$299,000

1060 Pacific Ave Coos Bay, OR 97420

Estimated payment $1,838/month

Total Views 7,789
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Attached Garage
  • Baseboard Heating
  • Level Lot

About This Home

Great Investment Opportunity! This duplex is ready to go! Each unit has 2 bedrooms and 1 bathroom, with updated tile and newer counters in the bathrooms. One side has fresh flooring and updates throughout—the other is ready for your touch to make it shine! Both units feature laundry hookups, and the useful floor plan maximizes every inch of space. With long-term tenants in place who want to stay, you’ll be cash-flowing from day one. Plus, there’s a large, partially fenced yard with plenty of potential for future upgrades or improvements.Perfect for first-time investors or anyone looking to add a reliable, income-generating property to their portfolio.Call today to schedule a showing and grab this opportunity before it’s gone!

Listing Agent

Kimberly Craig

Pacific Properties Brokerage Phone: 541-808-4318 License #201247166 Listed on: 05/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 80 x 100
  • Level Lot

Home Design

  • Tar and Gravel Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Attached Garage
  • Off-Street Parking

Schools

  • Coos Bay Elementary And Middle School
  • Marshfield High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 1940000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,931
  • Gross Income $21,000
  • Net Operating Income $15,069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1971
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: TarGravel

Garage/Parking

  • Parking Description: Attached, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Coos Bay
  • High School: Marshfield
  • Middle Or Junior School: Coos Bay

Lot Info

  • Zoning: R-2
  • Lot Size: 80 x 100
  • Parcel #: 1940000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2542.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.24
  • Annual Gross Income: 21000.0
  • Property Net Operating Income: 15069.0
  • Annual Operating Expense: 5931.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,542 $146,260 -- --
2023 $2,465 $142,000 $0 $0
2022 $2,425 $137,870 $0 $0
2021 $2,362 $133,860 $0 $0
2020 $2,296 $133,860 $0 $0
2019 $2,204 $126,190 $0 $0
2018 $2,128 $122,520 $0 $0
2017 $1,886 $118,960 $0 $0
2016 $1,766 $113,880 $0 $0
2015 $1,513 $115,500 $0 $0
2014 $1,513 $112,140 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $299,000 +121.5% --
05/04/2015 05/04/15 Sold $135,000 -2.9% $94 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $139,000 -- $97 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Ticor Title Coos Bay
Warranty Deed $135,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Previous Owner $132,554 FHA
Source: Public Records

Similar Home in Coos Bay, OR

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    $308,000

    • 4 Beds
    • 2 Baths
    • 63757 Harriet Rd
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    Solid investment opportunity in Coos Bay! This well-kept duplex features two 2-bed/1-bath units — one fully remodeled with fresh finishes, the other in great shape and ready for a long-term tenant. Recent big-ticket upgrades include a brand-new roof and all-new siding, saving you time and money. Live in one unit and rent out the other, or add both to your rental portfolio for immediate cash flow.

    Jeremy Doze RE/MAX South Coast

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 440694529

Regional Multiple Listing Service (RMLS)

APN: 1001940000