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  • $675,000

    1050 S 8th St, Coos Bay, OR 97420

    10beds
    3,850sqft
    : 
    Multi Family
    Built in 1979
    -- sqft lot
    $648,300 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Private storageNew stairsShared laundryNew roofCovered parking
    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!
    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#: 282093169MLS Logo
    Travel times

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    Next available tour time:Today at 2pm

    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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