Oregon
Coos Bay
1050 S 8th

$675,000

1050 S 8th, Coos Bay, OR 97420

Multi-Family Home
Built in 1979
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Fully occupied 5-plex in the heart of Coos Bay! Each 2 bed/1 bath unit offers private storage, covered parking, and access to shared laundry—Unit 1 has W/D hookups. Gross income $53,500/year, expenses $18,500/year. 5.2% cap rate at $675K. Tenants are happy to stay! New roof, paint, and gutters, electrical with new panels, and new stairs and banister. Excellent walkability to schools, shopping, and parks. Turn-key investment with strong rental history in a high-demand area. Low vacancy, consistent cash flow, and long-term potential!

Listing Status:: Active
Date Added:: April 16, 2025 at 05:00AM
Listing Office:: MORE Realty : 503-353-6673
Listing Agent:: Justin Hess : 541-239-3639
MLS ID:: 282093169

Basement: None
Heating: Forced air 90

This listing courtesy of Justin Hess, MORE Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lighthouse Charter School

62858 Highway 101, Coos Bay, OR, 97420

Grades KG-8

1.02 miles away

Marshfield High School

10th & Ingersoll, Coos Bay, OR, 97420

Grades 8-12

0.23 miles away

Marshfield High School

10th & Ingersoll, Coos Bay, OR, 97420

Grades 8-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.