$739,000
$300K PRICE INCREASE

1662 Mcpherson Ave North Bend, OR 97459

Estimated payment $4,303/month

Total Views 6,444
12 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Bay View
  • Landscaped
  • Level Lot
  • Storage
  • Baseboard Heating
  • Wood Siding

About This Home

Great Investment with good income and good tenants. This 6-plex in North Bend has six 2 bed 1 bath units with the living areas downstairs and the bedrooms upstairs. New paving in back. One apartment newly remodeled.As-Is.

Listing Agent

Kim Nye

Siskiyou Coast Realty License #201220185 Listed on: 02/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1974

Lot Details

  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Property Views

  • Bay
  • City

Home Design

  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • Storage
  • Finished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Schools

  • North Bay Elementary School
  • North Bend Middle School
  • North Bend High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6177400

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $19,696
  • Gross Income $69,696
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,795

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1974
  • Property Attached Yn: No
  • Current Price For Status: 739000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 12
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodComposite,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Membrane
  • View: Bay,City

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping

Schools

  • Elementary School: North Bay
  • High School: North Bend
  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: RM
  • Parcel #: 6177400

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4795.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.6
  • Annual Gross Income: 69696.0
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 19696.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2025 09/28/25 Price Changed $739,000 -1.6% --
06/20/2025 06/20/25 Price Changed $751,000 0.0% --
06/20/2025 06/20/25 For Sale $751,000 +10.6% --
03/30/2025 03/30/25 Off Market $679,000 -- --
02/12/2025 02/12/25 For Sale $439,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 293365289

Regional Multiple Listing Service (RMLS)
Oregon Coos County North Bend 97459

1662 Mcpherson Ave, North Bend, OR

For Sale

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Nearby Homes
Listing Agent
Kim Nye
Section Image
Siskiyou Coast Realty
(458) 224-3710