Residential Income Apartment
1380 Quince Street Sweet Home, OR 97386
For Sale
$895,000
For sale apartment building offering an interior view only after an accepted offer, with size listed at 5,024.
Property Size5,024 SF
Price / SF$178.14
Days on Market344
Property Features for 1380 Quince Street
General Information
- Standard status
- Active
- Size
- 5,024 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1997
Listing Agency:
Premiere Property Group, LLC
(503) 381-0839
Listed By:
Greg Watkins · License #201238249
(503) 381-0839
Source:
Compass
Added: Aug 15, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:17PM
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 Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
This residential income apartment building is available for sale. The property is listed with a total size of 5,024, and it is currently occupied, so please do not disturb tenants.
Addressed at 1380 Quince Street in Sweet Home, Oregon, the property’s inside viewing is limited. According to the public remarks, the interior is viewable only upon an accepted offer.
For parties looking to evaluate the building’s condition and layout, an accepted offer will be required to arrange an interior showing. All inquiries should be coordinated through the listing process, and occupants should not be contacted directly.
Addressed at 1380 Quince Street in Sweet Home, Oregon, the property’s inside viewing is limited. According to the public remarks, the interior is viewable only upon an accepted offer.
For parties looking to evaluate the building’s condition and layout, an accepted offer will be required to arrange an interior showing. All inquiries should be coordinated through the listing process, and occupants should not be contacted directly.
Key Highlights
- Apartment building built in 1997
- 2‑story building with no basement
- Vinyl siding exterior
Financial Insights For Apartment 5plus
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 | $81.4k | $16.20 |
| − Vacancy | −$2.0k | −$0.39 |
| EGI | $79.4k | $15.81 |
| − OpEx | −$35.7k | −$7.12 |
| NOI | $43.7k | $8.70 |
5,024 SF · lease $16.20/SF/yr · vacancy 2.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$624.1K
$546.1K – $728.2K
NOI $43,690 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,451 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - For sale apartment building offering an interior view only after an accepted offer, with size listed at 5,024.
Where is this apartment building located?
The property is located at 1380 Quince Street Sweet Home, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Apartment building built in 1997; 2‑story building with no basement; Vinyl siding exterior
