48251/48247 E COMMERCIAL St, Oakridge, OR 97463
MULTI_FAMILY - Oakridge, OR
- Added:
- Apr 20, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 48251/48247 E COMMERCIAL St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Standard status
- Active
- APN
- 0951986
- Size
- 4,565 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- 2135161308200 & 2135161308100
- Tax Annual Amount
- 3404
Utilities
- Heating system
- Ductless (Heating)
Building Details
- Year built
- 2001
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent Aaron Stansbury License #201217870 (503) 396-1787
Listing office Keller Williams Realty Eugene and Springfield 2645 Suzanne Way Suite 2A, Eugene, OR (541) 431-6480
Listing date Apr 20, 2026
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.
HighLights
- Built in 2001 with shingle roof and ductless heating
- Flexible layout with 2 kitchens, plus an additional wet bar with refrigerator
- 3‑bedroom home with multiple expansive living spaces
- Currently recognized as a duplex, offering added versatility
- Large interior spaces and a massive garage/shop area ready for customization
Overview
The property is located in Oakridge, Oregon at 48251/48247 E Commercial St. Zoning is listed as R1. The public remarks indicate the surrounding area is identified for future commercial and mixed-use evolution, and the neighborhood includes a mix of residential and commercial uses.
For tenants, buyers, and owner-operators seeking flexible space, the combination of multiple living areas, kitchen and wet bar features, and a large garage/workshop may support multi-generational arrangements, a live/work setup, or other creative uses alongside duplex-style occupancy. While the property is currently recognized as a duplex, its configuration also allows for tailoring the interior to the next operator’s needs, subject to applicable zoning and permitting requirements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.3k | $22.20 |
| − Vacancy | −$17.0k | −$3.73 |
| EGI | $84.3k | $18.47 |
| − OpEx | −$21.1k | −$4.62 |
| NOI | $63.2k | $13.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakridge
- County
- Lane
- State
- Oregon
- Longitude
- -122.459478
- Latitude
- 43.747116
