333 S Old Pacific Hwy Myrtle Creek, OR 97457
Estimated payment $3,329/month
Highlights
- RV Access or Parking
- No HOA
- Storage
- Mountain View
- Ductless Heating Or Cooling System
- Forced Air Heating System
About This Home
Major Price Reduction — Investment Opportunity! This fully occupied 7-unit property generates approximately $82,140 in annual gross income and offers a rare mix of diverse rental types — including a triplex, two detached rental units, two rented RV spaces, and a large commercial shop. Ideal for owner-user investors, the shop provides potential for a personal business space or additional income. There may also be opportunities to convert unused square footage into more rentable units. Enjoy excellent street frontage, stable cash flow, and professional property management already in place for a smooth transition. Don’t miss your chance to own a versatile, income-producing property with room to grow — schedule a private showing today with your favorite broker!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,832
Year Built
- Built in 1947 | Remodeled
Lot Details
- 0.5 Acre Lot
- Level Lot
Parking
- 9 Car Garage
- Off-Street Parking
- RV Access or Parking
Home Design
- Membrane Roofing
- Built-Up Roof
- Plywood Siding Panel T1-11
- Stucco Exterior
Interior Spaces
- 7,700 Sq Ft Home
- 2-Story Property
- Storage
- Mountain Views
- Security Lights
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Schools
- Myrtle Creek Elementary School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number R28566
Community Details
Overview
- No Home Owners Association
- 8 Units
- Property managed by RealWise PM
Amenities
- Laundry Facilities
Building Details
- Operating Expense $28,749
- Gross Income $82,140
- Net Operating Income $53,391
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,909 | $306,013 | -- | -- |
| 2024 | $2,832 | $297,100 | -- | -- |
| 2023 | $2,745 | $288,447 | $0 | $0 |
| 2022 | $2,683 | $280,046 | $0 | $0 |
| 2021 | $2,424 | $271,890 | $0 | $0 |
| 2020 | $2,520 | $263,971 | $0 | $0 |
| 2019 | $2,332 | $256,283 | $0 | $0 |
| 2018 | $2,307 | $0 | $0 | $0 |
| 2017 | $2,187 | $241,572 | $0 | $0 |
| 2016 | $2,251 | $234,536 | $0 | $0 |
| 2015 | $2,189 | $227,705 | $0 | $0 |
| 2014 | $2,114 | $221,073 | $0 | $0 |
| 2013 | -- | $214,634 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Price Changed | $589,900 | -5.6% | $77 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $624,900 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 721054192
APN: R28566
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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 © 2025 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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