Newer Construction Duplex
1284 44TH Ave Sweet Home, OR 97386
For Sale
$485,000
MULTI_FAMILY - SweetHome, OR
Property Size2,560 SF
Lot Size0.27 Acres
Price / SF$189.45
Days on Market150
Property Features for 1284 44TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 5
- 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
Building Details
- Year built
- 2020
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing Agency:
ICON Real Estate Group
(541) 915-2080
Listed By:
Joshua Glaspie · License #201224520
(541) 359-9132
Added: Feb 25
Changed: Jul 25
Last Checked: Jul 25 at 5:06PM
MLS# 406758240
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.
Investment Insights
Based on property information with market context.
Built in 2020, this duplex features two separate 4-bedroom unit layouts and updated interior finishes throughout. Each side includes quartz countertops, shaker cabinets, and stainless steel appliances, along with an efficient ductless heating and cooling system for year-round comfort.
The property is located at 1284 44TH Ave in Sweet Home, Oregon, within R1 zoning. The site totals approximately 0.27 acres.
With functional, modern living space in each unit, the duplex is designed for straightforward rental use as a duplex ownership structure.
The property is located at 1284 44TH Ave in Sweet Home, Oregon, within R1 zoning. The site totals approximately 0.27 acres.
With functional, modern living space in each unit, the duplex is designed for straightforward rental use as a duplex ownership structure.
Key Highlights
- New construction duplex built in 2020 with shingle roof
- Each side features a unique 4‑bedroom unit layout
- Modern finishes include quartz countertops, shaker cabinets, and stainless steel appliances
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 | $35.3k | $13.80 |
| − Vacancy | −$805 | −$0.31 |
| EGI | $34.5k | $13.49 |
| − OpEx | −$10.4k | −$4.05 |
| NOI | $24.2k | $9.44 |
2,560 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.2K
$302.1K – $402.8K
NOI $24,166 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K
NOI $22,262 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$745.8K
$652.6K – $870.1K
NOI $52,204 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2020, this duplex offers two 4-bedroom units with ductless heating and cooling.
Where is this duplex located?
The property is located at 1284 44TH Ave Sweet Home, OR.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: New construction duplex built in 2020 with shingle roof; Each side features a unique 4‑bedroom unit layout; Modern finishes include quartz countertops, shaker cabinets, and stainless steel appliances
