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    333 S Old Pacific Hwy Myrtle Creek, OR 97457

    For Sale
    $589,900

    MULTI_FAMILY - MyrtleCreek, OR

    Property size:
    7,700 SF
    Lot size:
    0.50 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 333 S Old Pacific Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2,CC
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    8
    APN
    R28566
    Size
    7,700 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Ductless (Heating), Forced Air
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1947
    Floors in Building
    2
    Number of units
    8
    Roof type
    Membrane, Built-Up

    Knipe Realty ERA Powered (503) 445-7660 [email protected]

    Listing agent Skye Leach (541) 246-7198

    Listing date Oct 28, 2025

    MLS# 721054192 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Income-Producing Property

    This fully occupied 7-unit property generates approximately $82,140 in annual gross income. The property features a mix of rental types, including a triplex, two detached rental units, and two rented RV spaces, as well as a large commercial shop. 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. The property is zoned R2 and CC. The property has excellent street frontage and stable cash flow. Professional property management is already in place. The property is located in MyrtleCreek, Oregon, and has a lot size of 0.5 acres. The property size is 7700 square feet. The property is suitable for owner-user investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Creek
    County
    Douglas
    State
    Oregon
    Longitude
    -123.32611
    Latitude
    42.979908

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    FAQs

    What type of property is this?
    Triplex - Seven-unit property with diverse rental types and commercial shop.
    Where is this triplex located?
    The property is located at 333 S Old Pacific Hwy Myrtle Creek, OR.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: - Significant annual gross income of approximately $82,140.; - Diverse rental types: triplex, detached units, RV spaces, and commercial shop.; - Commercial shop offers owner-user potential or additional rental income.
    (541) 246-7198
    Request Owner's contact information
    333 S Old Pacific Hwy Myrtle Creek, OR 97457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333 S Old Pacific Hwy Myrtle Creek, OR 97457
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