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Modern Four-Bedroom Duplex

1282 44TH Ave, Sweet Home, OR 97386

For Sale
$449,000

MultiFamily, SweetHome, OR

Property Size2,560 SF
Lot Size0.27 Acres
Price / SF$175.39
Days on Market49

Property Features for 1282 44TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 8
Elementary school Hawthorne
Middle school Sweet Home
High school Sweet Home
Directions East on Main St, South on 44th Ave
Subdivision _221
Standard status Active
APN 0945710
Size 2,560 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description 13S01E28DC
Tax Annual Amount 6258
Legal Description 13S01E28DC

Amenities

stainless steel appliances
ductless heating and cooling system

Building Details

Year built 2020
Floors in Building 2
Number of units 2
Roof type Shingle
Buildings 1
Listing Agency: ICON Real Estate Group
Listed By: Joshua Glaspie · License #201224520
Added: Sep 22 Changed: Nov 5 Last Checked: Nov 9 at 9:06AM
MLS# 712132117

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.

Built in 2020, this duplex contains 2,560 square feet across two residential units, with each side configured as a four-bedroom residence. Interior finishes include quartz countertops, shaker-style cabinetry, stainless steel appliances, and contemporary design elements. Ductless heating and cooling systems serve both units, while the shingle roof provides the primary roof covering.

The property occupies 0.27 acres in Sweet Home, Oregon, within R1 zoning. The recorded room schedule includes 8 bedrooms and 6 bathrooms across the duplex. Its two-unit configuration offers separate residential spaces within a consistent construction and finish package.

Key Highlights

  • Two‑unit duplex built in 2020
  • 2,560 square feet on 0.27 acres
  • Each unit offers a 4‑bedroom layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,166
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,320 $483.3K
Cap Rate 7%
$345,229 $345.2K
Cap Rate 9%
$268,511 $268.5K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$35.3K $13.80/SF
− Vacancy
−$805 −$0.31/SF
EGI
$34.5K $13.49/SF
− OpEx
−$10.4K −$4.05/SF
NOI
$24.2K $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%
$483,320
Cap Rate 7%
$345,229
Cap Rate 9%
$268,511

Alternative Uses

Best Use
Multifamily LT 5
$345.2K
$302.1K – $402.8K (±1% cap)
NOI $24,166 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K (±1% cap)
NOI $22,262 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$745.8K
$652.6K – $870.1K (±1% cap)
NOI $52,204 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Linn County, OR

$258 Jul
$238 Aug
$233 Sep
$229 Oct

Properties on Market for Duplexes in Linn County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two contemporary residences feature quartz finishes, stainless steel appliances, and ductless heating and cooling.
Where is this duplex located?
The property is located at 1282 44TH Ave Sweet Home, OR.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2020; 2,560 square feet on 0.27 acres; Each unit offers a 4‑bedroom layout
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