Duplex with Attached
For Sale
$749,900
2476 Roll Tide Ct, Lebanon, OR 97355
MultiFamily, Lebanon, OR
Property Size4,313 SF
Lot Size0.19 Acres
Price / SF$173.87
Days on Market345
Property Features for 2476 Roll Tide Ct
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
RM
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2
View
Territorial, Lake
Elementary school
Riverview
Middle school
Seven Oak
High school
Lebanon
Directions
From S Santiam Hwy 20, head E on Russel Dr. , Straight onto River Dr., on left after 0.6 miles
Subdivision
_221
Standard status
Active
APN
0947313
Size
4,313 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
12S02W14DD
Tax Annual Amount
948
Legal Description
12S02W14DD
Utilities
Heating system
Forced Air
Cooling system
Heat Pump, Central Air
Water front features
Creek
Water front
1
Amenities
attached garages
spacious rear patios
fully fenced private backyards
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Roof type
Composition
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Real Estate Professionals
(503) 371-3013
Listed By:
Mark Shadrin · License #201215479
(503) 983-4405
Added: Nov 21, 2025
Changed: Oct 30
Last Checked: Nov 1 at 2:06PM
MLS# 711029103
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.
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Investment Insights
Based on property information with market context.
This RM-zoned duplex is under construction and contains two residences with 4,313 square feet of combined living space, excluding garages; each unit measures 2,156 square feet. Both homes have three bedrooms, 2.5 bathrooms, open-concept layouts, high ceilings, and oversized windows. Kitchens include quartz countertops, shaker cabinetry, stainless steel appliances, islands, and storage. Each primary suite has a private bathroom with dual vanities and quartz countertops. Central heating and air conditioning, an attached garage, a rear patio, and a fenced backyard serve each unit.
The property sits on a 0.19-acre lot and has a creek listed among its waterfront features. The stated 2026 year built reflects the property's construction timeline. Nearby outdoor destinations named for the area include the South Santiam River, Cheadle Lake Park, Riverview Park, and paved walking and biking trails, including the North Shore Trail.
The property sits on a 0.19-acre lot and has a creek listed among its waterfront features. The stated 2026 year built reflects the property's construction timeline. Nearby outdoor destinations named for the area include the South Santiam River, Cheadle Lake Park, Riverview Park, and paved walking and biking trails, including the North Shore Trail.
Key Highlights
- Two residences with 4,313 square feet of combined living space, excluding garages
- Each unit has 2,156 square feet, three bedrooms, and 2.5 bathrooms
- 0.19‑acre lot with creek listed as a waterfront feature
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,714
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,280
$814.3K
Cap Rate 7%
$581,629
$581.6K
Cap Rate 9%
$452,378
$452.4K
Market Conditions
NOI Build-Up for 4,313 SF
Gross rent
$59.5K $13.80/SF
− Vacancy
−$1.4K −$0.31/SF
EGI
$58.2K $13.49/SF
− OpEx
−$17.4K −$4.05/SF
NOI
$40.7K $9.44/SF
Area
Linn County, OR
Vacancy
2.28%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,280
Cap Rate 7%
$581,629
Cap Rate 9%
$452,378
Alternative Uses
Best Use
Multifamily LT 5
$581.6K
$508.9K – $678.6K
NOI $40,714 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$535.8K
$468.8K – $625.1K
NOI $37,507 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,952 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
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Business Placement
Demographics for 97355, OR
32,413
Population
13,623
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
91%
High-School Grad
214.3 sq mi
ZIP Area
151
Density / Sq Mi
$64,307
Median Household Income
$39,934
Median Earnings
$1,267
Median Rent
$332,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes an open living area, a fenced backyard, and a rear patio.
Where is this duplex located?
The property is located at 2476 Roll Tide Ct Lebanon, OR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two residences with 4,313 square feet of combined living space, excluding garages; Each unit has 2,156 square feet, three bedrooms, and 2.5 bathrooms; 0.19‑acre lot with creek listed as a waterfront feature
