Duplex with Private Fenced
For Sale
$400,000
Pending
241 W Bolz Road, Phoenix, OR 97535
MULTI_FAMILY - Contemporary - Phoenix, OR
Property Size2,224 SF
Lot Size0.11 Acres
Days on Market49
Property Features for 241 W Bolz Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
R-2
Parking features
Assigned, On Street, Carport
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
Subdivision
Gemini Estates Subdivision
Lot features
Level
View
Valley
Elementary school
Phoenix Elem
Middle school
Talent Middle
High school
Phoenix High
Standard status
Pending
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
Amenities
private fenced patio
generous storage
welcoming grassy yard
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
Listing Agency:
John L. Scott Ashland
(541) 488-1311
Listed By:
Scott Lewis · License #200604146
(541) 821-8284
Added: Jun 15
Changed: Aug 1
Last Checked: Aug 2 at 12:06PM
MLS# 220223408
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.
This contemporary duplex offers a bright kitchen and dining area, generous storage, and two upstairs bedrooms in each unit, including one generously sized upstairs bedroom. Interior details include laminate counters, a linen closet, and a shower/tub combo. Flooring features laminate and carpet, with an instant hot water system, oven, range, and water heater included. The property is framed construction and uses a heat pump for heating and central air for cooling. Outside, each unit has access to a private fenced patio, plus a porch and a welcoming grassy yard at the front, with convenient covered parking in the rear.
The duplex is located at 241 W Bolz Road in Phoenix, Oregon (Jackson County). The site is served by public water and public sewer, and features composition and membrane roofing. Parking is offered with assigned spaces, on-street parking, and a carport.
All three buildings at 211, 231, and 241 W Bolz Road are listed individually or as a combined portfolio purchase. Unit 211B is currently vacant and ready to show, while tenant-occupied units are available to view upon an accepted offer.
The duplex is located at 241 W Bolz Road in Phoenix, Oregon (Jackson County). The site is served by public water and public sewer, and features composition and membrane roofing. Parking is offered with assigned spaces, on-street parking, and a carport.
All three buildings at 211, 231, and 241 W Bolz Road are listed individually or as a combined portfolio purchase. Unit 211B is currently vacant and ready to show, while tenant-occupied units are available to view upon an accepted offer.
Key Highlights
- Private fenced patio off each unit plus porch and front grassy yard
- 0.11‑acre lot
- 2,224 square feet
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
NOI $23,833 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$298.8K
$261.5K – $348.6K
NOI $20,917 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$536.8K
$469.7K – $626.3K
NOI $37,577 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 97535, OR
5,015
Population
2,104
Households
2.4
Avg Household Size
46
Median Age
30%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
1,520
Density / Sq Mi
$60,451
Median Household Income
$35,000
Median Earnings
$1,284
Median Rent
$374,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with heat pump HVAC, central air, and private fenced patio spaces off each unit.
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: Private fenced patio off each unit plus porch and front grassy yard; 0.11‑acre lot; 2,224 square feet
