$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
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Status: Active
Love this home?
Investor 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
PDXA1 Realty Group data last checked: Jul 28, 2025 08:13 | Listing last modified Jun 25, 2025 15:33,
Source:
Residence Information
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-
-
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4280
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-
-
-
10
-
-
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10
-
Metal
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-
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OffStreet,OnStreet
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2
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1930
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No
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-
T111Siding, WoodSiding
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Finished,None,PartialBasement
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-
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Finished,None,Partia
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ConcretePerimeter
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Features and Utilities
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-
-
-
-
-
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Electricity
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Zoned
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PublicSewer
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Electricity
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Electricity
Financial
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3144.56
-
-
None
-
-
-
Cash,Conventional
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11-24-2024
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-
No
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No
Comparable Information
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213
-
246
-
-
Cash,Conventional
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$879,000
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$799,000
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-
Jun 25, 2025 15:33
Schools
Map
Listing courtesy of Coastal Sotheby's International Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 28, 2025 08:13 | Listing last modified Jun 25, 2025 15:33.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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