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  • $799,000

    1032 S 4th St, Coos Bay, OR 97420

    10beds
    4,280sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $-- HOA

    What's special

    Modernized plumbingMetal roofingIndividual laundry hookups
    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!
    252 days
    on Zillow
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    250
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    12
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    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 08:33am

    Listed by:

    Gary Trenner II 808-213-4484,

    Coastal Sotheby's International Realty

    Source: RMLS (OR),MLS#: 24498261MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1032 S 4th St.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Zoned
    Appliances
    • Included: Electric Water Heater
    • Laundry: Common Area, Washer Dryer Hookup
    Features
    • Basement: Finished,None,Partial
    Interior area
    • Total structure area: 4,280
    • Total interior livable area: 4,280 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Bay, City
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 6,969.6 Square Feet
    • Dimensions: 50 x 140
    • Features: Level, Sloped, SqFt 7000 to 9999
    Details
    • Parcel number: 6905200
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Laundry
    Location
    • Region: Coos Bay

    Financial & listing details

    • Price per square foot: $187/sqft
    • Annual tax amount: $3,144
    • Date on market: 11/24/2024
    • Listing terms: Cash,Conventional
    • Total actual rent: 6815
    • Road surface type: Paved
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