1032 S 4th ST, Coos Bay, OR 97420

  • $699,000

Overview

  • 1930
    Year Built
  • MultiFamily
    Property Type
  • 752915649
    MLS#
  • 0.16 Acres
    Land Area
  • Coastal Sotheby's International Realty
    Office Name
  • Gary Trenner II
    Agent Name

Description

This cash-flowing 7-unit multifamily property in Coos Bay offers solid performance with an 8.61% cap rate, creating a compelling opportunity for investors seeking stable returns along Oregon’s South Coast. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, with numerous improvements completed over the years including metal roofing, upgraded plumbing, individual laundry hookups, unit renovations, and structural additions that enhance both functionality and long-term durability. Lower operating expenses allow the property to maintain strong financial performance while supporting consistent rental demand in a growing coastal market. Located in Coos Bay, a vibrant and growing coastal town situated on a beautiful bay, the property benefits from a lifestyle that attracts residents year-round. The area offers easy access to ATV riding on the Oregon Dunes, world-class golfing at Bandon Dunes, miles of coastal beaches, fishing, boating, and outdoor recreation, making it one of the most desirable communities along Oregon’s South Coast. Part of Oregon’s coastal “banana belt,” known for its milder climate, Coos Bay continues to see steady growth and strong demand for housing. With limited multifamily inventory and increasing interest in coastal living, properties with strong in-place income and reliable performance rarely become available. For investors seeking immediate cash flow and long-term investment stability on the Oregon Coast, this well-positioned 7-unit property represents a compelling opportunity.

Details

Updated on March 7, 2026 at 12:48 am
  • MLS# 752915649
  • Price $699,000
  • Land Area 0.16 Acres
  • Garage Size x x
  • Year Built 1930
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Coastal Sotheby's International Realty
  • Agent Name Gary Trenner II
  • Office Phone 541-516-1850

Additional details

  • Listing Terms Cash, Conventional
  • Roof Membrane, Metal, Rubber
  • Sewer Public Sewer
  • Heating Zoned
  • County Coos
  • Property Type MultiFamily
  • Parking Off Street, On Street
  • Elementary School Coos Bay
  • Middle School Marshfield
  • High School Marshfield

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