333 S OLD PACIFIC HWY

Myrtle Creek, OR 97457
Square Ft.
7,700
$589,900
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 shopRead MoreRead Less
Listing courtesy of Knipe Realty ERA Powered.
Listing Snapshot
Days Online
321
Last Updated
Square Ft.
7,700
Lot Size
0.5 Acres
Year Built
1947
MLS Number
721054192
30 Days Snapshot Of 97457
$349k
+32%
(avg) sold price
6
+20%
homes sold
111
-18%
(avg) days on market
Snapshot
Area Map

Source: Home Junction

Additional Details
Property Access
Road Surface Type: Gravel
Building
Building Area Total: 7700, Built in 1947, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
Community
Community Features: Laundry
Cooling
Cooling: WallUnit
Expenses
Operating Expense Scheduled: 28749, Operating Expense: $28,749
Exterior Features
Exterior Description: HardConcreteStucco, T111Siding
Garage
Garage Spaces: 9
Heating
Heating: Ductless, ForcedAir, WallHeater
Income
CAP Rate: 9.05, Gross Income: $82,140, Gross Rent Multiplier: 7.18, Gross Scheduled Income: $82,140, Net Operating Income: $53,391, Net Scheduled Income: 53391
Lot
Features: Level, PublicRoad, Size Acres: 0.5, Size Range: SqFt20000toAcres1, Size Square Feet: 21,780, Size: 20,000 SqFt to .99 Acres
Miscellaneous
Investor Information: AccordingToOwner, Incomplete, Leases, RentRecords
Parking
Features: OffStreet, RVAccessParking, 9 total parking spots
Property
Number Of Units Total: 8, Property Condition: UpdatedRemodeled, Zoning: R2, CC
Roof
Roof: BuiltUp, Membrane
Security Features
Features: SecurityLights
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $2,832, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,265, Area: 1000, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $900, Area: 1000, Units Total: 1, 2 total bathrooms, 3 total bedroom
Unit Three
Actual Rent: $850, Area: 700, Units Total: 2, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $795, Area: 600, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,000, Area: 2000, Features: Storage, Units Total: 1
Unit Six
Actual Rent: $600, Area: 1000, Units Total: 1
Unit Seven
Actual Rent: $550, Area: 1000, Units Total: 1
Utilities
Fuel Description: Electricity, Water Source: PublicWater
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Matthew Landever
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.