NOT LISTED FOR SALE

2109 Harrison St Northbend, OR 97459

10 Beds
10 Baths
4,960 Sq Ft
1977 Built

Sale Details

Date Sold: January 30, 2026

Last sale price $620,000 $125 Per Sq Ft

176 Days on Market

About This Home

As of January 2026

Fully occupied 5-plex in downtown North Bend. Each unit is 2 bedroom, 1.5 bath complete with W/D hookups. Gross income $64,748/year, expenses $22,889/year, including property management fees of $5180. 5.61% cap rate at $745K. If Self-Managed, annual expenses are $17,709 and the cap rate is 6.31% Excellent walkability to schools, shopping, and parks. Turn-key investment with good maintenance records, and a strong rental history in a high-demand area, with a consistent cash flow, and long-term potential. Excellent long term tenants are all willing to stay. Schedule your private showing now.

Last Agent to Sell the Property

Rachel Richardson

River Cities Realty Inc License #200504528 Listed on: 06/02/2025

Last Buyer's Agent

Rachel Richardson

River Cities Realty Inc License #200504528 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 110 x 100

Interior Spaces

  • 4,960 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Schools

  • North Bend Middle School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6320900

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $22,889
  • Gross Income $64,748
  • Net Operating Income $41,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,486

Year Built

Built in 1977

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 620000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 10
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No

Garage/Parking

  • 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

  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: RM
  • Lot Size: 110 x 100
  • Parcel #: 6320900

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4485.76

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.51
  • Annual Gross Income: 64748.0
  • Property Net Operating Income: 41859.0
  • Annual Operating Expense: 22889.0
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $620,000 -16.8% $125 / Sq Ft
11/25/2025 11/25/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $745,000 -- $150 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,486 $303,090 -- --
2024 $4,528 $294,270 -- --
2023 $4,395 $285,700 $0 $0
2022 $4,348 $277,380 $0 $0
2021 $4,454 $269,310 $0 $0
2020 $4,172 $269,310 $0 $0
2019 $3,990 $253,860 $0 $0
2018 $3,165 $201,860 $0 $0
2017 $3,164 $201,860 $0 $0
2016 $2,819 $180,230 $0 $0
2015 $2,703 $206,200 $0 $0
2014 $2,703 $198,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 301905137

Regional Multiple Listing Service (RMLS)
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