Sign up to get new listings emailed daily! JOIN SIGN IN
(541) 771-1168
(541) 771-1168 Email (541) 771-1168
Eric Andrews, Principal Broker
REALTOR®
Facebook Icon 

45161 Mckenzie Hwy, Walterville, OR 97489

$1,500,000
SAVE TOUR THIS HOME

48 Photos

Call / Map Listing / Print / Share / Email

Property Description

Rare Opportunity!! 8-unit manufactured home community on 1.60 level acres in the McKenzie River Valley, directly across from the McKenzie River. All eight homes are included and currently rented, producing strong, income with upside. Peaceful country setting short drive to Leaburg Dam, Cougar Reservoir, Tokatee Golf Club and world-class fishing, rafting and hiking, yet and easy drive to Springfield and Eugene. Paved highway frontage, off-street parking, storage sheds and large decks on select homes. Turn-Key investment or owner-operator opportunity. 7 units are new as of 2023 . Brand new Septic System Oct. 2026 Please do not disturb tenants.

45161 Mckenzie Hwy | MLS# 322134560

This multi-family property located at 45161 Mckenzie Hwy, Walterville, OR 97489 is currently listed for sale with an asking price of $1,500,000. Search Walterville real estate on ericandrews.bendpremierrealestate.com today.

New to the Market
MLS#322134560
MAP LISTING

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Ductless
Roof Type: Composition
Taxes: $5,268
Year Built: 2023

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $1075.00
Square Footage: 800
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Microwave, Refrigerator, WasherDryer
Rent: $1196.00
Square Footage: 800
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Microwave, Refrigerator, WasherDryer
Rent: $1395.00
Square Footage: 800
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Microwave, Refrigerator, WasherDryer
Rent: $1525.00
Square Footage: 800
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Microwave, Refrigerator, WasherDryer
Rent: $1296.00
Square Footage: 800
Total Units: 1
Unit Type 6:
Bathroom(s): 2
Bedrooms: 3
Features: AirConditioning, Microwave, Refrigerator, WasherDryer
Rent: $2000.00
Square Footage: 1340
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Refrigerator, WasherDryer
Rent: $1525.00
Square Footage: 800
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Refrigerator, WasherDryer
Rent: $1375.00
Square Footage: 800
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Cement Siding, T-111 Siding
Gross Income: $131178.00 (Actual)
Hot Water: Electricity
Lot: Level, Public Road, Trees
Net Income: $111287.00 (Actual)
Operating Expenses: $19890.00 (Actual)
Parking: Driveway, OffStreet
Parking Notes: Driveway, OffStreet
Sewer: Shared Septic, Standard Septic
Special View Info: Mountain, Trees/Woods
Units: 8
Water: Shared Well

Local Schools

High School: Thurston
Middle School: Thurston
Elementary School: Walterville

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Contact: 458-209-0163

Shown By

Agent Name: Eric Andrews, Principal Broker
Agent Phone: (541) 771-1168
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 8,461.32 per month $7,584.82 Principal & Interest $439.00 Property Tax $437.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Eric Andrews, Principal Broker
Eric Andrews, Principal Broker Office: (541) 323-2779 Cell: (541) 771-1168 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/22/2026. The listing information on this page last changed on 10/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/22/2026 12:01:07 AM EST) or RMLS (last updated Wed 10/21/2026 11:55:34 PM EST) or COAR/MLSCO (last updated Wed 10/21/2026 11:51:21 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  

Login to My Homefinder

Forgot Password

Register