$629,000

1902 Monroe St Northbend, OR 97459

Estimated payment $3,514/month

Total Views 8,129
6 Beds
7 Baths
3,024 Sq Ft
$208 Price per Sq Ft

Highlights

  • Bay View
  • No HOA
  • Level Lot
  • Corner Lot
  • Landscaped
  • Wood Siding

About This Home

Investment opportunity! Six unit building on a corner lot, conveniently located near downtown North Bend. Four 1bed/1bath units, one studio unit, and one 2bed/1.5bath unit. Several long term tenants. Three units have undergone remodels recently along with other building improvements, including a new roof. Please DO NOT DISTURB TENANTS.

Listing Agent

Brady Chindamo

National Real Estate License #201227510 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1946

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • 1-Story Property
  • Bay Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • North Bend Middle School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6304600

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $16,024
  • Gross Income $51,285
  • Net Operating Income $35,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,388

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1946
  • Property Attached Yn: No
  • Current Price For Status: 629000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Other,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, GentleSloping, Level
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
  • View: Bay

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: AllLandscaping
  • Association: No

Schools

  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: CG
  • Parcel #: 6304600

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 2387.69

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 12.26
  • Annual Gross Income: 51285.0
  • Property Net Operating Income: 35260.0
  • Annual Operating Expense: 16024.0

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

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 For Sale $629,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 787086100

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

1902 Monroe St, North Bend, OR

For Sale

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Brady Chindamo
Listing Agent
Brady Chindamo
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National Real Estate
(458) 207-2956