Duplex With Separate
31534-31536 Easy Ave SW, Albany, OR 97321
For Sale
$749,000
Two residential units include patios, garages, storage, and access to additional detached workspace.
Property Size2,220 SF
Lot Size0.97 Acres
Price / SF$337.39
Days on Market50
Property Features for 31534-31536 Easy Ave SW
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
covered patios
inside utility
built-ins & storage
separate shop
large building with covered RV, shop, and extra 2 bays
Building Details
Year Built
Buildings
Listing Agency:
EXP REALTY, LLC
Listed By:
NANCY KRUSE · License #900600026
(541) 936-2043
Source:
Wisser
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 5 at 7:41PM
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 EXP REALTY, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two matching residential units, each offering 2 bedrooms, 1 bathroom, 1,110 square feet, built-in storage, an inside utility area, a covered patio, and a single-car garage. Combined living area totals 2,220 square feet on a 0.97-acre lot. Gas forced-air heating and central air conditioning were installed in 2019, and the roofs were replaced in 2021. The property was built in 1968.
Additional improvements expand the site's utility beyond the residences. A separate approximately 30-by-24-foot shop includes a covered RV area, workspace, and two additional bays. Located at 31534-31536 Easy Ave SW in Albany, the property combines duplex housing with detached storage and work areas.
Additional improvements expand the site's utility beyond the residences. A separate approximately 30-by-24-foot shop includes a covered RV area, workspace, and two additional bays. Located at 31534-31536 Easy Ave SW in Albany, the property combines duplex housing with detached storage and work areas.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per side
- Each unit measures 1,110 square feet; combined property size is 2,220 square feet
- Set on a 0.97‑acre lot with covered patios and single‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,956
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,120
$419.1K
Cap Rate 7%
$299,371
$299.4K
Cap Rate 9%
$232,844
$232.8K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$30.6K $13.80/SF
− Vacancy
−$699 −$0.31/SF
EGI
$29.9K $13.49/SF
− OpEx
−$9.0K −$4.05/SF
NOI
$21.0K $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%
$419,120
Cap Rate 7%
$299,371
Cap Rate 9%
$232,844
Alternative Uses
Best Use
Multifamily LT 5
$299.4K
$262.0K – $349.3K
NOI $20,956 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$275.8K
$241.3K – $321.8K
NOI $19,305 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$646.7K
$565.9K – $754.5K
NOI $45,271 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 97321, OR
30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Linn County, OR
Properties on Market for Duplexes in Linn County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include patios, garages, storage, and access to additional detached workspace.
Where is this duplex located?
The property is located at 31534-31536 Easy Ave SW Albany, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per side; Each unit measures 1,110 square feet; combined property size is 2,220 square feet; Set on a 0.97‑acre lot with covered patios and single‑car garages
