$1,595,000
$200K PRICE DROP

318 11th St SE Bandon, OR 97411

Estimated payment $8,738/month

2 Beds
3 Baths
6,890 Sq Ft
$231 Price per Sq Ft

Highlights

  • Mini Split Air Conditioners
  • 1 Car Garage
  • 4-minute walk to Bandon South Jetty County Park
  • Zoned Heating
  • High Speed Internet

About This Home

BANDON - 5 Townhomes. Rare Investment Opportunity: Five newly built residential townhomes. Each 1152 sq ft home features on the main floor an open great room with kitchen, powder room, private fenced backyard and on-site parking. Two en-suite bedrooms and available laundry are on upper floor. Garages have 250 volt electric car charging outlets. All city services in place. Excellent location near beaches, schools, and city amenities. Hold for consistent rental income or individualize and sell units separately for added upside. Turnkey and income-producing from day one! Call for this unique opportunity today!!

Listing Agent

Keeli Gernandt

David L. Davis Real Estate Brokerage Email: fred@bandonhomes.com License #201213050 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 2024

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 105.3x101.36

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,890 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Schools

  • Ocean Crest Elementary School
  • Harbor Lights Middle School
  • Bandon High School

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating
  • Mini Split Heat Pump
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 3166700

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $571
  • Gross Income $120,000
  • Net Operating Income $119,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$570

Year Built

Built in 2024

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2024
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 2
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: DSL
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Ocean Crest
  • High School: Bandon
  • Middle Or Junior School: Harbor Lights

Lot Info

  • Zoning: C-2
  • Lot Size Acres: 0.24
  • Lot Size: 105.3x101.36
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 3166700

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 570.26

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.29
  • Annual Gross Income: 120000.0
  • Property Net Operating Income: 119429.0
  • Annual Operating Expense: 571.0

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 Change Sq Ft Price
08/21/2025 08/21/25 For Sale $1,795,000 -- $261 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 485329998

Regional Multiple Listing Service (RMLS)