$950,000
$150K PRICE DROP

716 Pioneer Rd Brookings, OR 97415

Estimated payment $5,754/month

Total Views 19,080
-- Bed
-- Bath
5,696 Sq Ft
$167 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • No HOA
  • Double Pane Windows
  • Territorial View
  • Detached Garage
  • Level Lot

About This Home

Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable tenant base, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.

Listing Agent

Martin Outdoor Property Group

Land Leader Brokerage Email: Alex@MartinOutdoorProperties.com License #200706071 Listed on: 12/13/2024

Co-Listing Agent

Ashley Lacer

Land Leader Brokerage Email: Alex@MartinOutdoorProperties.com License #201232307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,046

Year Built

  • Built in 1991

Lot Details

  • 0.62 Acre Lot
  • 1 Common Wall
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Kalmiopsis Elementary School
  • Azalea Middle School
  • Brookings-Harbor High School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Exclusions: Tenant personal property, including washer and dryers
  • Tax Lot 3300
  • Assessor Parcel Number R21617

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $78,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,046

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: One, Two
  • Lot Size Acres: 0.62
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1991
  • Attribution Contact: Alex@MartinOutdoorProperties.com
  • Total Gross Income: 78300.0
  • Co List Office Mls Id: oLLNW
  • Co List Office Phone: 844-281-4301
  • Co List Office Phone: 844-281-4301
  • Outside Inclusions: Stove, fridge, dishwasher
  • MLS Status: Active
  • General Property Information Elementary School: Kalmiopsis Elem
  • General Property Information Middle Or Junior School: Azalea Middle
  • General Property Information High School: Brookings-Harbor High
  • General Property Information:Zoning2: R-2
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 3300
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Window Features: Double Pane Windows, Vinyl Frames

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenant personal property, including washer and dryers
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes

Utilities

  • Cooling: None
  • Heating: Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Kalmiopsis Elem
  • High School: Brookings-Harbor High
  • Middle Or Junior School: Azalea Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 27007.2
  • Parcel #: R21617
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7046.07
  • Tax Lot: 3300
  • Tax Map Number: 41S-13W-5BB
  • Tax Year: 2024

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

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
2024 $7,046 $745,380 -- --
2023 $6,841 $723,670 $0 $0
2022 $6,537 $691,570 -- --
2021 $6,347 $671,430 $0 $0
2020 $6,551 $651,880 $0 $0
2019 $6,016 $632,900 $0 $0
2018 $6,274 $614,470 $0 $0
2017 $6,042 $608,170 $0 $0
2016 $5,895 $579,210 $0 $0
2015 $5,647 $565,960 $0 $0
2014 $5,647 $553,090 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $950,000 -4.5% $167 / Sq Ft
02/14/2025 02/14/25 Price Changed $995,000 -9.5% $175 / Sq Ft
12/13/2024 12/13/24 For Sale $1,100,000 -- $193 / Sq Ft
Source: Oregon Datashare

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Source: Oregon Datashare

MLS Number: 220193622

Oregon Datashare

APN: R21617

Oregon Curry County Brookings 97415

716 Pioneer Rd, Brookings, OR

This home is located at 716 Pioneer Rd, Brookings, OR 97415 and is currently priced at $950,000, approximately $166 per square foot. This property was built in 1991. 716 Pioneer Rd is a home located in Curry County with nearby schools including Kalmiopsis Elementary School, Azalea Middle School, and Brookings-Harbor High School.

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Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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Martin Outdoor Property Group
Listing Agent
Martin Outdoor Property Group
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Land Leader
(458) 217-6499