333 S OLD PACIFIC HWY
Myrtle Creek, OR 97457
$539,000
Listing Courtesy of: Knipe Realty ERA Powered
Listing Agent: Skye Leach
541-972-0445
Lucrative Investment Opportunity! This 5 unit property grosses approximately $74,340 yearly! It features a triplex, large commercial shop, a separate large home as well as an additional rental apartment all on the same property! Perfect for owner/user investors seeking strong cash flow and a potential business location of their own. Great street frontage, turnkey with established property management running the property, rentals are 100% occupied! Don’t miss this chance to own a versatile, income producing property with room to grow. Property is so large, reach out to agent to see all photos and any other info.
| Listing Id: | 491635899 |
|---|---|
| List Price: | $539,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Bank Owned Yn: | No |
| Building Area Total: | 7,700 |
| Tax Annual Amount: | $2,832 |
| Lot Size Square Feet: | 21,780.0 |
| Lot Size Acres: | 0.5 |
| Waterfront?: | No |
| City: | Myrtle Creek |
| County Or Parish: | Douglas |
| Postal Code: | 97457 |
| Year Built: | 1947 |
| Number Of Units Total: | 6 |
| Basement: | False |
| Basement: | Crawl Space and Storage Space |
| Cooling: | Mini Split and Wall Unit |
| Cooling?: | Yes |
| Country: | US |
| Directions: | Turn into property |
| Disclosures: | Disclosure |
| Elementary School: | Myrtle Creek |
| Exterior Description: | Hard Concrete Stucco, Metal Siding, and T111 Siding |
| Fuel Description: | Electricity and Gas |
| Garage Spaces: | 9.0 |
| Gross Income: | $74,340 |
| Gross Rent Multiplier: | 7.25 |
| Heating: | Forced Air, Wall Furnace, and Wall Heater |
| Heating?: | Yes |
| High School: | Days Creek |
| Hot Sheet Date: | 2026-10-24 |
| Hot Water Description: | Electricity |
| Investor Information: | According To Owner and Incomplete |
| Listing Contract Date: | 2026-10-23 |
| Listing Service: | Full Service |
| Listing Terms: | Call Listing Agent, Cash, and Conventional |
| Lot Features: | Level |
| Lot Size Range: | SqFt20000toAcres1 |
| MLS Area Major: | _258 |
| Middle Or Junior School: | Canyonville |
| Net Operating Income: | $45,591 |
| Offer Instructions: | Sellers Agent Only |
| Operating Expense: | $28,749 |
| Original List Price: | $539,000 |
| Parcel Number: | R28566 |
| Parking Features: | Garage and Rv Access Parking |
| Parking Total: | 10 |
| Price Type: | List Price |
| Property Condition: | Updated Remodeled |
| Rent Includes: | Electricity, Gas, Heat, Sewer, Trash Collection, and Water |
| Road Surface Type: | Gravel |
| Roof: | Built Up and Shingle |
| Sewer: | Public Sewer |
| Status: | Active |
| State Or Province: | OR |
| Storage: | Attached, Garage |
| Stories: | 2 |
| Tax Legal Description: | TRI-CITY TRACTS, LOT 2, ACRES 0.50 |
| Tax Year: | 2024 |
| Unit Type1 Actual Rent: | $1,265 |
| Unit Type1 Area: | 1,000 |
| Unit Type1 Baths Total: | 2 |
| Unit Type1 Beds Total: | 2 |
| Unit Type1 Units Total: | 1 |
| Unit Type2 Area: | 1,000 |
| Unit Type2 Baths Total: | 1.0 |
| Unit Type2 Beds Total: | 2 |
| Unit Type2 Units Total: | 1 |
| Unit Type3 Actual Rent: | $795 |
| Unit Type3 Area: | 600 |
| Unit Type3 Baths Total: | 1 |
| Unit Type3 Beds Total: | 1 |
| Unit Type3 Units Total: | 1 |
| Unit Type4 Actual Rent: | $1,000 |
| Unit Type4 Area: | 600 |
| Unit Type4 Baths Total: | 1 |
| Unit Type4 Beds Total: | 2 |
| Unit Type4 Units Total: | 1 |
| Unit Type5 Area: | 4,000 |
| Unit Type5 Baths Total: | 1 |
| Unit Type5 Units Total: | 1 |
| Unit Type6 Actual Rent: | $1,225 |
| Unit Type6 Area: | 1,000 |
| Unit Type6 Baths Total: | 2 |
| Unit Type6 Beds Total: | 3 |
| Unit Type6 Units Total: | 1 |
| Unit Type - Type: | Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, and Unit Type Type6 |
| View Description: | Mountain, Trees Woods, and Valley |
| View?: | Yes |
| Water Source: | Public Water |
| Zoning: | R2, CC |
| Unreinforced Masonry Bldg: | No |
| Unit Type1 Baths: | 1.1 |
| Unit Type3 Baths: | 1.0 |
| Unit Type4 Baths: | 1.0 |
| Unit Type5 Baths: | 1.0 |
| Unit Type6 Baths: | 1.1 |
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This content last updated on October 24, 2026 11:58 PM - PT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information is believed accurate but not guaranteed.
Property Last Updated: October 24, 2026 11:58 PM - PT
