Building Details

Year Built 2025

Buildings 1

Stories 2

Listing Agency: PREMIERE PROPERTY GROUP, LLC ALBANY

Listed By: AIMEE MACHUGH · License #201204780 Show Phone

Source: Wisser

Added: Aug 10 Changed: Oct 7 Last Checked: Oct 12 at 11:28PM

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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 PREMIERE PROPERTY GROUP, LLC ALBANY

Investment Insights

Based on property information with market context.

Completed in 2025, this two-story duplex contains 3,316 square feet, with 1,658 square feet on each side. Each unit includes three bedrooms, a primary bedroom with a walk-in closet, two full bathrooms upstairs, and a powder room on the main level. The kitchens feature islands and granite countertops, while single-car garages provide dedicated parking and storage.

The north-side unit is leased, and the south-side unit remains in brand-new condition for an owner occupant or future tenant. Located at 441 & 443 Denver St SE in Albany, Oregon, the property presents a two-unit residential configuration with distinct living spaces and attached garages.

Key Highlights

• 2025‑built duplex with 3,316 total square feet
• Each side contains 1,658 square feet with three bedrooms
• Two full bathrooms upstairs plus a main‑level powder room per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,302

Cap Rate

4.98%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$626,040 $626.0K

Cap Rate 7%

$447,171 $447.2K

Cap Rate 9%

$347,800 $347.8K

Market Conditions

NOI Build-Up for 3,316 SF

Gross rent

$45.8K $13.80/SF

− Vacancy

−$1.0K −$0.31/SF

EGI

$44.7K $13.49/SF

− OpEx

−$13.4K −$4.05/SF

NOI

$31.3K $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%

$626,040

Cap Rate 7%

$447,171

Cap Rate 9%

$347,800

Alternative Uses

Best Use

Multifamily LT 5

$447.2K

$391.3K – $521.7K (±1% cap)

NOI $31,302 @ 7.0% cap · market cap 4.98%

Second Best

Apartment 5plus

$411.9K

$360.5K – $480.6K (±1% cap)

NOI $28,836 @ 7.0% cap · market cap 4.58%

Theoretical Best

Office A

$966.0K

$845.3K – $1.13M (±1% cap)

NOI $67,621 @ 7.0% cap · market cap 10.75%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Travel Agency

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

1,052

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two-story duplex with granite kitchens, private bedroom suites, and one finished unit available for occupancy.

Where is this duplex located?

The property is located at 441 & 443 Denver St SE Albany, OR.

What is the asking price?

The asking price for this property is $629,000.

What are key features of this property?

This property features: 2025‑built duplex with 3,316 total square feet; Each side contains 1,658 square feet with three bedrooms; Two full bathrooms upstairs plus a main‑level powder room per unit