Duplex with Income
720 E Cascade Avenue Sisters, OR 97759
New
720 E Cascade Avenue, Sisters, OR, 97759
$735,000
For Sale
$735,000
MULTI_FAMILY - Sisters, OR
Property Size2,379 SF
Lot Size0.14 Acres
Price / SF$308.95
Days on Market3
Property Features for 720 E Cascade Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- APN
- 151004DC06401
- Size
- 2,379 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6202
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Laminate
- Roof type
- Composition
Listing agency
Stellar Realty Northwest
(541) 508-3148
Listed by
Eric Bilderback
(541) 508-9672
Added: Jul 20 Updated: Jul 21 at 3:45PM Checked: Jul 22 at 3:06AM
MLS# 220225697
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex at 720 E Cascade Avenue offers two residential units within approximately 2,379 square feet on a 0.14-acre lot. The seller notes the property can be updated, and that cosmetic repairs and improvements may increase future rental income.
According to the remarks, one unit is owner-occupied, while the other unit is rented for $2,300 per month. The current configuration supports owner-occupant use alongside rental income, with the opportunity to pursue added value through updates.
This is a for-sale residential income property in Sisters, Oregon (97759).
According to the remarks, one unit is owner-occupied, while the other unit is rented for $2,300 per month. The current configuration supports owner-occupant use alongside rental income, with the opportunity to pursue added value through updates.
This is a for-sale residential income property in Sisters, Oregon (97759).
Key Highlights
- Year built 2002
- Public water and public sewer
- Roof is composition shingle
Local 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 | $51.4k | $21.60 |
| − Vacancy | −$3.7k | −$1.56 |
| EGI | $47.7k | $20.04 |
| − OpEx | −$14.3k | −$6.01 |
| NOI | $33.4k | $14.03 |
2,379 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$476.8K
$417.2K – $556.2K
NOI $33,373 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$435.2K
$380.8K – $507.8K
NOI $30,467 @ 7.0% cap · market cap 4.15%
Theoretical Best
Retail
$818.8K
$716.4K – $955.2K
NOI $57,313 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Sisters, OR with one unit owner-occupied and the other rented, per seller remarks.
Where is this duplex located?
The property is located at 720 E Cascade Avenue Sisters, OR.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Year built 2002; Public water and public sewer; Roof is composition shingle
