Listing Courtesy of: Triple Oaks Realty LLC
Listing Agent: Melissa Stiltner
541-225-8815
Prime Mixed-Use Investment Opportunity in Old Town Reedsport – 6 Units with Incredible Income & Upside! Welcome to an exceptional multi-use investment property located just one block from charming Old Town Reedsport! Priced at $995,000, this fully renovated 6-unit property delivers stellar monthly gross rents with even more room to grow. Featuring a versatile 6-unit mix comprised of 5 residential units and 1 commercial space, this asset is designed for strong cash flow right out of the gate. Most units have been meticulously updated with modern finishes, luxury flooring, and contemporary kitchens and baths, minimizing deferred maintenance for the new owner. Fully renovated features throughout attract high-quality tenants and command top-tier market rents. The Commercial Space features a convenient bathroom and dedicated office area. Situated in a high-visibility, pedestrian-friendly area just steps away from Old Town Reedsport’s local shopping, dining, and scenic waterfront views. Don't miss out on this high-performing coastal income property. Schedule your tour today!
| Listing Id: | 414753101 |
|---|---|
| List Price: | $995,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Bank Owned Yn: | No |
| Building Area Total: | 4,672 |
| Tax Annual Amount: | $4,729 |
| Lot Size Square Feet: | 4,356.0 |
| Lot Size Acres: | 0.1 |
| Waterfront?: | No |
| City: | Reedsport |
| County Or Parish: | Douglas |
| Postal Code: | 97467 |
| Year Built: | 1964 |
| Number Of Units Total: | 6 |
| Basement: | False |
| Basement: | None |
| Community Features: | Laundry |
| Cooling: | None |
| Country: | US |
| Directions: | S Second St to Winchester Ave |
| Disclosures: | Disclosure |
| Elementary School: | Highland |
| Exterior Description: | Brick and Wood Siding |
| Foundation Details: | Slab |
| Fuel Description: | Electricity |
| Gross Income: | $91,080 |
| Gross Rent Multiplier: | 10.92 |
| Heating: | Wall Heater |
| High School: | Reedsport |
| Hot Sheet Date: | 2026-08-27 |
| Hot Water Description: | Electricity |
| Investor Information: | According To Owner, Leases, and Rent Records |
| Listing Contract Date: | 2026-08-27 |
| Listing Service: | Full Service |
| Listing Terms: | Cash and Conventional |
| Lot Features: | Corner Lot and Level |
| Lot Size Range: | SqFt3000to4999 |
| MLS Area Major: | _265 |
| Middle Or Junior School: | Reedsport |
| Net Operating Income: | $81,108 |
| Offer Instructions: | Call Sellers Agent |
| Operating Expense: | $9,972 |
| Original List Price: | $995,000 |
| Parcel Number: | R10363 |
| Parking Features: | Carport and On Street |
| Price Type: | List Price |
| Property Condition: | Updated Remodeled |
| Rent Includes: | Electricity and Water |
| Road Surface Type: | Paved |
| Roof: | Membrane |
| Sewer: | Public Sewer |
| Status: | Active |
| State Or Province: | OR |
| Stories: | 2 |
| Tax Legal Description: | REEDSPORT AMENDED R/R ADD, BLOCK 104, LOT N1/2 OF 6, ACRES 0.1, N |
| Tax Year: | 2025 |
| Unit Type1 Actual Rent: | $2,250 |
| Unit Type1 Area: | 1,000 |
| Unit Type1 Baths Total: | 2 |
| Unit Type1 Beds Total: | 3 |
| Unit Type1 Features: | Microwave, Range, Refrigerator, and Washer Dryer |
| Unit Type1 Units Total: | 1 |
| Unit Type2 Area: | 700 |
| Unit Type2 Baths Total: | 1.0 |
| Unit Type2 Beds Total: | 1 |
| Unit Type2 Features: | Microwave, Range, and Refrigerator |
| Unit Type2 Units Total: | 1 |
| Unit Type3 Actual Rent: | $500 |
| Unit Type3 Area: | 700 |
| Unit Type3 Baths Total: | 1 |
| Unit Type3 Beds Total: | 1 |
| Unit Type3 Features: | Microwave, Range, and Refrigerator |
| Unit Type3 Units Total: | 1 |
| Unit Type4 Actual Rent: | $915 |
| Unit Type4 Area: | 850 |
| Unit Type4 Baths Total: | 1 |
| Unit Type4 Beds Total: | 2 |
| Unit Type4 Features: | Microwave, Range, and Refrigerator |
| Unit Type4 Units Total: | 1 |
| Unit Type5 Area: | 700 |
| Unit Type5 Baths Total: | 1 |
| Unit Type5 Beds Total: | 1 |
| Unit Type5 Features: | Microwave, Range, and Refrigerator |
| Unit Type5 Units Total: | 1 |
| Unit Type6 Actual Rent: | $850 |
| Unit Type6 Area: | 700 |
| Unit Type6 Baths Total: | 1 |
| 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 |
| Water Source: | Public Water |
| Zoning: | Com/Res |
| Unit Type1 Baths: | 2.0 |
| Unit Type3 Baths: | 1.0 |
| Unit Type4 Baths: | 1.0 |
| Unit Type5 Baths: | 1.0 |
| Unit Type6 Baths: | 1.0 |
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This content last updated on October 08, 2026 03:06 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 08, 2026 03:06 PM - PT
