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Listed by Pacific Coast Real Estate & Development, LLC • 541-294-1485
$ 595,000
Est. payment /mo
Active
589 10TH AVE Coos Bay, OR 97420
2,544 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $233
Subdivision Eastside
MLS Listing ID 216102629
Year Built 1972
Annual Tax Amount $3,990
Tax Year 2025
Lot Size 7,840 Sqft
Property Description
Investment opportunity in the desirable Eastside neighborhood offering strong rental demand and value add potential. This triplex features a functional unit mix with two 2 bedroom 1 bath units with bay views and one larger 3 bedroom 2 bath unit with garage, providing flexibility for a range of tenant profiles and income strategies. Each unit offers ground level access with dedicated parking directly in front of the unit, eliminating stairs and increasing overall tenant appeal. A new roof installed in June 2024, 3 new hot water heaters in 2025 as well as electrical and plumbing updates, new flooring in lower unit and new asphalt driveways all to help offset immediate capital expenses for a new owner. Grossing over $4,100 a month in rent, this is well suited for investors seeking a 1031 exchange replacement property, this asset offers the ability to reposition and build equity over time while benefiting from steady rental demand in the area. 24HR notice, please do not disturb tenants.
Location
State OR
County Coos
Area _260
Zoning R-3
Interior
Heating Wall Heater
Exterior
Garage Spaces 1.0
View Bay, City
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Millicoma
Middle Schools Marshfield
High Schools Marshfield
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
