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172 S Old Pacific, Tri City, OR 97457

Tri City
Local realty services provided by:CENTURY 21 North Homes Realty
172 S Old Pacific,Myrtlecreek, OR 97457
$499,000
  • - Beds
  • - Baths
  • 336 sq. ft.
  • Multi-family
  • Active
Listed by: najla slater
Office: stellar realty northwest541-236-0337
MLS#:697706513
Source:PORTLAND

Price summary

  • Price:$499,000
  • Price per sq. ft.:$1,485.12

About this home

Prime mixed-use income property with highway frontage and multiple revenue streams on 2.52 acres! 10% cap rate on rental income alone. This Multi-Family listing highlights the residential income components: a 336 sq ft studio cabin rented at $800/month and four long-term rental spaces (tenant-owned units) at $400/month each, while additional rental income comes from the 2,404 sq ft tavern/bar. Currently operated as the established Tri City Country Club, this space offers exceptional visibility, dedicated parking, and longstanding local activity, creating a rare opportunity to own and operate a local landmark. Current owner is willing to sign a lease to remain in the commercial space or transition operations to a new owner. Most of the property is zoned C2 with a small R2 portion, offering a wide range of potential uses and income opportunities. Call your agent for additional details. With established residential income, an active commercial component, and flexible zoning that allows...

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Home facts

  • Year built:1954
  • Listing ID #:697706513
  • Added:303 day(s) ago
  • Updated:September 14, 2026 at 11:55 AM

Rooms and interior

  • Living area:336 sq. ft.

Heating and cooling

  • Cooling:Wall Unit

Structure and exterior

  • Roof:Composition
  • Year built:1954
  • Building area:336 sq. ft.
  • Lot area:2.52 Acres
  • Lot Features:Level
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:South Umpqua
  • Middle school:Coffenberry
  • Elementary school:Myrtle Creek

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$1,485.12
  • Tax amount:$2,331 (2025)

Parking

  • Parking description:Driveway, Off Street
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 North Homes 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: September 14, 2026 PORTLAND Member Broker: Patrick Smith

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