Duplex Property with Oversized
For Sale
$525,000
4527 E Evans Creek Road, Rogue River, OR 97537
An attached studio, separate work areas, and substantial shop space complement the home’s multiple kitchen and laundry areas.
Property Size2,781 SF
Lot Size1.50 Acres
Price / SF$188.78
Days on Market151
Property Features for 4527 E Evans Creek Road
General Information
Standard status
Active
Size
2,781 SF
Lot size
1.50 Acres
Property subtype
Manufactured On Land
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,731
Amenities
covered patio
Building Details
Building Size
2,781 SF
Year Built
1985
Construction
manufactured home
Listing Agency:
TopLine Real Estate of Southern Oregon LLC
Listed By:
Matthew Barnes
(541) 601-9968
Source:
Wholeheartrealty
Added: Jun 5
Changed: Nov 1
Last Checked: Nov 1 at 4:03PM
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 TopLine Real Estate of Southern Oregon LLC
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Investment Insights
Based on property information with market context.
This 2,781-square-foot duplex property sits on nearly 1.5 acres and includes a main home with multiple kitchen areas and two laundry spaces. An attached studio has two bedrooms, one bathroom, a kitchenette, and its own entrance. A detached craft room or office and a separate storage building provide additional interior space, while the oversized shop has two large roll-up doors and room for RV storage, work, and general storage.
Outdoor features include a covered patio and a large concrete area behind the home. Built in 1985 as a manufactured home, the property has an engineer’s certification on file confirming hold-downs and block foundation support.
Outdoor features include a covered patio and a large concrete area behind the home. Built in 1985 as a manufactured home, the property has an engineer’s certification on file confirming hold-downs and block foundation support.
Key Highlights
- Nearly 1.5 acres with a 2,781‑square‑foot residence
- Attached 2‑bedroom, 1‑bath studio with kitchenette and private entrance
- Shop has two large roll‑up doors and space for RV storage and work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,802
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,040
$596.0K
Cap Rate 7%
$425,743
$425.7K
Cap Rate 9%
$331,133
$331.1K
Market Conditions
NOI Build-Up for 2,781 SF
Gross rent
$45.1K $16.20/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$42.6K $15.31/SF
− OpEx
−$12.8K −$4.59/SF
NOI
$29.8K $10.72/SF
Area
Jackson County, OR
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,040
Cap Rate 7%
$425,743
Cap Rate 9%
$331,133
Alternative Uses
Best Use
Multifamily LT 5
$425.7K
$372.5K – $496.7K
NOI $29,802 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$373.6K
$326.9K – $435.9K
NOI $26,155 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$671.3K
$587.4K – $783.1K
NOI $46,988 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
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Business Placement
Demographics for 97537, OR
7,371
Population
3,107
Households
2.4
Avg Household Size
53
Median Age
20%
College-Educated
91%
High-School Grad
124.1 sq mi
ZIP Area
59
Density / Sq Mi
$58,445
Median Household Income
$41,623
Median Earnings
$1,161
Median Rent
$362,300
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 - An attached studio, separate work areas, and substantial shop space complement the home’s multiple kitchen and laundry areas.
Where is this duplex located?
The property is located at 4527 E Evans Creek Road Rogue River, OR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Nearly 1.5 acres with a 2,781‑square‑foot residence; Attached 2‑bedroom, 1‑bath studio with kitchenette and private entrance; Shop has two large roll‑up doors and space for RV storage and work
