Duplex Property with Detached
For Sale
$440,000
62934 CROWN POINT Rd, Coos Bay, OR 97420
MultiFamily, CoosBay, OR
Property Size2,258 SF
Lot Size0.70 Acres
Price / SF$194.86
Days on Market117
Property Features for 62934 CROWN POINT Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RR-2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Subdivision
Crown Point
Elementary school
Eastside
Middle school
Marshfield
High school
Marshfield
Directions
Cape Arago Hwy, East on Libby Lane, South (right) on Crown Point Road
Standard status
Active
APN
7318000
Size
2,258 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Description
Lot 17, Crown Point Home Sites, Coos County, Oregon
Tax Annual Amount
2592
Legal Description
Lot 17, Crown Point Home Sites, Coos County, Oregon
Amenities
small fish pond
paved walking paths
park-like surroundings
2-car garage
carport
roof-mounted solar panels
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Roof type
Metal, Tar/Gravel, Composition
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Amanda Legaspino
(541) 915-9815
Added: Apr 30
Changed: Aug 23
Last Checked: Aug 24 at 6:06PM
MLS# 330375397
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 RR-2 residential property occupies 0.70 acres and includes 2,258 square feet of improvements. The primary residence has two bedrooms and two bathrooms, along with an attached studio apartment featuring a bathroom and kitchen area. Two additional oversized rooms provide flexible interior space. A separate detached home adds two more bedrooms and its own residential configuration. The property also includes a two-car garage, carport, additional parking, roof-mounted solar panels, and two separate residential addresses.
The grounds feature a fish pond, paved walking paths, and landscaped open space. The property adjoins more than 100 acres of State of Oregon land associated with the South Slough Estuary. It is located near Oregon Coast beaches, Charleston, Shore Acres State Park, Sunset Bay State Park, and Southwestern Oregon Community College, with access over the Crown Point Bridge.
The grounds feature a fish pond, paved walking paths, and landscaped open space. The property adjoins more than 100 acres of State of Oregon land associated with the South Slough Estuary. It is located near Oregon Coast beaches, Charleston, Shore Acres State Park, Sunset Bay State Park, and Southwestern Oregon Community College, with access over the Crown Point Bridge.
Key Highlights
- 0.70‑acre residential property with 2,258 square feet of improvements
- Primary residence includes 2 bedrooms, 2 bathrooms, an attached studio, and two additional oversized rooms
- Separate detached 2‑bedroom home on the grounds
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,880
$407.9K
Cap Rate 7%
$291,343
$291.3K
Cap Rate 9%
$226,600
$226.6K
Market Conditions
NOI Build-Up for 2,258 SF
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.
Gross rent
$31.2K $13.80/SF
− Vacancy
−$2.0K −$0.90/SF
EGI
$29.1K $12.90/SF
− OpEx
−$8.7K −$3.87/SF
NOI
$20.4K $9.03/SF
Area
Coos County, OR
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,880
Cap Rate 7%
$291,343
Cap Rate 9%
$226,600
Alternative Uses
Best Use
Multifamily LT 5
$291.3K
$254.9K – $339.9K
NOI $20,394 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$270.2K
$236.4K – $315.2K
NOI $18,912 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$408.8K
$357.7K – $476.9K
NOI $28,613 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 97420, OR
27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - RR-2 residential property with multiple living areas, separate addresses, and landscaped grounds near Oregon Coast destinations.
Where is this duplex located?
The property is located at 62934 CROWN POINT Rd Coos Bay, OR.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 0.70‑acre residential property with 2,258 square feet of improvements; Primary residence includes 2 bedrooms, 2 bathrooms, an attached studio, and two additional oversized rooms; Separate detached 2‑bedroom home on the grounds
