R
Seller's Agent in 2026
Rachel Richardson
River Cities Realty Inc
(541) 404-3160
24 Total Sales
2109 Harrison St Northbend, OR 97459
North Bend Area
10
Beds
10
Baths
4,960
Sq Ft
1977
Built
About This Home
As of January 2026Fully 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
River Cities Realty Inc License #200504528 Listed on: 06/02/2025
Last Buyer's Agent
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2025
Closed on
Jan 27, 2026
Sold by
Bought by
Seller's Agent
Rachel Richardson
River Cities Realty Inc
Buyer's Agent
Rachel Richardson
River Cities Realty Inc
List Price
$745,000
Sold Price
$620,000
Premium/Discount to List
-$125,000
-16.78%
Views
49
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Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $620,000 | Ticor Title |
Source: Public Records
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
-
Rachel Richardson
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 301905137
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 © 2026 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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