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    721 Cole Rd Oakland, OR 97462

    New
    For Sale
    $620,000

    MULTI_FAMILY - Oakland, OR

    Property size:
    1,697 SF
    Lot size:
    9.78 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 721 Cole Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FG
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    3
    APN
    R26488
    Size
    1,697 SF
    Lot size
    9.78 Acres

    Utilities

    Heating system
    Zoned
    Cooling system
    Window Unit(s)
    Water front features
    Creek

    Building Details

    Year built
    1953
    Floors in Building
    1
    Number of units
    2
    Roof type
    Metal

    Keller Williams Realty Southern Oregon Umpqua Valley (541) 529-2320 [email protected]

    Listing agent Mary Gilbert (541) 529-2320

    Listing date Dec 3, 2025

    MLS# 370746329 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

    Oakland Multi-Family Creek Frontage Property

    Located in Oakland, Oregon, this multi-family property offers a rare opportunity on 9.78 acres of usable land with creek frontage. The property includes water irrigation rights from Calapooya Creek and a pond with small mouth bass. The main home provides 737 square feet of living space, featuring 2 bedrooms and 1 bathroom. It includes wood floors, vaulted ceilings, and a pellet stove. The kitchen is equipped with a fridge, range, dishwasher, microwave, and pantry, along with a laundry area that has a washer/dryer combo. The home also features a covered porch with cobblestone accents and a back deck. The second home, located at 695 Cole Rd, is a 1-bed, 1-bath cottage with board and batten siding and a wrap-around concrete porch. Inside, there is a wood stove and wood accents, including tongue and groove ceilings and log-style details. The kitchen includes a fridge, range, and portable dishwasher, with laundry hookups and a finished attic space. The property includes a large 2 story barn, 3 medium and 2 commercial-size hoop houses, and a greenhouse. There is also a 90x30 garden with berries and vegetables supported by a drip irrigation system. Additional features include RV parking, three gated entrances, and DFN fiber internet. This property is suited for multi-generational living or hobby farming.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Douglas
    State
    Oregon
    Longitude
    -123.39324
    Latitude
    43.391914

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    FAQs

    What type of property is this?
    Single family property - Multi-family property on 9.78 acres with creek frontage.
    Where is this single family property located?
    The property is located at 721 Cole Rd Oakland, OR.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - 9. 78 acres of usable land with creek frontage and a pond stocked with small mouth bass; - Two homes: a 2-bed, 1-bath main house and a 1-bed, 1-bath cottage, suitable for multi-generational living or rental income; - Extensive infrastructure for gardening and hobby farming, including a large barn, multiple hoop houses, a greenhouse, and a 90x30 garden with drip irrigation
    (541) 529-2320
    Request Owner's contact information
    721 Cole Rd Oakland, OR 97462
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    Oakland, OR 97462
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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
    721 Cole Rd Oakland, OR 97462
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