility hookups on site.
The property is offered for sale as-is. The buyer is responsible for due diligence regarding zoning, lot lines, buildability, utility availability and connections, permits, intended use, and all county requirements.
Key Highlights
- 1938‑built two‑story home with shingle roof and wood stove/baseboard heating
- 5 bedrooms and 3 bathrooms with multiple living spaces including a pantry/office area
- Second residence on the property for multi‑generational living, guest stays, or rental options
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 | $30.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $28.1k | $14.03 |
| − OpEx | −$8.4k | −$4.21 |
| NOI | $19.6k | $9.82 |
2,000 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$280.5K
$245.4K – $327.3K
NOI $19,635 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$261.1K
$228.5K – $304.7K
NOI $18,279 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$506.0K
$442.7K – $590.3K
NOI $35,418 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two residences on fully fenced land with multiple outbuildings and additional utility hookups across four tax lots.
Where is this duplex located?
The property is located at 92278 CARSON St Marcola, OR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1938‑built two‑story home with shingle roof and wood stove/baseboard heating; 5 bedrooms and 3 bathrooms with multiple living spaces including a pantry/office area; Second residence on the property for multi‑generational living, guest stays, or rental options
