Dual-Living Duplex Property

951 Dogwood St Sweet Home, OR 97386

Claim this Listing
For Sale
Under Contract
$425,000

MULTI_FAMILY - Sweet Home, OR

Property size:
2,754 SF
Lot size:
0.33 Acres
Price / SF:
$154/SF
Added:
Jun 22, 2026
Days on Market:
21
Last Refresh:
Jul 12 at 3:06 am

Property Features for 951 Dogwood St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
SHR1
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3
Patio and Porch features
Patio
Fireplace
1
Standard status
Active Under Contract
APN
255097
Size
2,754 SF
Lot size
0.33 Acres

Taxes and HOA fees

Tax Annual Amount
6096

Utilities

Heating system
Forced Air, Ductless (Heating), Baseboard, Natural Gas

Building Details

Year built
1975
Number of units
2
Flooring type
Carpet, Vinyl, Laminate
Roof type
Composition

Listing agent LAURA GILLOTT License #920300248

Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM 266 E GRANT ST, Corvallis, OR

Listing date Jun 22, 2026

MLS# 842533 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.


Investment Insights

Based on property information with market context.

This for-sale duplex property in Sweet Home includes two separate single-level homes on one lot. The main home is a 1,564-square-foot ranch with spacious rooms, a primary bedroom with an attached bath, a large kitchen with a dining nook and a formal dining area, and a hall bath with dual sinks. A wood fireplace is featured in the living room, and there is also a sizable mudroom with a closet and cabinets. An updated 1,170-square-foot second dwelling serves as a 2-bedroom, 1-bath guest quarters or additional living space.

The property sits on approximately 0.33 acres and is fenced, providing a defined outdoor area. The lot includes room for RV parking, which can be useful for flexible personal or operational needs.

For buyers looking for income-producing flexibility or multi-generational use, the layout supports dual living without requiring a separate site. Zoning is listed as SHR1, and the offering is described as a 2-home configuration with one fully updated second dwelling. Please refer to the listing remarks for details related to the accepted offer status and any contingencies.

Key Highlights

  • 2‑home dual living setup on a fenced 0.33‑acre lot, including a 1,564 SF single‑level ranch plus an additional 1,170 SF guest quarters
  • Second dwelling offers 2 bedrooms and 1 bathroom (1,170 SF fully updated per remarks)
  • Main home includes a wood fireplace in the living room and a large mudroom with closet and cabinets

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 $38.0k $13.80
− Vacancy −$867 −$0.31
EGI $37.1k $13.49
− OpEx −$11.1k −$4.05
NOI $26.0k $9.44
2,754 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$371.4K
$325.0K – $433.3K (±1% cap)
NOI $25,997 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$342.1K
$299.4K – $399.2K (±1% cap)
NOI $23,949 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$802.3K
$702.0K – $936.0K (±1% cap)
NOI $56,160 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center Barber Shop Butcher

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

FAQs

What type of property is this?
Duplex - Two single-level dwellings on a fenced lot offer flexible living arrangements in Sweet Home, Oregon.
Where is this duplex located?
The property is located at 951 Dogwood St Sweet Home, OR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2‑home dual living setup on a fenced 0.33‑acre lot, including a 1,564 SF single‑level ranch plus an additional 1,170 SF guest quarters; Second dwelling offers 2 bedrooms and 1 bathroom (1,170 SF fully updated per remarks); Main home includes a wood fireplace in the living room and a large mudroom with closet and cabinets
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