WOW! Two homes for the price of one! Plenty of possibilities with this multi-family investment opportunity. Sitting on nearly an acre just outside Myrtle Creek city limits, this flat and fully usable rural lot—with a small seasonal stream—offers a great setup for investors or multi-generational living. Currently bringing in $3,100 in rental income, both homes are occupied and generating great cash flow! Recent updates include newer roofs, exterior paint, siding, and vinyl windows. Inside, you'll find durable laminate flooring throughout. The first home features 3 bedrooms and 1 bath, while the second offers 2 bedrooms and 1 bath, both with practical layouts and great rental history. Whether you continue renting, live in one and rent the other, or create a shared living space, this is a smart buy with options to fit your needs! Add this unique property to your portfolio before it's gone!
Pending
$249,900
119 Forest Rd, Myrtle Creek, OR 97457
3beds
1,280sqft
Est.:
Residential, Single Family Residence
Built in 1961
0.99 Acres Lot
$242,300 Zestimate®
$195/sqft
$-- HOA
What's special
Practical layoutsSmall seasonal streamExterior paintVinyl windowsDurable laminate flooringNewer roofs
- 285 days |
- 70 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 04:22am
Listed by:
Anthony Beckham 541-236-2662,
Different Better Real Estate,
Audra Yates 541-236-0046,
Different Better Real Estate
Source: RMLS (OR),MLS#: 364445597
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Laminate Flooring
- Level: Main
Bedroom 2
- Features: Laminate Flooring
- Level: Main
Kitchen
- Features: Laminate Flooring
- Level: Main
Living room
- Features: Laminate Flooring
- Level: Main
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Range Hood, Electric Water Heater
- Laundry: Laundry Room
Features
- Flooring: Laminate
- Windows: Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Yard
- Has view: Yes
- View description: Trees/Woods, Valley
Lot
- Size: 0.99 Acres
- Features: Level, SqFt 20000 to Acres1
Details
- Additional structures: Other Structures Bedrooms Total (2), Other Structures Bathrooms Total (1), SecondResidence, SecondResidencenull
- Parcel number: R61621
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding, T111 Siding
- Foundation: Pillar/Post/Pier, Crawl Space
- Roof: Composition,Metal
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Standard Septic
- Water: Public
- Utilities for property: Cable Connected, Satellite Internet Service
Community & HOA
HOA
- Has HOA: No
Location
- Region: Myrtle Creek
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $221,928
- Annual tax amount: $1,098
- Date on market: 3/13/2025
- Cumulative days on market: 285 days
- Listing terms: Cash
- Road surface type: Gravel, Paved
Estimated market value
$242,300
$230,000 - $254,000
$1,581/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Pending sale | $249,900$195/sqft |
Source:  RMLS (OR) #364445597 Report a problem | ||
| 11/1/2025 | Listed for sale | $249,900$195/sqft |
Source: RMLS (OR) #364445597 Report a problem | ||
| 10/23/2025 | Pending sale | $249,900$195/sqft |
Source: RMLS (OR) #364445597 Report a problem | ||
| 10/7/2025 | Listed for sale | $249,900$195/sqft |
Source: RMLS (OR) #364445597 Report a problem | ||
| 9/26/2025 | Pending sale | $249,900$195/sqft |
Source: RMLS (OR) #364445597 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,099 +2.8% | $140,266 +3% |
| 2023 | $1,069 +2.8% | $136,181 +3% |
| 2022 | $1,039 +2.8% | $132,215 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,187/mo
Principal & interest
$969
Property taxes
$131
Home insurance
$87
Climate risks
Neighborhood: 97457
Nearby schools
GreatSchools rating
- 3/10Myrtle Creek Elementary SchoolGrades: PK-5Distance: 1 mi
- 1/10Coffenberry Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10South Umpqua High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Myrtle Creek
- Middle: Coffenberry
- High: South Umpqua
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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