Lebanon Duplex with Income
580 Manor 590 Manor Way Wy Lebanon, OR 97355
For Sale
$430,000
Duplex in Lebanon with two units, garages, and income potential.
Property Size1,720 SF
Price / SF$250
Days on Market334
Property Features for 580 Manor 590 Manor Way Wy
General Information
- Standard status
- Active
- Size
- 1,720 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1978
Listing Agency:
Keller Williams Realty
(541) 409-2106
Listed By:
Sherri Gregory · License #970300073
(541) 409-2106
Source:
Kw
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 24 at 8:03PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This duplex is located on a quiet cul-de-sac in Lebanon. Each of the two units features 2 bedrooms, 1 bathroom, washer/dryer hookups, and an attached single-car garage with extra storage. The property offers flexibility and strong income potential, suitable for either owner-occupancy with rental income or leasing both units. The property size is 1720 square feet. Its location provides convenient access to I-5, making it a potentially attractive opportunity for both homeowners and investors.
Key Highlights
- Strong income potential from renting both units.
- Flexibility to live in one unit and rent the other.
- Convenient location near I‑5.
Financial Insights For Multifamily LT 5
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 | $23.7k | $13.80 |
| − Vacancy | −$541 | −$0.31 |
| EGI | $23.2k | $13.49 |
| − OpEx | −$7.0k | −$4.05 |
| NOI | $16.2k | $9.44 |
1,720 SF · lease $13.80/SF/yr · vacancy 2.28% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.9K
$203.0K – $270.6K
NOI $16,236 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$213.7K
$187.0K – $249.3K
NOI $14,957 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$501.1K
$438.4K – $584.6K
NOI $35,075 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex in Lebanon with two units, garages, and income potential.
Where is this duplex located?
The property is located at 580 Manor 590 Manor Way Wy Lebanon, OR.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Strong income potential from renting both units.; Flexibility to live in one unit and rent the other.; Convenient location near I‑5.
