16406 Heath Drive La Pine, OR 97739
MULTI_FAMILY - Other - La Pine, OR
- Added:
- May 25, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 12 at 7:06 am
Property Features for 16406 Heath Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open, Driveway
- Security features
- Security System
- Window features
- Double Pane Windows, Vinyl Frames
- Patio and Porch features
- Porch
- Interior features
- Laminate Counters, Pantry, Shower/Tub Combo, Vaulted Ceiling(s)
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 241263
- Size
- 2,950 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3938
Utilities
- Sewer type
- Septic Tank, Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Tisha Anderson License #200602394 (541) 420-1361
Listing office La Pine Realty 51681 Huntington Road Suite C, La Pine, OR (541) 536-1711
Listing date May 25, 2026
Copyright © 2026 Oregon Data Share. 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.
The property sits on a corner lot and is located behind grocery stores, supporting everyday convenience for residents.
For tenants or buyers seeking a straightforward residential income configuration, this duplex provides two separate, similarly laid-out units with internal laundry and upstairs primary-suite space. The attached garages and fenced backyards add practical day-to-day utility for families, roommates, or multi-generational households, while the corner-lot placement can simplify access and neighborhood presentation.
Key Highlights
- Duplex built in 2004 with two units, each offering 3 bedrooms and 2.5 bathrooms
- Each unit includes a main‑floor laundry area and a half bath, plus an upstairs primary suite with private bath
- Both sides feature attached single‑car garages and a fenced backyard
Local 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 | $74.3k | $25.20 |
| − Vacancy | −$5.6k | −$1.92 |
| EGI | $68.7k | $23.28 |
| − OpEx | −$30.9k | −$10.48 |
| NOI | $37.8k | $12.81 |
