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$449,000   Price Analysis
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589 10th Ave
Coos Bay, OR 97420
7 bed 4 bath unknown SqFt ($0/SqFt)
7,840SqFt lot. Built 1972
Listed 2024-03-29, Taxes $3,748
USDA Eligible
near Coos Bay, OR
 

Welcome to your next investment opportunity in the heart of Eastside neighborhood!

Built in 1972, this meticulously mintained property boasts three units, each offering the perfect blend of comfort and convenience. The main floor features two roomy 744 sq ft units, each offering 2 bedrooms and 1 bath, ideal for comfortable living.

Downstairs, discover a generous 745 sq ft 3-bedroom, 2-bath unit, perfect for extended families or extra rental income. With an attached 7 45 sq ft garage, parking is a breeze. An owner storage unit onsite as well. Don't miss out on this prime real estate gem!


Presented by Justin Hess at
MORE Realty.
Listing Agent Photo

Property MLS #24681798 from RMLS

Bedrooms: 7

Full Bathrooms: 4

Heating Features: Zoned
Heating: Yes

Basement Description: SeparateLivingQuartersApartmentAuxLivingUnit

Lot Description: CornerLot
Lot Size Acres: 0.1799816
Lot Size Square Feet: 7840

Garage Spaces: 1
Parking Features: Driveway, Garage

Road Surface Type: Paved

View: Bay, City
Security Features: SecurityLights

Elementary School: Coos Bay
High School: Marshfield
Middle School: Coos Bay

Millicoma School is a public elementary school located approximately 0.5 miles away.
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Marshfield Senior High School is a public middle and high school located approximately 1.6 miles away.
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Christ Lutheran Church & School is a private elementary and middle school located approximately 2.4 miles away.
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Gross Income: 41400
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 3
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2

LotSizeRange: SqFt7000to9999
Annual Tax Amount: 3810.599999999
Source Listing Status: Active
County: Coos
Cap Rate: 7.45
Directions: East Side, Right at the Coach House, drive to corner of 10th ave, house on left
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 4073100
Zoning: R-3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$213,100
$3,748
2021$unknown + $unknown
$206,900
$3,651
2020$unknown + $unknown
$200,880
$3,548
2019$unknown + $unknown
$195,030
$3,406
2018$139,980 + $49,370
$189,350
$3,271
2017$unknown + $unknown
$183,850
$2,915
2016$124,980 + $44,080
$169,060
$2,621
2015$unknown + $unknown
$178,500
$2,788
2014$unknown + $unknown
$173,310
$2,743
2013$unknown + $unknown
$136,080
$2,160
2012$unknown + $unknown
$132,120
$2,096
2011$unknown + $unknown
$170,650
$2,705
2010$unknown + $unknown
$165,680
$2,636
2009$148,675 + $68,000
$216,675
$2,541
2007$148,675 + $68,000
$216,675
$2,348

Listed 2024-03-29
$449,000
RMLS
Listing removed 2017-10-13
$249,000
RMLS
Relisted 2016-12-03
$249,000
RMLS
Listing removed 2016-11-30
$249,000
RMLS
Listed 2016-03-17
$249,000
RMLS
Listing removed 2015-02-03
$210,000
RMLS
Listed 2014-01-18
$210,000
RMLS
Listing removed 2012-02-20
$205,000
RMLS
Listed 2011-08-19
$205,000
RMLS
Sold 2008-07-07
$179,000
RMLS
Listed 2008-05-05
$179,000
RMLS
Sold 2002-12-16
$147,600
Public Record
Sold 2001-11-30
$140,000
Public Record
Sold 2000-02-25
$115,000
Public Record

Net Operating Income: 33450
Operating Expense: 7950

Year Built: 1972
Building Exterior Type: T111Siding
Foundation Details: Block, ConcretePerimeter
Property Age: 52
Property Condition: Approximately
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.