About 1050 S 8th
Fully occupied 5-plex in the heart of Coos Bay! Each 2 bed/1 bath unit offers private storage, covered parking, and access to shared laundry—Unit 1 has W/D hookups. Gross income $53,500/year, expenses $18,500/year. 5.2% cap rate at $675K. Tenants are happy to stay! New roof, paint, and gutters, electrical with new panels, and new stairs and banister. Excellent walkability to schools, shopping, and parks. Turn-key investment with strong rental history in a high-demand area. Low vacancy, consistent cash flow, and long-term potential!
Features of 1050 S 8th
| MLS® # | 282093169 |
|---|---|
| Price | $669,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1979 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 1050 S 8th |
|---|---|
| Area | 260 - Coos County |
| City | Coos Bay |
| County | Coos |
| State | OR |
| Zip Code | 97420 |
Amenities
| Parking | Driveway, Carport |
|---|---|
| View | Territorial, Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air - 90% |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | T-111 Siding |
|---|---|
| Lot Description | Level |
| Roof | Metal |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Coos Bay |
|---|---|
| Middle | Coos Bay |
| High | Marshfield |
Additional Information
| Date Listed | April 16th, 2025 |
|---|---|
| Days on Market | 189 |
| Zoning | R-3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MORE Realty |
|---|