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Two-Home Multifamily Property
For Sale
$259,900

411 Wells Rd, Oakland, OR 97462

Main residence pairs with a detached studio for flexible occupancy, rental use, guest quarters, or private workspace.

Property Size1,314 SF
Price / SF$197.79
Days on Market38

Property Features for 411 Wells Rd

General Information

Standard status Active
Size 1,314 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 1 x studio
Multifamily Units 2

Building Details

Year Built 1949
Buildings 2
Listing Agency: RE/MAX Integrity
Listed By: Jennifer Kramer · License #930800223
Source: Christiesrealestateevg
Added: Jul 25 Changed: Aug 30 Last Checked: Aug 30 at 9:40PM

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 RE/MAX Integrity

Investment Insights

Based on property information with market context.

Built in 1949, this multifamily property includes a primary residence and a detached studio on one lot. The main home provides two bedrooms and two bathrooms, with hardwood floors, an open layout, and a kitchen featuring an island, eating bar, tile countertops, stainless steel appliances, and a built-in oven. Additional details include wainscoting, a pellet stove, a granite vanity with copper sink, and dual closets in one bedroom. A new electrical panel was installed in 2025.

The separate 384-square-foot studio has vaulted ceilings, fresh interior paint, attached storage, and a new roof completed in 2025. Located at 411 Wells Rd in Oakland, Oregon, the property supports flexible living arrangements, guest accommodations, rental use, or a private workspace within the historic Oakland setting.

Key Highlights

  • Two homes on one lot, including a primary residence and detached studio
  • Main home offers 2 bedrooms and 2 bathrooms
  • Detached 384‑square‑foot studio with vaulted ceilings and attached storage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 97462, OR

4,130
Population
1,797
Households
2.3
Avg Household Size
52
Median Age
26%
College-Educated
94%
High-School Grad
219.7 sq mi
ZIP Area
19
Density / Sq Mi
$65,032
Median Household Income
$38,338
Median Earnings
$1,205
Median Rent
$377,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Main residence pairs with a detached studio for flexible occupancy, rental use, guest quarters, or private workspace.
Where is this multifamily property located?
The property is located at 411 Wells Rd Oakland, OR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two homes on one lot, including a primary residence and detached studio; Main home offers 2 bedrooms and 2 bathrooms; Detached 384‑square‑foot studio with vaulted ceilings and attached storage
More about this property
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