1861 View St Myrtle Point, OR 97458
Estimated payment $4,466/month
About This Home
Excellent multi-unit investment in Myrtle Point featuring six total rentals across two solid buildings at 1844 & 1861 View Street. Built in 1972 and 1973, this property includes a four-plex of approximately 3,900 sq. ft. with four identical 3-bedroom, 1-bath units, each offering laundry hookups off the kitchen, private storage areas behind the building, and small back decks for the upstairs apartments. The duplex adds approximately 1,512 sq. ft. with two 2-bedroom, 1-bath units, each with its own laundry hookups located in separate small storage structures out back. Both buildings have a strong rental history and offer stable income in a quiet neighborhood. Property tours available only after an accepted offer. Broker owned.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,266
Year Built
- Built in 1972
Lot Details
- 0.35 Acre Lot
Parking
- Off-Street Parking
Home Design
- Metal Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 5,412 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 16 Bedrooms
- 6 Bathrooms
Schools
- Myrtle Crest Elementary School
- Myrtle Point Middle School
- Myrtle Point High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 7356600, 7356500
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $16,166
- Gross Income $82,524
- Net Operating Income $66,358
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,020 | $242,530 | -- | -- |
| 2024 | $3,953 | $235,470 | -- | -- |
| 2023 | $3,772 | $228,620 | $0 | $0 |
| 2022 | $3,712 | $221,970 | $0 | $0 |
| 2021 | $3,617 | $215,510 | $0 | $0 |
| 2020 | $3,517 | $215,510 | $0 | $0 |
| 2019 | $3,364 | $203,150 | $0 | $0 |
| 2018 | $3,271 | $197,240 | $0 | $0 |
| 2017 | $3,186 | $191,500 | $0 | $0 |
| 2016 | $2,818 | $181,600 | $0 | $0 |
| 2015 | $2,735 | $185,930 | $0 | $0 |
| 2014 | $2,735 | $180,520 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $749,900 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $585,000 | Ticor Title | |
| Warranty Deed | -- | Cascade Title Co | |
| Bargain Sale Deed | -- | Cascade Title Co |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 259581290
APN: 1007356600
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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