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About This Home
This 7-bedroom, 4-bathroom residential multi family at 589 10TH Ave in Coosbay, OR is listed for $595,000 ($234 per sqft). Built in 1972, the home offers 2,544 sqft of living space on a 0.18 acres lot.
Investment opportunity in the desirable Eastside neighborhood offering strong rental demand and value add potential. This triplex features a functional unit mix with two 2 bedroom 1 bath units with bay views and one larger 3 bedroom 2 bath unit with garage, providing flexibility for a range of tenant profiles and income strategies.
Each unit offers ground level access with dedicated parking directly in front of the unit, eliminating stairs and increasing overall tenant appeal. A new roof installed in June 2024, 3 new hot water heaters in 2025 as well as electrical and plumbing updates, new flooring in lower unit and new asphalt driveways all to help offset immediate capital expenses for a new owner.
Grossing over $4,100 a month in rent, this is well suited for investors seeking a 1031 exchange replacement property, this asset offers the ability to reposition and build equity over time while benefiting from steady rental demand in the area. 24HR notice, please do not disturb tenants.
Key Features
- Built in 1972
- 0.18 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,182/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
589 10TH Ave
Coosbay, OR 97420
Eastside
Property Details
Views
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 589 10TH Ave is listed at $595,000 ($234/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 0.18 acre lot, 2 stories.
This property is listed by Levi Rider and can be reached at 5412941485 or Levi@PCREteam.com.
