Search
Updated Single-Story Duplex
For Sale
Contact for pricing
Pending

521 Walnut St, Independence, OR 97351

Two-bedroom units include laundry hookups and private parking.

Property Size1,440 SF
Lot Size0.15 Acres
Days on Market133

Property Features for 521 Walnut St

General Information

Standard status Pending
Size 1,440 SF
Lot size 0.15 Acres
Property subtype Multifamily

Units

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

Amenities

washer/dryer hookups
private driveway/carport

Building Details

Year Built 1960
Buildings 1
Stories 1
Listing Agency: SMI Real Estate
Listed By: Eric Swanson · License #201221479
Source: Crexi
Added: Apr 24 Changed: Sep 2 Last Checked: Sep 3 at 3:17AM

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 SMI Real Estate

Investment Insights

Based on property information with market context.

This single-level duplex contains 1,440 SF of improved space, with 720 SF allocated to each residence. Both units offer a two-bedroom, one-bath layout, washer and dryer connections, and separate driveway access with carport parking. The property was built in 1960 and has received updates to the roofs, windows, exterior doors, interior paint, flooring, kitchens, and bathrooms.

Located at 521 Walnut St in Independence, Oregon, the .15-acre property combines two independent residences with dedicated parking features. The configuration provides a straightforward multifamily setup with refreshed interior and exterior components.

Key Highlights

  • Two‑unit duplex with 1,440 SF of improved space
  • Each residence provides 720 SF with 2 bedrooms and 1 bathroom
  • Built in 1960 with updates to roofs, windows, doors, flooring, kitchens, and baths

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Dental Office Barber Shop

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

374
Businesses Nearby

Demographics for 97351, OR

11,292
Population
3,697
Households
3.1
Avg Household Size
34
Median Age
25%
College-Educated
89%
High-School Grad
52.3 sq mi
ZIP Area
216
Density / Sq Mi
$84,717
Median Household Income
$40,990
Median Earnings
$1,592
Median Rent
$357,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units include laundry hookups and private parking.
Where is this duplex located?
The property is located at 521 Walnut St Independence, OR.
What are key features of this property?
This property features: Two‑unit duplex with 1,440 SF of improved space; Each residence provides 720 SF with 2 bedrooms and 1 bathroom; Built in 1960 with updates to roofs, windows, doors, flooring, kitchens, and baths
(541) 990-3795 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message