Spacious islandsCozy fireplacesSleek modern aestheticPrivate balconiesVaulted ceilingsStainless steel appliancesGranite countertops
Modern Luxury Fourplex | $119,400 Projected Annual Income | Turnkey, Fully Furnished Investment Near the Rogue River & Oregon Coast. An exceptional investment opportunity on the stunning Southern Oregon Coast—this beautifully built 2019 fourplex blends modern luxury with strong, proven income. Each of the four units offers 2 bedrooms, 2 bathrooms, and comfortably sleeps six, making this property perfectly positioned for short-term, mid-term, or long-term rentals. Currently, three units operate as short-term rentals with extended-stay guests, and one unit is leased long-term—creating immediate, stable cash flow with a current annual income of $119,400. Designed with high-end finishes throughout, every unit features vaulted ceilings, expansive high windows that flood the interiors with natural light, private balconies, and cozy fireplaces. The kitchens are appointed with granite countertops, spacious islands, and stainless steel appliances, all complemented by fully furnished interiors curated with quality and comfort in mind. Each unit also includes its own private garage—an uncommon and highly desirable amenity for multifamily properties. Built in 2019 with a sleek, modern aesthetic, this multifamily property offers low-maintenance construction and long-term durability. Its prime location near the hospital makes it especially attractive for traveling nurses and medical professionals, while proximity to downtown, restaurants, and the scenic Rogue River enhances its appeal to vacationers and extended-stay guests alike. Just minutes from the breathtaking Oregon Coast, tenants and visitors enjoy world-class outdoor recreation, fishing, beaches, and coastal charm. Whether you’re seeking a turnkey luxury investment, a high-performing short-term rental portfolio, or a flexible multifamily asset with diverse income streams, this property delivers modern design, premium amenities, and exceptional income potential. Photos show units D and A.
158 days
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112
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5
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Zillow last checked:
Listing updated:
Listed by:
Ron Reel PhD541-244-8118,
Premier Ocean Properties,
Susan Oliver541-254-4462,
Premier Ocean Properties
Source: RMLS (OR),MLS#: 767333865
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8
Heating
Ductless, Fireplace(s)
Cooling
Heat Pump
Appliances
Included: Washer/Dryer, Refrigerator, Electric Water Heater
Features
Flooring: Hardwood
Basement: Finished
Interior area
Total structure area: 5,112
Total interior livable area: 5,112 sqft
Property
Parking
Total spaces: 4
Parking features: Garage, Garage Door Opener
Garage spaces: 4
Has uncovered spaces: Yes
Features
Has view: Yes
View description: City, Mountain(s), Ocean
Has water view: Yes
Water view: Ocean
Lot
Size: 0.51 Acres
Features: Brush, Corner Lot, Cul-De-Sac, Level, Ocean Beach One Quarter Mile Or Less, Trees, SqFt 20000 to Acres1
Details
Parcel number: R21253
Zoning: 3R
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Cement Siding
Foundation: Slab
Roof: Membrane
Condition
Updated/Remodeled
Year built: 2019
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected
Community & HOA
Community
Features: All Landscaping, Front Yard Landscaping
Security: Entry, Fire Sprinkler System, Security Lights, Sidewalk
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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