Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    587 W BERDINE St Roseburg, OR 97471

    View on Map
    Claim this Listing
    For Sale
    $635,000

    MULTI_FAMILY - Roseburg, OR

    Lot size:
    0.17 Acres
    Added:
    May 29, 2025
    Days on Market:
    338
    Last Refresh:
    May 1 at 8:06 am

    Property Features for 587 W BERDINE St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MR29
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 3
    Standard status
    Active
    APN
    R33709
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    BERDINE VALE, BLOCK 1, LOT PT 1, ACRES 0.17
    Tax Annual Amount
    3940

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    4
    Roof type
    Shingle, Composition

    We can help!

    Listing Contact
    Raymond Coburn
    Raymond Coburn

    Listing agent Raymond Coburn License #201253788

    Listing office eXp Realty, LLC 682 SE Jackson Street, Salem, OR

    Listing date May 29, 2025

    MLS# 776730460 Listing URL

    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.

    Overview

    Renovated Roseburg 4-Plex Investment

    This renovated 4-plex, located at 587 W Berdine St in Roseburg, presents an opportunity for investors or owner-occupants. The multifamily property was renovated in 2023 and features updated interiors designed for comfortable living, with modern finishes and thoughtful layouts in each unit. Situated in a desirable neighborhood, the property is conveniently located near local parks, shopping centers, hospitals, and essential amenities. Residents can enjoy views of the rolling hillsides and quick access to everything Roseburg offers. The property is located in a prime central location with strong rental demand. It is close to schools, parks, medical facilities, and downtown Roseburg. The lot size is 0.17 acres. The zoning is MR29. The property is a residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseburg
    County
    Douglas
    State
    Oregon
    Longitude
    -123.388008
    Latitude
    43.215295

    Nearby Similar for Sale

    • $575,000

      West Roseburg Fourplex Opportunity

      Four well-maintained units in West Roseburg near city services.
      3148 W HARVARD Ave, Roseburg, OR 97471
      View Details
    • $525,000
      3,700 SF

      Roseburg Commercial Property with Shop

      Two shop buildings ideal for contractors or light industrial use.
      3780/3782 Hooker Road, Roseburg, OR 97470
      View Details
    • $1,050,000
      9,130 SF

      Former Broadcast Studio in Roseburg

      Versatile 9,130 SF building on 1.38 acres near I-5.
      655 W Umpqua St, Roseburg, OR 97471
      View Details
    • $1,450,000
      9,000 SF

      Modern Commercial Property in Roseburg

      High-quality commercial property with excellent exposure and flexible zoning.
      428 NE Newton Creek Rd, Roseburg, OR 97470
      View Details
    • $1,555,160
      2,660 SF

      Established Jack in the Box

      Long-term NNN lease with CPI rent increases.
      1400 NE Stephens St, Roseburg, OR
      View Details
    • $375,000
      3,575 SF

      Roseburg 9-Unit Apartment Complex

      Nine-unit apartment complex in Roseburg, Oregon, for sale.
      846 Southeast Brockway Avenue, Roseburg, OR 97470
      View Details
    • $599,000
      5,440 SF

      Mixed-Use Property with Secure Yards

      1.49 acre mixed-use property with apartment, shop, and parking.
      1880 NE Stephens, Roseburg, OR 97470
      View Details
    • $375,000
      1,500 SF

      Retail/Office Space Near Interstate 5

      High-traffic location suitable for retail, restaurant, or office use.
      4872 GRANGE Rd, Roseburg, OR 97471
      View Details
    • $8,750,000
      10,000 SF

      Melrose Vineyards: Premier Wine Property

      Luxury vineyard with tasting room, winery, and event facilities.
      MELQUA RD, Roseburg, OR 97471
      View Details
    • $695,000
      60,548 SF

      Secured RV Parking Property

      Commercial RV parking property with advanced security features near downtown.
      0 NE DIAMOND LAKE BLVD, Roseburg, OR 97470
      View Details

    FAQs

    What type of property is this?
    Quadplex - Renovated 4-plex in prime location, ideal for investors.
    Where is this quadplex located?
    The property is located at 587 W BERDINE St Roseburg, OR.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: Renovated in 2023 - Turnkey and move‑in ready.; Prime central Roseburg location with strong rental demand.; Ideal for investors or live‑in owners (house‑hack potential).
    (949) 891-4426
    We can help!
    Listing Contact
    Raymond Coburn
    Raymond Coburn
    Real Estate License ID: 201253788
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    587 W BERDINE St, Roseburg, OR 97471

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!