$799000
Price cut: $80K (04-01-2025)
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10 Bed
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10 Bath
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4280 SqFt
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213 DOM
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Built: 1930
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Investor Alert! Presenting a rare opportunity to own an 8-unit multifamily property in the heart of Coos Bay—a growing coastal town nestled in Oregon’s coveted “banana belt” known for its milder climate and year-round outdoor lifestyle. This well-maintained asset delivers a strong 8.83% cap rate, making it a standout choice for the smart investor seeking immediate returns and long-term upside. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, all thoughtfully upgraded with individual laundry hookups, metal roofing, modernized plumbing, and more. With current gross rents exceeding $81,000 annually, low operating costs, and projected rent growth, this is a turnkey investment with room to grow. Seize the opportunity to invest in one of the Oregon Coast’s most livable and up-and-coming communities. Opportunities like this don’t last long in areas of smart growth!
Listing Provided Courtesy of Gary Trenner II, Coastal Sotheby's International Realty
General Information
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24498261
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213 DOM
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10
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6969.6 SqFt
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10
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4280
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1930
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R-3
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Coos
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6905200
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Coos Bay
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Coos Bay
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Marshfield
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MultiFamily
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25S-13W-35CB-10100
Listing Provided Courtesy of Gary Trenner II, Coastal Sotheby's International Realty
Mohan Realty Group data last checked: Jul 27, 2025 01:56 | Listing last modified Jun 25, 2025 15:33,
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