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Two-Unit Duplex with Garages
New
For Sale
$514,000

541 Briarwood Dr, Central Point, OR 97502

Central Point duplex featuring separate living spaces, covered parking, and established occupancy.

Property Size2,060 SF
Price / SF$249.51
Days on Market3

Property Features for 541 Briarwood Dr

General Information

Standard status Active
Size 2,060 SF
Total Parking Spaces 6
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Building Details

Year Built 1996
Listing Agency: Coldwell Banker Sun Country
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 2:36PM

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 Coldwell Banker Sun Country

Investment Insights

Based on property information with market context.

This duplex contains two residential units within 2,060 square feet, with each unit offering two bedrooms, one-and-a-half bathrooms, a spacious living room, and a functional kitchen. The layout places the units alongside separate two-car garages, supporting privacy and convenient vehicle storage. Each residence also has its own carport for additional covered parking.

Built in 1996, the property is located at 541 Briarwood Dr in Central Point, Oregon. Long-term tenants are in place, providing established occupancy for the next owner.

Key Highlights

  • Two‑unit duplex totaling 2,060 square feet
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Separate 2‑car garages create added privacy between units

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,076
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.29%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$441,520 $441.5K
Cap Rate 7%
$315,371 $315.4K
Cap Rate 9%
$245,289 $245.3K
Market Conditions
NOI Build-Up for 2,060 SF 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.
Gross rent
$33.4K $16.20/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$31.5K $15.31/SF
− OpEx
−$9.5K −$4.59/SF
NOI
$22.1K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$441,520
Cap Rate 7%
$315,371
Cap Rate 9%
$245,289

Alternative Uses

Best Use
Multifamily LT 5
$315.4K
$276.0K – $367.9K (±1% cap)
NOI $22,076 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$276.8K
$242.2K – $322.9K (±1% cap)
NOI $19,374 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$497.2K
$435.1K – $580.1K (±1% cap)
NOI $34,806 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service Home Appliance Store Tech Support Center Parking Lot & Garage Florist

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

493
Businesses Nearby

Demographics for 97502, OR

29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
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?
Duplex - Central Point duplex featuring separate living spaces, covered parking, and established occupancy.
Where is this duplex located?
The property is located at 541 Briarwood Dr Central Point, OR.
What is the asking price?
The asking price for this property is $514,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,060 square feet; Each unit includes 2 bedrooms and 1.5 bathrooms; Separate 2‑car garages create added privacy between units
More about this property
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