For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multifamily Property with ADU Potential Title is generated by Realmo AI

    112 MELLINGER Pl, Dayton, OR 97114

    View on Map
    Claim this Listing
    For Sale
    $569,900

    MULTI_FAMILY - Dayton, OR

    Property size:
    2,448 SF
    Lot size:
    0.72 Acres
    Price / SF:
    $232/SF
    Added:
    Feb 15, 2026
    Days on Market:
    115
    Last Refresh:
    Jun 10 at 10:06 am

    Property Features for 112 MELLINGER Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
    Standard status
    Active
    APN
    512629
    Size
    2,448 SF
    Lot size
    0.72 Acres

    Taxes and HOA fees

    Tax Description
    LOT 21 IN PALMER RIDGE
    Tax Annual Amount
    4646

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water front features
    Creek

    Building Details

    Year built
    2000
    Floors in Building
    2
    Number of units
    2
    Roof type
    Composition

    We can help!

    Listing Contact
    Francisco Stoller

    Listing agent Francisco Stoller License #201207551

    Listing office Real Broker 2175 NW Raleigh Street, ste 110, Portland, OR

    Listing date Feb 15, 2026

    MLS# 238199502 Listing URL

    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

    • Multifamily home on 0.72‑acre lot at the end of a private drive, backing up to a creek
    • Year built 2000 with forced‑air heating and central air
    • Main level offers 3 bedrooms and 2 bathrooms with vaulted ceilings and an open floor plan
    • Lower level ADU includes 1 bedroom, 1 bathroom, full kitchen, laundry room, and separate outside entry
    • Roof was torn off and re‑roofed in 2021; main HVAC recently serviced
    • Main deck includes access to a sunken built‑in hot tub; hard‑surfaced floors with no carpet

    Overview

    This multifamily property is positioned at the end of a private drive, backing up to a creek. The main level features vaulted ceilings and an open floor plan with three bedrooms and two bathrooms. The lower level contains a one-bedroom, one-bathroom apartment with a full kitchen, laundry room, living space, and flex spaces. The property is situated on a 0.72-acre lot in a desirable community without an HOA. The main floor's living space is filled with natural light and includes an open kitchen, a large pantry, and a breakfast bar next to a slider that opens to a sprawling deck. The primary suite also has vaulted ceilings, an ensuite full bath, a walk-in closet, and a slider to the deck with a sunken hot tub and views. The other two main-level bedrooms and a full bathroom are across the hall. All living spaces and bedrooms have hard-surfaced flooring. The ADU is accessible via an outside entrance through the slider below the deck or through a door in the foyer. The ADU's open floor plan includes a large living space and bedroom with ample storage. The lower level is climate-controlled with a mini-split heat pump. The main HVAC system has been recently serviced, and the roof was replaced in 2021. The property is located in Dayton, which is experiencing improvements to downtown, new and established businesses, higher-than-average graduation rates, and planned investments to the city. This property is suitable for multiple generations or for its income-earning potential.

    Local Financial Insights For Apartment 5plus

    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 $60.2k $24.60
    − Vacancy −$3.1k −$1.25
    EGI $57.1k $23.35
    − OpEx −$25.7k −$10.51
    NOI $31.4k $12.84
    2,448 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $449.0K
    $392.9K – $523.9K (±1% cap)
    NOI $31,432 @ 7.0% cap · market cap 5.52%
    Second Best
    Multifamily LT 5
    $385.3K
    $337.1K – $449.5K (±1% cap)
    NOI $26,969 @ 7.0% cap · market cap 4.73%
    Theoretical Best
    Office A
    $660.8K
    $578.2K – $770.9K (±1% cap)
    NOI $46,254 @ 7.0% cap · market cap 8.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.070104
    Latitude
    45.21612

    FAQs

    What type of property is this?
    Duplex - Multifamily property with ADU on a large 0.72-acre lot.
    Where is this duplex located?
    The property is located at 112 MELLINGER Pl Dayton, OR.
    What is the asking price?
    The asking price for this property is $569,900.
    What are key features of this property?
    This property features: Multifamily home on 0.72‑acre lot at the end of a private drive, backing up to a creek; Year built 2000 with forced‑air heating and central air; Main level offers 3 bedrooms and 2 bathrooms with vaulted ceilings and an open floor plan
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message