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529 Railroad St, Brookings, OR 97415

Brookings
Local realty services provided by:CENTURY 21 Agate Realty
529 Railroad St,Brookings, OR 97415
$1,245,000
  • - Beds
  • - Baths
  • 6,812 sq. ft.
  • Multi-family
  • Active
Listed by: alex aaronson
Office: john l. scott medford541-779-3611
MLS#:381662052
Source:PORTLAND

Price summary

  • Price:$1,245,000
  • Price per sq. ft.:$182.77

About this home

Attention investors! Housing shortage! Highly profitable, centrally located 8-plex close to the coast & walking distance to the iconic Chetco Point! At list price, this turn-key asset operates at a strong 8%+ CAP Rate (includes projected rent from owners unit). Seven of the units offer spacious 2 bed, 1 bath open floorplans and one of the units is a 1 bed, 1 bath. Coin operated laundry room generates consistent ancillary income. Rents are currently $1325, $1320, $1418, $1450, $1450, $1295, $825.50, & owners remodeled premium unit (beautifully updated in 2022-2023) is expected to rent at $1500 per month. Owner pays for sewer, water, & trash. Each unit has its own power meter (tenants pay for their own electricity) & detached carport includes 1 dedicated covered parking space to each tenant. Owner spared no expense after purchasing this property by painting the exterior, remodeling multiple units, & much more!

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Home facts

  • Year built:1973
  • Listing ID #:381662052
  • Added:93 day(s) ago
  • Updated:October 15, 2026 at 01:09 PM

Rooms and interior

  • Living area:6,812 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Membrane
  • Year built:1973
  • Building area:6,812 sq. ft.
  • Lot Features:Level
  • Foundation Description:Slab
  • Levels:2 Stories

Schools

  • High school:Brookings-Harbr
  • Middle school:Azalea
  • Elementary school:Kalmiopsis

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,245,000
  • Price per sq. ft.:$182.77
  • Tax amount:$3,939 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Carport, Driveway
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 15, 2026 PORTLAND Member Broker: Rebecca Watwood PC

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