Renovated Two-Unit
1150 Wyatt Ave Se, Stayton, OR 97383
For Sale
$625,000
Each residence offers a private fenced yard, covered patio, one-car garage, and dedicated laundry area.
Property Size2,446 SF
Price / SF$255.52
Days on Market60
Property Features for 1150 Wyatt Ave Se
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
covered patio
laundry area
Building Details
Buildings
Stories
Tenancy
Listing Agency:
SUNDANCE REALTY LLC
(580) 583-1459
Listed By:
ARIELLE HERNANDEZ
(503) 779-8423
Source:
Exprealty
Added: Sep 15
Changed: Nov 4
Last Checked: Nov 12 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNDANCE REALTY LLC
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Investment Insights
Based on property information with market context.
This single-level duplex at 1150 Wyatt Ave SE in Stayton includes two residences, each with 3 bedrooms and 2 bathrooms. The property totals 2446 square feet, with a new roof completed in 2022. Each side provides a private, fully fenced backyard, covered patio, one-car garage, built-in storage, and laundry area.
The 1150 unit was fully renovated in 2022 with new kitchen and bathroom cabinetry, quartz countertops, doors, trim, LVP flooring in the main living areas, bedroom carpet, fixtures, lighting, and wall and cadet heating. The 1160 unit has two mini-split systems for heating and air conditioning, new flooring throughout in 2025, and access to a private backyard shop for additional storage. Underground sprinklers serve the front and back of 1160. The landlord pays water and sewer; tenants pay all other utilities.
The 1150 unit was fully renovated in 2022 with new kitchen and bathroom cabinetry, quartz countertops, doors, trim, LVP flooring in the main living areas, bedroom carpet, fixtures, lighting, and wall and cadet heating. The 1160 unit has two mini-split systems for heating and air conditioning, new flooring throughout in 2025, and access to a private backyard shop for additional storage. Underground sprinklers serve the front and back of 1160. The landlord pays water and sewer; tenants pay all other utilities.
Key Highlights
- Two‑unit duplex with 3bedroom/2bath residences on each side
- 2446 square feet with a new roof completed in 2022
- 1150 fully renovated in 2022 with quartz counters, new cabinetry, LVP, carpet, fixtures, and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,615
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,300
$372.3K
Cap Rate 7%
$265,929
$265.9K
Cap Rate 9%
$206,833
$206.8K
Market Conditions
NOI Build-Up for 2,446 SF
Gross rent
$28.5K $11.64/SF
− Vacancy
−$1.9K −$0.77/SF
EGI
$26.6K $10.87/SF
− OpEx
−$8.0K −$3.26/SF
NOI
$18.6K $7.61/SF
Area
Marion County, OR
Vacancy
6.60%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,300
Cap Rate 7%
$265,929
Cap Rate 9%
$206,833
Alternative Uses
Best Use
Multifamily LT 5
$265.9K
$232.7K – $310.3K
NOI $18,615 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$247.1K
$216.2K – $288.3K
NOI $17,299 @ 7.0% cap · market cap 2.77%
Theoretical Best
Specialty Retail
$575.3K
$503.4K – $671.1K
NOI $40,268 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
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Business Placement
Demographics for 97383, OR
10,079
Population
4,116
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
212
Density / Sq Mi
$75,094
Median Household Income
$41,366
Median Earnings
$1,090
Median Rent
$408,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Marion County, OR
Properties on Market for Duplexes in Marion County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a private fenced yard, covered patio, one-car garage, and dedicated laundry area.
Where is this duplex located?
The property is located at 1150 Wyatt Ave Se Stayton, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑unit duplex with 3bedroom/2bath residences on each side; 2446 square feet with a new roof completed in 2022; 1150 fully renovated in 2022 with quartz counters, new cabinetry, LVP, carpet, fixtures, and lighting
