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Coquille Six-Plex Investment Opportunity
For Sale
$650,000

1035 W 11TH St, Coquille, OR 97423

MULTI_FAMILY - Coquille, OR

Property Size3,894 SF
Lot Size0.32 Acres
Price / SF$166.92
Days on Market126

Property Features for 1035 W 11TH St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 11, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 4, Bathroom 5, Bedroom 10, Bathroom 3, Bedroom 3
Elementary school Coquille
Middle school Coquille
High school Coquille
Directions W Central BLVD to N Knott ST to W 11th ST
Subdivision _260
Standard status Active
APN 738802
Size 3,894 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description 27-13-36CC TL 2600
Tax Annual Amount 3672
Legal Description 27-13-36CC TL 2600

Utilities

Heating system Baseboard

Building Details

Year built 1966
Floors in Building 1
Number of units 6
Roof type Composition
Listing Agency: Grami Properties
Listed By: Mariah Grami · License #200308203
Added: Mar 27 Changed: Jul 28 Last Checked: Jul 30 at 12:06PM
MLS# 377991127

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in Coquille, Oregon, presents an investment opportunity. The property features six units: five 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with efficient layouts. The building has a new roof installed in 2024. The property includes storage, parking, and yard space. A shed is plumbed for a washer and dryer, and some units have washer and dryer hook-ups. The property is situated on a 0.32-acre lot. The building size is 3,894 square feet. The zoning is R.

Key Highlights

  • Coquille six‑plex built in 1966
  • Five 2BR/1BA units and one 3BR/1BA unit
  • New composition roof installed in 2024

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.1k $16.20
− Vacancy −$3.8k −$0.97
EGI $59.3k $15.23
− OpEx −$26.7k −$6.85
NOI $32.6k $8.38
3,894 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$465.9K
$407.7K – $543.6K (±1% cap)
NOI $32,614 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$704.9K
$616.8K – $822.4K (±1% cap)
NOI $49,345 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Electrical Service Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 97423, OR

6,986
Population
2,835
Households
2.5
Avg Household Size
49
Median Age
19%
College-Educated
91%
High-School Grad
126.6 sq mi
ZIP Area
55
Density / Sq Mi
$57,665
Median Household Income
$36,250
Median Earnings
$1,150
Median Rent
$266,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property in Coquille with recent roof updates.
Where is this apartment building located?
The property is located at 1035 W 11TH St Coquille, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Coquille six‑plex built in 1966; Five 2BR/1BA units and one 3BR/1BA unit; New composition roof installed in 2024
More about this property
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