Duplex with Income
740 E Cascade Avenue Sisters, OR 97759
For Sale
$735,000
MULTI_FAMILY - Sisters, OR
Property Size2,379 SF
Lot Size0.14 Acres
Price / SF$308.95
Days on Market11
Property Features for 740 E Cascade Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Standard status
Active
APN
205364
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
Laminate, Vinyl
Roof type
Composition
Listing Agency:
Stellar Realty Northwest
(541) 508-3148
Listed By:
Eric Bilderback
(541) 508-9672
Added: Jul 20
Changed: Jul 28
Last Checked: Jul 30 at 8:06AM
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 740 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
