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$435,000   Price Analysis
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879 State St
North Bend, OR 97459
4 bed 4 bath unknown SqFt ($0/SqFt)
7,700SqFt lot. Built 1951
Listed 2024-03-01, Taxes $2,219
USDA Eligible
near North Bend, OR
 

Welcome to this versatile property offering both comfort and investment potential!

The main home features 2 bds and 1.5 baths, providing cozy living spaces. Additionally, a separate 2-story duplex boasts two units, each with 1 bed and 1 bath, offering excellent rental i ncome opportunities. With ample parking available, accommodating residents and guests is effortless.

Whether you're seeking a comfortable primary residence with rental income potential or a purely investment-focused opportunity, this property delivers on both fronts. Don't miss out on this rare find that combines convenience, flexibility and value!


Presented by Justin Hess at
MORE Realty.
Listing Agent Photo

Property MLS #24104022 from RMLS

Bedrooms: 4

Full Bathrooms: 4

Storage: Basement

Heating Features: Zoned
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Level
Lot Size Acres: 0.1767677
Lot Size Dimensions: 77x100
Lot Size Square Feet: 7700

Road Surface Type: Gravel, Paved

Parking Features: Driveway, OffStreet

View: Seasonal, Territorial
Security Features: SecurityLights

Elementary School: Hillcrest
High School: North Bend
Middle School: North Bend

North Bend Middle School is a public middle school located approximately 0.5 miles away.
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Hillcrest Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

North Bend Senior High School is a public high school located approximately 0.7 miles away.
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Gold Coast Christian School is a private elementary and middle school located approximately 0.2 miles away.
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Gross Income: 37800
Rent Includes: Sewer, TrashCollection, Water

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

LotSizeRange: SqFt7000to9999
Annual Tax Amount: 2243.619999999
Source Listing Status: Active
County: Coos
Cap Rate: 7.54
Directions: 101 south rt on Newmark rt on Sherman left on State
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 5635900
Zoning: R-5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$141,610
$2,219
2021$unknown + $unknown
$137,490
$2,273
2020$unknown + $unknown
$133,490
$2,130
2019$unknown + $unknown
$129,610
$2,037
2018$unknown + $unknown
$125,840
$1,980
2017$unknown + $unknown
$122,180
$1,924
2016$unknown + $unknown
$118,630
$1,866
2015$unknown + $unknown
$115,180
$1,819
2014$unknown + $unknown
$111,830
$1,786
2013$unknown + $unknown
$108,580
$1,738
2012$unknown + $unknown
$105,420
$1,691
2011$unknown + $unknown
$102,350
$1,635
2010$unknown + $unknown
$99,376
$1,585
2009$128,619 + $64,824
$193,443
$1,547

Listed 2024-03-01
$435,000
RMLS
Listing removed 2023-03-29
$425,000
RMLS
Listing removed 2022-08-13
$0
RentRedi
Listed for rent 2022-08-04
$1,250
RentRedi
Sold 2021-10-13
$305,000
Public Record
Sold 2014-02-04
$93,750
Public Record
Listing removed 2012-10-27
$139,900
RMLS
Listed 2012-04-26
$139,900
RMLS
Listing removed 2010-10-04
$159,000
RMLS
Price Changed 2010-06-14
$159,000
RMLS
Listed 2010-04-08
$169,000
RMLS
Sold 1989-06-01
$28,000
Public Record
Sold 1981-01-01
$47,000
Public Record

Net Operating Income: 32800
Operating Expense: 5000

Year Built: 1951
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 73
Property Condition: Approximately
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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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.