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    Duplex with Private Fenced Patios Title is generated by Realmo AI

    241 W Bolz Road, Phoenix, OR 97535

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    Claim this Listing
    New
    For Sale
    $400,000

    MULTI_FAMILY - Contemporary - Phoenix, OR

    Property size:
    2,224 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $179/SF
    Added:
    Jun 15, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 17 at 12:06 am

    Property Features for 241 W Bolz Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street, Carport, Assigned
    Window features
    Double Pane Windows, Vinyl Frames
    Patio and Porch features
    Porch
    Interior features
    Laminate Counters, Linen Closet, Shower/Tub Combo
    Appliances
    Instant Hot Water, Oven, Range, Water Heater
    Standard status
    Active
    APN
    10627707
    Size
    2,224 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3144

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate, Carpet
    Building materials
    Frame
    Roof type
    Composition, Membrane
    Architectural style
    Contemporary
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Scott Lewis
    Scott Lewis

    Listing agent Scott Lewis License #200604146

    Listing office John L. Scott Ashland 320 E Main Street #100, Medford, OR

    Listing date Jun 15, 2026

    MLS# 220223408 Listing URL

    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.

    HighLights

    • Duplex built in 1979 with contemporary design and frame construction
    • Unit 211B is currently vacant and ready to show; tenant‑occupied units available to view after accepted offer
    • Private fenced patio off each unit for outdoor use
    • Covered parking in the rear with carport plus on‑street and assigned parking
    • Central air and heat pump heating; appliances include instant hot water, oven, range, and water heater
    • Public water and public sewer; flooring includes carpet and laminate with laminate counters and shower/tub combo

    Overview

    This contemporary duplex in Phoenix, Oregon features bright kitchen and dining space, ample storage, and two upstairs bedrooms, including one generously sized room. Each unit steps out to a private fenced patio, offering outdoor space off the home. A welcoming grassy yard sits in front, while covered parking is located in the rear for convenient day-to-day access.

    The property is part of a larger set of three buildings at 211, 231, and 241 W Bolz Road that are available individually or as a combined portfolio purchase. Additional details are available in associated documents. Unit 211B is currently vacant and ready to show, while tenant-occupied units may be viewed upon an accepted offer.

    For buyers looking for an income-producing residential property, this duplex offers two-bedroom layouts with outdoor space for each unit and covered parking. The option to purchase multiple buildings together also supports buyers who want a broader residential income collection within the same asset set.

    Local 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 $36.0k $16.20
    − Vacancy −$2.0k −$0.89
    EGI $34.0k $15.31
    − OpEx −$10.2k −$4.59
    NOI $23.8k $10.72
    2,224 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $340.5K
    $297.9K – $397.2K (±1% cap)
    NOI $23,833 @ 7.0% cap · market cap 5.96%
    Second Best
    Apartment 5plus
    $298.8K
    $261.5K – $348.6K (±1% cap)
    NOI $20,917 @ 7.0% cap · market cap 5.23%
    Theoretical Best
    Office A
    $536.8K
    $469.7K – $626.3K (±1% cap)
    NOI $37,577 @ 7.0% cap · market cap 9.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Jackson
    State
    Oregon
    Longitude
    -122.822234
    Latitude
    42.277126

    FAQs

    What type of property is this?
    Duplex - Two upstairs bedrooms per unit with private fenced patios and covered rear parking for a practical residential income setup.
    Where is this duplex located?
    The property is located at 241 W Bolz Road Phoenix, OR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Duplex built in 1979 with contemporary design and frame construction; Unit 211B is currently vacant and ready to show; tenant‑occupied units available to view after accepted offer; Private fenced patio off each unit for outdoor use
    More about this property
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