Two-Unit Duplex with
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 Market49
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:
John L Scott Real Estate Grants Pass
(541) 476-1299
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 16 at 8:19AM
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 John L Scott Real Estate Grants Pass
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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.
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 / Yr
$22,076
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
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
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 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
NOI $22,076 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$276.8K
$242.2K – $322.9K
NOI $19,374 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$497.2K
$435.1K – $580.1K
NOI $34,806 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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
