Brand-New Duplex with ADA Roll-In
For Sale
$599,000
1183 37th Ct, Sweet Home, OR 97386
MULTI_FAMILY - Sweet Home, OR
Property Size2,544 SF
Lot Size0.10 Acres
Price / SF$235.46
Days on Market53
Property Features for 1183 37th Ct
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
res
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2
Patio and Porch features
Deck
Fireplace
1
Lot features
Lot: 911
Elementary school
Hawthorne
Middle school
Sweet Home
High school
Sweet Home
Directions
East on long past hawthorne school and about 2 blocks on right enter 37th Ct and towards back of lot on the left
Standard status
Active
APN
949955
Size
2,544 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
1000
Utilities
Heating system
Zoned, Ductless (Heating)
Amenities
handicap accessible
no stairs
roll-in shower
ADA sink
vinyl plank flooring
electric fireplace island with seating
fenced yard
Building Details
Year built
2025
Number of units
2
Flooring type
Vinyl
Roof type
Composition
Listing Agency:
HOMESMART REALTY GROUP - SWEET HOME
Listed By:
WENDI MELCHER · License #200005119
(541) 409-4813
Added: Jun 11
Changed: Jul 30
Last Checked: Aug 2 at 7:06PM
MLS# 842151
Copyright © 2026 Willamette Valley Multiple Listing Service. 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.
New construction duplex scheduled as 2025 build, currently under construction, with an open floor plan designed for handicap accessibility inside and out. The layout emphasizes step-free living with no stairs and includes a roll-in shower and ADA sink. Interior finishes feature vinyl flooring, with heating described as zoned and ductless, and an electric fireplace with an island and seating.
Outside, the property includes a fenced yard and a deck. Parking includes a one-car garage plus additional space for another car or two. The roof is listed as composition.
The property is reported at 2,544 square feet on a 0.1-acre lot, with six bedrooms and four bathrooms.
Outside, the property includes a fenced yard and a deck. Parking includes a one-car garage plus additional space for another car or two. The roof is listed as composition.
The property is reported at 2,544 square feet on a 0.1-acre lot, with six bedrooms and four bathrooms.
Key Highlights
- ADA‑focused design with no stairs plus roll‑in shower and ADA sink
- Under construction new 2025 duplex with open floor plan
- Fenced yard and deck for outdoor space
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 | $35.1k | $13.80 |
| − Vacancy | −$800 | −$0.31 |
| EGI | $34.3k | $13.49 |
| − OpEx | −$10.3k | −$4.05 |
| NOI | $24.0k | $9.44 |
2,544 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.1K
$300.2K – $400.3K
NOI $24,015 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$316.0K
$276.5K – $368.7K
NOI $22,123 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$741.1K
$648.5K – $864.6K
NOI $51,878 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 97386, OR
14,611
Population
6,339
Households
2.3
Avg Household Size
44
Median Age
11%
College-Educated
87%
High-School Grad
125.9 sq mi
ZIP Area
116
Density / Sq Mi
$68,116
Median Household Income
$37,125
Median Earnings
$1,141
Median Rent
$302,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - New 2025 construction duplex with fenced yard, deck, garage, and ADA-friendly roll-in shower design.
Where is this duplex located?
The property is located at 1183 37th Ct Sweet Home, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: ADA‑focused design with no stairs plus roll‑in shower and ADA sink; Under construction new 2025 duplex with open floor plan; Fenced yard and deck for outdoor space
