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1032 S 4th St, Coos Bay, OR 97420

Local realty services provided by:CENTURY 21 Agate Realty
1032 S 4th St,Coosbay, OR 97420
$799,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gary trenner ii
Office: coastal sotheby's international realty
MLS#:24498261
Source:PORTLAND

Price summary

  • Price:$799,000

About this home

Investor Alert! Presenting a rare opportunity to own an 8-unit multifamily property in the heart of Coos Bay—a growing coastal town nestled in Oregon’s coveted “banana belt” known for its milder climate and year-round outdoor lifestyle. This well-maintained asset delivers a strong 8.83% cap rate, making it a standout choice for the smart investor seeking immediate returns and long-term upside. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, all thoughtfully upgraded with individual laundry hookups, metal roofing, modernized plumbing, and more. With current gross rents exceeding $81,000 annually, low operating costs, and projected rent growth, this is a turnkey investment with room to grow. Seize the opportunity to invest in one of the Oregon Coast’s most livable and up-and-coming communities. Opportunities like this don’t last long in areas of smart growth!

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Home facts

  • Year built:1930
  • Listing ID #:24498261
  • Added:389 day(s) ago
  • Updated:December 17, 2025 at 03:02 PM

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Metal
  • Year built:1930
  • Lot area:0.16 Acres

Schools

  • High school:Marshfield
  • Middle school:Coos Bay
  • Elementary school:Coos Bay

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Tax amount:$3,145 (2024)
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 2025 RMLS, Portland, Oregon. Last updated: December 17, 2025

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