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Multi-Unit Residential Property

846 S 11TH St Coos Bay, OR 97420

846 S 11TH St, Coos Bay, OR, 97420
$385,000
For Sale
$385,000

MULTI_FAMILY - CoosBay, OR

Property Size2,052 SF
Lot Size0.10 Acres
Price / SF$187.62
Days on Market58

Property Features for 846 S 11TH St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Standard status
Active
APN
7007201
Size
2,052 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Description
25S1334-AD-02200
Tax Annual Amount
2978

Utilities

Heating system
Forced Air

Building Details

Year built
1925
Floors in Building
2
Number of units
3
Roof type
Composition, Metal
Listing Agency Pacific Coast Real Estate & Development, LLC
1260 N Bayshore Dr, Ste 105 Ste 105, Coos Bay, OR
Listed by Amy Aguirre
Added: May 20 Checked: Jul 16 at 9:06 pm
MLS# 198435879 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.


Investment Insights

Based on property information with market context.

This for-sale multi-unit residential property includes a main home plus a duplex in the back. The main home offers 3 bedrooms and 1 full bath, with 2 bedrooms on the main floor and one large bedroom above. Additional interior features include laundry and storage on the lower level, a breakfast nook off the kitchen, a formal dining room, wood floors beneath the carpet, and a metal shingle roof. A small detached garage is located in the rear. The duplex provides alley access for separate parking and entrance and is described as consisting of studio units with small kitchens, an eat-in kitchen area, and vinyl windows.

The property is located at 846 S 11TH St in Coos Bay, Oregon (Coos County). The duplex’s alley access supports separate entry and parking, while the entire property is currently occupied, so appointments are required.

The seller is a licensed realtor, and the listing indicates the home has a new natural gas furnace for efficient heat. Please do not disturb tenants; schedule a private viewing to see the layout firsthand.

Key Highlights

  • Marshfield multi‑unit property built in 1925 with a main home and a rear duplex
  • Main home features 3 bedrooms, 1 full bath, plus a breakfast nook and formal dining room
  • New natural gas forced‑air furnace in the main home

Local Financial Insights For Multifamily LT 5

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 $28.3k $13.80
− Vacancy −$1.8k −$0.90
EGI $26.5k $12.90
− OpEx −$7.9k −$3.87
NOI $18.5k $9.03
2,052 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$264.8K
$231.7K – $308.9K (±1% cap)
NOI $18,534 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$245.5K
$214.8K – $286.4K (±1% cap)
NOI $17,186 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$371.5K
$325.0K – $433.4K (±1% cap)
NOI $26,003 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Locksmith (Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Computer & Electronic Repair

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

FAQs

What type of property is this?
Triplex - For sale income property with a 3-bedroom main home and a rear duplex with alley access for separate entry.
Where is this triplex located?
The property is located at 846 S 11TH St Coos Bay, OR.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Marshfield multi‑unit property built in 1925 with a main home and a rear duplex; Main home features 3 bedrooms, 1 full bath, plus a breakfast nook and formal dining room; New natural gas forced‑air furnace in the main home
Contact an agent
More about this property
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