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Listed by Stellar Realty Northwest
$499,000
Est. payment /mo
3 Baths
336 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 336 sqft
Price per Sqft $1,485
MLS Listing ID 697706513
Year Built 1954
Annual Tax Amount $2,330
Tax Year 2025
Lot Size 2.520 Acres
Property Description
Mixed-use investment opportunity with multiple income streams and excellent highway visibility on 2.52 acres! This Multi-Family listing highlights the residential rental components, including three occupied land-rental spaces at $400/month each, a 336 sq ft studio cabin, and a mobile home, offering both existing income and additional rental potential. The cabin and mobile home offer potential rental income of $800/month and $1,200/month, respectively. Additional income opportunities come from the 2,404 sq ft commercial building, home to the long-established Tri City Country Club bar. Buyers have the flexibility to take over bar operations or lease the commercial space to the current operator. With plentiful parking, convenient I-5 access, and versatile zoning (primarily C2 with a small R2 portion), this property offers a unique combination of residential and commercial investment potential. See Commercial MLS #714690645 for additional information. Owner carry available with a large down payment. Motivated seller!
Location
State OR
County Douglas
Area _258
Zoning C2 & R2
Rooms
Basement None
Interior
Heating Wall Heater
Cooling Wall Unit
Exterior
View Mountain, Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Myrtle Creek
Middle Schools Coffenberry
High Schools South Umpqua
Others
Acceptable Financing Cash, Other, OwnerWillCarry
Listing Terms Cash, Other, OwnerWillCarry
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NEARBY SCHOOL & BUSINESS