Newer Duplex with Attached
1230 49th Av, Sweet Home, OR 97386
For Sale
$585,000
Both residences are fully rented on month-to-month leases and offer three bedrooms per unit.
Property Size2,496 SF
Lot Size0.26 Acres
Price / SF$234.38
Days on Market30
Property Features for 1230 49th Av
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Keller Williams Capital City
(503) 930-1047
Listed By:
Matin Real Estate
(503) 208-8406
Source:
Portlandrealestate
Added: Oct 11
Changed: Nov 8
Last Checked: Nov 8 at 6:21AM
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 Keller Williams Capital City
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Investment Insights
Based on property information with market context.
Built in 2025, this duplex contains two single-level residences, each with 3 bedrooms, 2 full bathrooms, and a one-car garage. The 2,496-square-foot building sits on a 0.26-acre corner lot. Kitchens and bathrooms have solid-surface countertops; flooring includes LVP and carpet. Each side also has washer and dryer hookups and a range, microhood, dishwasher, and refrigerator.
Both units are occupied under month-to-month leases. Driveway and street parking provide additional parking beyond the garages.
Both units are occupied under month-to-month leases. Driveway and street parking provide additional parking beyond the garages.
Key Highlights
- 2025 construction; 2,496 square feet
- Two single‑level units, each with 3 bedrooms and 2 full bathrooms
- 0.26‑acre corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,562
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,240
$471.2K
Cap Rate 7%
$336,600
$336.6K
Cap Rate 9%
$261,800
$261.8K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$34.4K $13.80/SF
− Vacancy
−$785 −$0.31/SF
EGI
$33.7K $13.49/SF
− OpEx
−$10.1K −$4.05/SF
NOI
$23.6K $9.44/SF
Area
Linn County, OR
Vacancy
2.28%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,240
Cap Rate 7%
$336,600
Cap Rate 9%
$261,800
Alternative Uses
Best Use
Multifamily LT 5
$336.6K
$294.5K – $392.7K
NOI $23,562 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$310.1K
$271.3K – $361.8K
NOI $21,706 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$727.1K
$636.2K – $848.3K
NOI $50,899 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
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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
$302,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Linn County, OR
Properties on Market for Duplexes in Linn County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are fully rented on month-to-month leases and offer three bedrooms per unit.
Where is this duplex located?
The property is located at 1230 49th Av Sweet Home, OR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2025 construction; 2,496 square feet; Two single‑level units, each with 3 bedrooms and 2 full bathrooms; 0.26‑acre corner lot
