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Tri-City, OR Multifamily Home for Sale

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    $589,900

    • 8 Beds
    • 6 Baths
    • 7,700 Sq Ft

    333 S Old Pacific Hwy, Myrtle Creek, OR 97457

    Major price reduction, Opportunity! This 7 unit property grosses approximately $82,140 yearly and features a triplex, large commercial shop, 2 separated rental units, and 2 rented RV spaces! Perfect for owner/user investors seeking strong cash flow and a potential business location in the giant shop. Additional square footage to convert into more units may be possible. Premium street frontage,

    Skye Leach Knipe Realty ERA Powered

    333 S Old Pacific Hwy, Myrtle Creek, OR 97457

Why Live in Tri-City

Tri-City, Oregon, offers a rural, riverfront lifestyle in southwest Oregon. This countryside community is expanding, with affordable taxes and convenient access via Interstate 5. The area features residential cul-de-sacs and open fields with views of the Cascade Mountains. Housing options include manufactured homes, ranch-style houses, and New Traditional builds, with most properties featuring fenced-in yards, paved driveways, and tree barriers for privacy. Residents enjoy mountain views from all corners of Tri-City. Popular activities include fishing and boating along the South Umpqua River, and visiting Myrtle Creek parks such as Millsite Park, which offers softball and baseball fields, an outdoor amphitheater, and a disc golf course. The South Umpqua Memorial Pool and Myrtle Creek Golf Club are also accessible. Hikers can explore miles of trails in the Umpqua State Forest. Shopping and dining options are limited, with most residents traveling to Roseburg for groceries and dining. Local options include The Happy Donut and Tri-City Country Club. Community events such as movies in the park, parades, and the annual South Douglas Rodeo foster a community-oriented atmosphere. Education is provided through the South Umpqua School District, with schools offering various programs despite average ratings. Transportation is facilitated by Interstate 5 and the Umpqua Public Transportation District. Health care is available at the VA Roseburg Health Care System, 22 miles north. Homeowners are required to have wildfire coverage due to the annual wildfire season from July to October.

Home Trends in Tri-City, OR

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$305,450
Average Price Per Sq Ft
$211
Number of Homes for Sale
5
Last 12 months Home Sales
25
Months of Supply
2.40
Median List Price
$312,450
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-5%
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