Fully occupied 5-plex in the heart of Coos Bay! Each 2 bed/1 bath unit offers private storage, covered parking, and access to shared laundry—Unit 1 has W/D hookups. Gross income $53,500/year, expenses $18,500/year. 5.2% cap rate at $675K. Tenants are happy to stay! New roof, paint, and gutters, electrical with new panels, and new stairs and banister. Excellent walkability to schools, shopping, and parks. Turn-key investment with strong rental history in a high-demand area. Low vacancy, consistent cash flow, and long-term potential!
Active
$675,000
1050 S 8th St, Coos Bay, OR 97420
10beds
3,850sqft
Est.:
Multi Family
Built in 1979
-- sqft lot
$648,300 Zestimate®
$175/sqft
$-- HOA
What's special
Private storageNew stairsShared laundryNew roofCovered parking
- 10 days
- on Zillow |
- 523 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 06:28am
Listed by:
Justin Hess 541-239-3639,
MORE Realty,
Earlene Brown 541-297-2323,
MORE Realty
Source: RMLS (OR),MLS#: 282093169

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air 90
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Common Area, Washer Dryer Hookup
Features
- Basement: None
Interior area
- Total structure area: 3,850
- Total interior livable area: 3,850 sqft
Property
Parking
- Parking features: Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 6965000
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Approximately
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, DSL
Community & HOA
Community
- Features: Laundry
- Security: Security Lights, Sidewalk
Location
- Region: Coos Bay
Financial & listing details
- Price per square foot: $175/sqft
- Annual tax amount: $1,433
- Date on market: 4/16/2025
- Listing terms: Cash,Conventional
- Total actual rent: 4485
- Road surface type: Paved
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