589 10TH AVE, Coos Bay, OR 97420 | MLS #216102629 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Pacific Coast Real Estate & Development, LLCMLS# 216102629MLS ProviderContact Information: 541-294-1485
  • 64 days on site
  • 2 views

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.

Source: Regional MLS, MLS#: 216102629

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  • Property Type
    Residential Income
  • Lot
    0.18 acres

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  • Median Age
    44
  • Population Density
    109
  • College Educated
    29%
  • Estimated Median Income
    $52,447
  • Estimated Total Home Owners
    7,924
  • Estimated Total Renters
    4,168
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    27,906
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/23/2026Source: Regional MLS Status Change
Pending
6/16/2026Source: Regional MLS Price Reduction
$560,000 -5.9%
5/20/2026Source: Regional MLS Price Increase
$595,000 9.2%
5/20/2026Source: Regional MLS Status Change
Active
5/6/2026Source: Regional MLS Status Change
Pending
4/26/2026Source: Regional MLS Added to Database
April 26, 2026
1/31/2025Source: Regional MLS Status Change
Sold
10/22/2024Source: Regional MLS Status Change
Pending
7/2/2024Source: Regional MLS Price Increase
$459,000 2.2%
6/25/2024Source: Regional MLS Status Change
Active
5/28/2024Source: Regional MLS Status Change
Pending
3/29/2024Source: Regional MLS Added to Database
March 29, 2024