Investor Alert! Presenting a rare opportunity to own an 8-unit multifamily property in the heart of Coos Bay—a growing coastal town nestled in Oregon’s coveted “banana belt” known for its milder climate and year-round outdoor lifestyle. This well-maintained asset delivers a strong 8.83% cap rate, making it a standout choice for the smart investor seeking immediate returns and long-term upside. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, all thoughtfully upgraded with individual laundry hookups, metal roofing, modernized plumbing, and more. With current gross rents exceeding $81,000 annually, low operating costs, and projected rent growth, this is a turnkey investment with room to grow. Seize the opportunity to invest in one of the Oregon Coast’s most livable and up-and-coming communities. Opportunities like this don’t last long in areas of smart growth!
Listing Provided Courtesy of Gary Trenner II, Coastal Sotheby's International Realty
General Information
24498261
213
DOM
10
6969.6 SqFt
10
4280
1930
R-3
Coos
6905200
Coos Bay
Coos Bay
Marshfield 4/10
MultiFamily
25S-13W-35CB-10100
Listing Provided Courtesy of Gary Trenner II, Coastal Sotheby's International Realty
Krishna Realty data last checked: Jul 25, 2025 23:11 | Listing last modified Jun 25, 2025 15:33,
Source:
Download our Mobile app
Residence Information
4280
10
10
Metal
OffStreet,OnStreet
2
1930
No
T111Siding, WoodSiding
Finished,None,PartialBasement
Finished,None,Partia
ConcretePerimeter
Features and Utilities
Electricity
Zoned
PublicSewer
Electricity
Electricity
Financial
3144.56
None
Cash,Conventional
11-24-2024
No
No
Comparable Information
213
243
Cash,Conventional
$879,000
$799,000
Jun 25, 2025 15:33
Schools
Elementary : Coos BayN/ARatings Middle : Coos Bay N/ARatingspublic High : Marshfield
4/10Ratings
Map
Listing courtesy of Coastal Sotheby's International Realty.
Investor Alert! Presenting a rare opportunity to own an 8-unit multifamily property in the heart of Coos Bay—a growing coastal town nestled in Oregon’s coveted “banana belt” known for its milder climate and year-round outdoor lifestyle. This well-maintained asset delivers a strong 8.83% cap rate, making it a standout choice for the smart investor seeking immediate returns and long-term upside. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, all thoughtfully upgraded with individual laundry hookups, metal roofing, modernized plumbing, and more. With current gross rents exceeding $81,000 annually, low operating costs, and projected rent growth, this is a turnkey investment with room to grow. Seize the opportunity to invest in one of the Oregon Coast’s most livable and up-and-coming communities. Opportunities like this don’t last long in areas of smart growth!
