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Tri-City Multifamily Home for Sale

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    $589,900

    • 8 Beds
    • 6 Baths
    • 7,700 Sq Ft

    333 S Old Pacific Hwy, Myrtle Creek, OR 97457

    Major price reduction, Opportunity! This 7 unit property grosses approximately $82,140 yearly and features a triplex, large commercial shop, 2 separated rental units, and 2 rented RV spaces! Perfect for owner/user investors seeking strong cash flow and a potential business location in the giant shop. Additional square footage to convert into more units may be possible. Premium street frontage,

    Skye Leach Knipe Realty ERA Powered

    333 S Old Pacific Hwy, Myrtle Creek, OR 97457

Why Live in Tri-City

Tri-City in Myrtle Creek features newly constructed manufactured homes and contemporary houses with Tudor elements, providing a range of options for potential homebuyers. The neighborhood, situated at an elevation of over 700 feet, offers residents picturesque mountain views. While Tri-City lacks traditional parks, outdoor activities are centered around the South Umpqua River, where fishing and boating are popular. Nearby, Evergreen Park and Millsite Park in Myrtle Creek offer additional recreational facilities, including playgrounds, tennis courts, and an amphitheater. For daily needs, Grocery Outlet serves as the main supermarket, with larger grocery trips typically made to Roseburg, 20 miles away. Local farms like DelEv Blueberry Patch and Perkins Family Farm provide fresh produce and dairy products. Dining options include the Mid-Town Grill, known for its seafood, and Pizza Palace, which features a party room with a pinball machine. The Happy Donut is a local favorite for early morning coffee and pastries. Entertainment options include the Nickel Bowl bowling alley, the Grand Victorian Theatre, and the Seven Feathers Casino Resort, located 5 miles away. Public transportation is available through the Umpqua Public Transportation District, offering convenient access to nearby areas. While the local schools receive average ratings, they offer various extracurricular activities, including a STEM club and robust athletics programs.

Home Trends in Tri-City, OR

Housing Trends

Median Sale Price
$260,995
Median Single Family Sale Price
$296,990
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$238
Number of Homes for Sale
7
Last 12 months Home Sales
26
Months of Supply
3.20
Median List Price
$272,250
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-35%
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