$495,000

Estimated payment $3,055/month

Total Views 1,069
3 Beds
4 Baths
1,296 Sq Ft
$382 Price per Sq Ft

Highlights

  • River View
  • Wood Siding
  • 3-minute walk to Old Town Park
  • Level Lot
  • Heating System Mounted To A Wall or Window

About This Home

Super rare Old Town investment opportunity! This fully renovated triplex is located just steps from famous Bay Street and only one block from historic Old Town Florence near the Siuslaw River. Generating a strong monthly gross rent of $3,150, this turnkey property consists of three updated units: Unit 1 (Studio) renting at $1,150/mo, Unit 2 (1 Bed / 1.5 Bath) renting at $1,300/mo, and Unit 3 (Studio) renting at $700/mo. Additional highlights include bright modern interiors, quality finishes, and a great-sized backyard complete with a garden area and outdoor space. An incredible income-producing property in an unbeatable location! Please reach out for a private showing today!

Listing Agent

Melissa Stiltner

Triple Oaks Realty LLC Brokerage Phone: 541-225-8815 License #201240500 Listed on: 08/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • River Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Schools

  • Siuslaw Elementary And Middle School
  • Siuslaw High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0801934

Community Details

Overview

  • 3 Units
  • Old Town Subdivision

Building Details

  • Operating Expense $8,379
  • Gross Income $37,800
  • Net Operating Income $29,421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,133

Year Built

Built in 1930 | Remodeled

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1930
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 495000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 3
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: River

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw

Lot Info

  • Zoning: OTDA
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 0801934

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3133.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.1
  • Annual Gross Income: 37800.0
  • Property Net Operating Income: 29421.0
  • Annual Operating Expense: 8379.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,133 $229,630
2024 $3,043 $222,942
2023 $3,043 $216,449
2022 $2,839 $210,145 $0 $0
2021 $2,780 $204,025 $0 $0
2020 $2,707 $198,083 $0 $0
2019 $2,606 $192,314 $0 $0
2018 $2,611 $181,275 $0 $0
2017 $2,518 $181,275 $0 $0
2016 $1,296 $95,415 $0 $0
2015 $213 $100,439 $0 $0
2014 $2,589 $181,275 $0 $0
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 Prior Sale
08/25/2026 08/25/26 For Sale $495,000 +59.7% $382 / Sq Ft
06/01/2021 06/01/21 Sold $310,000 -13.9% $214 / Sq Ft View Prior Sale
05/13/2021 05/13/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $359,900 +99.9% $249 / Sq Ft
04/09/2020 04/09/20 Sold $180,000 -33.1% $139 / Sq Ft View Prior Sale
03/19/2020 03/19/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $269,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 Type Sale Price Title Company
Bargain Sale Deed -- Cascade Title
Warranty Deed $310,000 Cascade Title Co
Warranty Deed $180,000 Cascade Title Co
Warranty Deed $225,000 Cascade Title Co
Warranty Deed $100,000 Cascade Title Co
Warranty Deed -- Cascade Title Company
Trustee Deed $133,735 First American Title
Interfamily Deed Transfer -- Western Pioneer Title Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $550,000 Construction
Previous Owner $2,000 Purchase Money Mortgage
Previous Owner $225,000 Seller Take Back
Previous Owner $110,000 Seller Take Back
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 615428375

Regional Multiple Listing Service (RMLS)

APN: 0801934

Your Personal Tour Guide

Ask me questions while you tour the home.