Fenced Duplex Property with
For Sale
$499,000
92278 CARSON ST, Marcola, OR 97454
Two residences, outbuildings, and additional utility hookups support flexible rural living arrangements.
Days on Market27
Property Features for 92278 CARSON ST
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,158
Building Details
Building Size
2,000 SF
Year Built
1938
Listing Agency:
eXp Realty, LLC
(541) 525-6511
Listed By:
Kimberly Keller
(541) 525-6511
Source:
Worthlandrealestate
Added: Jul 8
Changed: Aug 2
Last Checked: Aug 2 at 12:10PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This duplex property includes a two-story, 3-bedroom primary residence with a pantry/office area, a large bonus laundry room, and original character. A second residence adds flexibility for multigenerational living, guest accommodations, or rental use. Multiple outbuildings, dog kennels, fruit trees, open pasture, and fully fenced grounds are also included.
The property spans over an acre across four separate tax lots and has additional utility hookups already in place. It is located 12 miles from Springfield, with local schools, a grocery store, tavern, and restaurant in the surrounding town setting. Outdoor recreation nearby includes hunting, fishing, and Shotgun Creek. The property is offered as-is, with buyer due diligence required for zoning, lot lines, utilities, permits, buildability, financing, and intended use.
The property spans over an acre across four separate tax lots and has additional utility hookups already in place. It is located 12 miles from Springfield, with local schools, a grocery store, tavern, and restaurant in the surrounding town setting. Outdoor recreation nearby includes hunting, fishing, and Shotgun Creek. The property is offered as-is, with buyer due diligence required for zoning, lot lines, utilities, permits, buildability, financing, and intended use.
Key Highlights
- Duplex property with two residences on over an acre of fully fenced land
- Primary home is a two‑story, 3‑bedroom residence built in 1938
- Four separate tax lots comprise the property
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 | $30.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $28.1k | $14.03 |
| − OpEx | −$8.4k | −$4.21 |
| NOI | $19.6k | $9.82 |
2,000 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$280.5K
$245.4K – $327.3K
NOI $19,635 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$261.1K
$228.5K – $304.7K
NOI $18,279 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$506.0K
$442.7K – $590.3K
NOI $35,418 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 97454, OR
1,382
Population
443
Households
3.1
Avg Household Size
51
Median Age
18%
College-Educated
94%
High-School Grad
60.3 sq mi
ZIP Area
23
Density / Sq Mi
$96,488
Median Household Income
$40,240
Median Earnings
$994
Median Rent
$422,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences, outbuildings, and additional utility hookups support flexible rural living arrangements.
Where is this duplex located?
The property is located at 92278 CARSON ST Marcola, OR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex property with two residences on over an acre of fully fenced land; Primary home is a two‑story, 3‑bedroom residence built in 1938; Four separate tax lots comprise the property
