Craftsman Duplex with Double
SW 6th Street Metolius, OR 97741
SW 6th Street, Metolius, OR, 97741
$649,900
For Sale
$649,900
MULTI_FAMILY - Craftsman - Metolius, OR
Property Size2,266 SF
Lot Size0.18 Acres
Price / SF$286.80
Days on Market16
Property Features for SW 6th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Driveway
- Window features
- Double Pane Windows, Vinyl Frames
- Patio and Porch features
- Deck
- Interior features
- Breakfast Bar, Ceiling Fan(s), Fiberglass Stall Shower, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s)
- Appliances
- Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Water Heater
- Standard status
- Active
- APN
- 22495
- Size
- 2,266 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 486
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Energy Star Qualified Equipment (Heating), Electric (Heating), Wall Furnace, Zoned
- Cooling system
- Ductless, Zoned, ENERGY STAR Qualified Equipment
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agency
Keller Williams Realty Central Oregon
(541) 585-3760
Listed by
Holly Cole · License #200903090
(541) 480-4208
Added: Jul 7 Updated: Jul 9 at 3:25AM Checked: Jul 22 at 10:06AM
MLS# 220224812
Copyright © 2026 Oregon Data Share. 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 craftsman duplex offers two individual units and a bright, open great room layout with abundant natural light. Kitchens feature plenty of cabinetry, quartz counters, a designer tiled backsplash, and a spacious island with breakfast bar seating. Main living areas include wood-look flooring and sliding glass doors that lead to a covered back deck (per plan). Each unit includes a spacious owners suite with an ensuite bath, plus two additional bedrooms served by a shared full bath. Additional features include a double-car garage and a fully fenced setting.
The property is located on SW 6th Street in Metolius, Oregon, minutes from downtown Metolius and a short drive to Lake Billy Chinook. The interior photos provided reflect completed homes with the same floorplans and different color schemes.
Designed for an owner-operator or investor seeking two separate living units in one purchase, the duplex configuration provides flexibility for occupancy and management. With the consistent layout, large kitchen islands, and indoor-outdoor living through the sliding doors to the covered deck, the homes are well-suited for tenants looking for comfortable, well-finished interiors.
The property is located on SW 6th Street in Metolius, Oregon, minutes from downtown Metolius and a short drive to Lake Billy Chinook. The interior photos provided reflect completed homes with the same floorplans and different color schemes.
Designed for an owner-operator or investor seeking two separate living units in one purchase, the duplex configuration provides flexibility for occupancy and management. With the consistent layout, large kitchen islands, and indoor-outdoor living through the sliding doors to the covered deck, the homes are well-suited for tenants looking for comfortable, well-finished interiors.
Key Highlights
- Under construction for 2026: Craftsman‑style home plan with an open floorplan and abundant natural light
- Own 2 individual units in the Murray Metolius Community, minutes from downtown Metolius and a short drive to Lake Billy Chinook
- Primary suite on the main level with ensuite bath, plus two additional bedrooms and a shared full bath
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 | $48.9k | $21.60 |
| − Vacancy | −$3.5k | −$1.56 |
| EGI | $45.4k | $20.04 |
| − OpEx | −$13.6k | −$6.01 |
| NOI | $31.8k | $14.03 |
2,266 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$454.1K
$397.4K – $529.8K
NOI $31,788 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$414.6K
$362.8K – $483.7K
NOI $29,020 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$978.9K
$856.6K – $1.14M
NOI $68,524 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit craftsman duplex with quartz-topped kitchens, spacious living areas, and double garage on a fully fenced lot.
Where is this duplex located?
The property is located at SW 6th Street Metolius, OR.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Under construction for 2026: Craftsman‑style home plan with an open floorplan and abundant natural light; Own 2 individual units in the Murray Metolius Community, minutes from downtown Metolius and a short drive to Lake Billy Chinook; Primary suite on the main level with ensuite bath, plus two additional bedrooms and a shared full bath
