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Mapleton Duplex: Investment Opportunity

11766 Walnut Avenue Mapleton, OR 97453

11766 Walnut Avenue, Mapleton, OR, 97453

$299,999

For Sale

$299,999

MULTI_FAMILY - Ranch - Mapleton, OR

Property Size1,480 SF

Lot Size0.23 Acres

Price / SF$202.70

AddedMay 7

Days on Market70

Last RefreshJul 15 at 11:06 pm

Property Features for 11766 Walnut Avenue

General Information

Property type: Residential Multi Family
Property subtype: Single Family Residence
Zoning: R-1-A Residential
Bedrooms: 4
Bathrooms: 2
Rooms: Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1
Parking: 4
Parking features: Carport, Driveway
Window features: Double Pane Windows
Pets allowed: Yes
Appliances: Electric Oven, Electric Range
Standard status: Active
APN: 1810021302400
Size: 1,480 SF
Lot size: 0.23 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 1833

Utilities

Sewer type: Septic Tank
Heating system: Baseboard, Zoned, Electric (Heating)
Water source: Public

Building Details

Year built: 1965
Floors in Building: 1
Number of units: 2
Flooring type: Vinyl, Carpet
Building materials: Board & Batten Siding, Frame, Wood Siding
Roof type: Shingle
Architectural style: Ranch

Listing agent Samantha McClain License #201235872

Listing office Realty One Group At The Beach, Newport 316 NW Coast St., Salem, OR

Listing date May 7, 2026

MLS# 26-1210 Listing URL

Investment Insights

Based on property information with market context.

Located in the heart of Mapleton, this duplex presents an opportunity for investors, multi-generational living, or owner-occupants seeking rental income. The property features two identical units, each with 2 bedrooms and 1 bathroom, situated on a 0.23-acre lot. The units were lightly remodeled by previous owners between 2018 and 2019, with updates to bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances. The roof was replaced in 2017. Each unit is equipped with electric baseboard/wall heat and public water. One unit is currently owner-occupied, while the other is tenant-occupied through July 31, 2026. Each side of the duplex includes its own carport, washer and dryer hookups, and private driveway access. The property has a large, mostly fenced backyard and an expansive side yard. Expansive windows throughout both units provide natural light. The open-concept layout connects the kitchen, dining, and living areas. The property is less than a mile from Mapleton Elementary, Mapleton Middle School, and Mapleton High School. The Siuslaw River, Knowles Creek, Snell Creek, and Plowman Creek are all nearby. Florence and the Oregon Coast are 15-20 minutes away, and Eugene is about an hour's drive. The property offers potential for rental income in a community with limited housing supply.

Key Highlights

4‑bedroom, 2‑bath duplex with two identical 2‑bed/1‑bath units on a 0.23‑acre lot
Each unit has electric baseboard/wall heat, public water, private driveway access, and its own carport
Lightly remodeled by previous owners in 2018 and 2019: bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$22.2k	$15.00
− Vacancy	−$1.4k	−$0.98
EGI	$20.8k	$14.03
− OpEx	−$6.2k	−$4.21
NOI	$14.5k	$9.82

1,480 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$207.6K

$181.6K – $242.2K (±1% cap)

NOI $14,530 @ 7.0% cap · market cap 4.84%

Second Best

Apartment 5plus

$193.2K

$169.1K – $225.4K (±1% cap)

NOI $13,526 @ 7.0% cap · market cap 4.51%

Theoretical Best

Office A

$374.4K

$327.6K – $436.8K (±1% cap)

NOI $26,209 @ 7.0% cap · market cap 8.74%

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

For sale
Duplexes
OR
Mapleton
97453
11766 Walnut Avenue

What type of property is this?

Duplex - Rare duplex in Mapleton, ideal for investors or owner-occupants.

Where is this duplex located?

The property is located at 11766 Walnut Avenue Mapleton, OR.

What is the asking price?

The asking price for this property is $299,999.

What are key features of this property?

This property features: 4‑bedroom, 2‑bath duplex with two identical 2‑bed/1‑bath units on a 0.23‑acre lot; Each unit has electric baseboard/wall heat, public water, private driveway access, and its own carport; Lightly remodeled by previous owners in 2018 and 2019: bathroom fixtures, flooring, paint, lighting, insulation, doors, window screens, and kitchen appliances