Whoa! This is like Yosemite's Half Dome; the upside to this investment opportunity is steep! The rents are about half of market rent but then again the building could use some help from the likes of Tim Allen of Home Improvement or Joanna Gaines for you Millennials. The location is super ideal, like Wall Street, only it's Coos Bay. Didn't think you could ever afford a 13-unit apartment building - now you can! 10-units currently occupied. All one-bedroom units, common laundry. No rent increases for 3+ years. Same owner for 35+ years and has been owner managed for 80+ years. Rents include: hot water (natural gas), washer/dryer, (not coin-op), and garbage.
Sold
$360,000
315 S 2nd St, Coos Bay, OR 97420
13beds
5,200sqft
Multi Family
Built in 1930
-- sqft lot
$366,500 Zestimate®
$69/sqft
$-- HOA
What's special
Zillow last checked: 10 hours ago
Listing updated: December 03, 2024 at 05:30am
Listed by:
Randy Hoffine 541-260-2651,
Pacific Properties
Bought with:
Joseph Aguirre, 201012096
Pacific Coast Real Estate & Development, LLC
Source: RMLS (OR),MLS#: 24613061

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Zoned
Appliances
- Included: Range, Refrigerator, Gas Water Heater, Tank Water Heater
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 1
Features
- Stories: 3
- Has view: Yes
- View description: City
Lot
- Size: 6,969 sqft
- Dimensions: appro x 50' x 140'
- Features: Flood Zone, SqFt 7000 to 9999
Details
- Parcel number: 6888200
- Zoning: C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos
Condition
- Fixer
- Year built: 1930
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Coos Bay
- Subdivision: Downtown
HOA & financial
Other financial information
- Total actual rent: 5251
Other
Other facts
- Listing terms: Cash
Services availability

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