Great opportunity to own this multi-family, income producing property. Conveniently located off HWY 42 between Coquille and Myrtle Point. Situated on 2.44 acres and boasting of sweeping valley views. Fully functioning rental property, with 2 Duplex's, 4 units total, (2 units per building).Plenty of space for storage and parking with detached shop, carport, and a small garage. Updates to the water system, new roof on 56076. Three of the units have been updated with new vinyl windows, paint, doors, lighting, flooring, and plumbing fixtures. Don't miss out, call today! ROI is based on 660k purchase with 25% down (average conversion rate) with a 7% loan, given current rent and expenses = 17% cap rate is 10%.
Listing Provided Courtesy of Tonya Pitts, eXp Realty LLC
General Information
699627395
123
DOM
9
2.44 acres
4
5057
1932
RR5 C-1
Coos
856600
Lincoln
Coquille 8/10
Coquille 8/10
MultiFamily
2018 484428s-12-18C TL500
Listing Provided Courtesy of Tonya Pitts, eXp Realty LLC
Krishna Realty data last checked: Jun 13, 2025 06:57 | Listing last modified Jun 11, 2025 15:38,
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Residence Information
5057
9
4
Composition
1,
Driveway,OffStreet
2
1932
No
Asbestos, LapSiding
SeparateLivingQuartersApartmentAuxLivingUnit
SeparateLivingQuarte
Block
Features and Utilities
None
Electricity
Zoned
StandardSeptic
Electricity
Electricity
Financial
3457.85
0
None
CallListingAgent,Cash,Conventional
02-08-2025
No
No
Comparable Information
123
125
CallListingAgent,Cash,Conventional
$657,000
$607,000
Jun 11, 2025 15:38
Schools
public Elementary : LincolnN/ARatingspublic Middle : Coquille
8/10Ratingspublic High : Coquille
8/10Ratings
Great opportunity to own this multi-family, income producing property. Conveniently located off HWY 42 between Coquille and Myrtle Point. Situated on 2.44 acres and boasting of sweeping valley views. Fully functioning rental property, with 2 Duplex's, 4 units total, (2 units per building).Plenty of space for storage and parking with detached shop, carport, and a small garage. Updates to the water system, new roof on 56076. Three of the units have been updated with new vinyl windows, paint, doors, lighting, flooring, and plumbing fixtures. Don't miss out, call today! ROI is based on 660k purchase with 25% down (average conversion rate) with a 7% loan, given current rent and expenses = 17% cap rate is 10%.
