Duplex with RV
For Sale
$295,000
11766 WALNUT Ave, Mapleton, OR 97453
MultiFamily, Mapleton, OR
Property Size1,480 SF
Lot Size0.23 Acres
Price / SF$199.32
Days on Market54
Property Features for 11766 WALNUT Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RR1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Elementary school
Mapleton
Middle school
Mapleton
High school
Mapleton
Directions
HWY 126~GO EAST ON MAPLETON RD~RT ON CHESTNUT~RT ON WALNUT
Subdivision
_238
Standard status
Active
APN
0762862
Size
1,480 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
18-10-02-13-02400
Tax Annual Amount
1890
Legal Description
18-10-02-13-02400
Utilities
Heating system
Baseboard
Amenities
attached carport
washer & dryer hook-ups
lockable storage room
large back yard
RV parking
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Roof type
Composition
Buildings
1
Listing Agency:
West Coast Real Estate Service
(541) 997-7653
Listed By:
Natalie Nagrone
(541) 991-0531
Added: Sep 9
Changed: Oct 27
Last Checked: Nov 1 at 4:06PM
MLS# 313453566
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,480 square feet and was built in 1965. Each unit offers 2 bedrooms and 1 bathroom, along with an attached carport, washer and dryer hookups, and a lockable storage room. The property also includes a large backyard and RV parking on a 0.23-acre lot. Baseboard heating and a composition roof serve the building, which is zoned RR1.
The property is located in Mapleton near a school and the Siuslaw River. Its configuration provides two residential units with separate living accommodations and shared exterior features, including the backyard and RV parking area.
The property is located in Mapleton near a school and the Siuslaw River. Its configuration provides two residential units with separate living accommodations and shared exterior features, including the backyard and RV parking area.
Key Highlights
- Duplex with 2 units, each offering 2 bedrooms and 1 bathroom
- 1,480 square feet on a 0.23‑acre lot
- Attached carport, washer and dryer hookups, and lockable storage room for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,530
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,600
$290.6K
Cap Rate 7%
$207,571
$207.6K
Cap Rate 9%
$161,444
$161.4K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$22.2K $15.00/SF
− Vacancy
−$1.4K −$0.98/SF
EGI
$20.8K $14.03/SF
− OpEx
−$6.2K −$4.21/SF
NOI
$14.5K $9.82/SF
Area
Lane County, OR
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,600
Cap Rate 7%
$207,571
Cap Rate 9%
$161,444
Alternative Uses
Best Use
Multifamily LT 5
$207.6K
$181.6K – $242.2K
NOI $14,530 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$193.2K
$169.1K – $225.4K
NOI $13,526 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$374.4K
$327.6K – $436.8K
NOI $26,209 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
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Business Placement
Demographics for 97453, OR
979
Population
466
Households
2.1
Avg Household Size
54
Median Age
10%
College-Educated
95%
High-School Grad
112.7 sq mi
ZIP Area
9
Density / Sq Mi
$53,333
Median Household Income
$32,375
Median Earnings
$1,099
Median Rent
$336,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with attached carports, storage rooms, and washer/dryer hookups.
Where is this duplex located?
The property is located at 11766 WALNUT Ave Mapleton, OR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 2 bedrooms and 1 bathroom; 1,480 square feet on a 0.23‑acre lot; Attached carport, washer and dryer hookups, and lockable storage room for each unit
