Remodeled Quadplex with Individual
For Sale
$419,000
100 COMMERCIAL Ave, Gardiner, OR 97441
MultiFamily, Gardiner, OR
Property Size2,424 SF
Lot Size0.20 Acres
Price / SF$172.85
Days on Market143
Property Features for 100 COMMERCIAL Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 2
Elementary school
Highland
Middle school
Reedsport
High school
Reedsport
Directions
101 to Commercial On Right
Subdivision
_265
Standard status
Active
APN
R64114
Size
2,424 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
GARDINER, BLOCK PT 1, ACRES 0.20
Tax Annual Amount
2655
Legal Description
GARDINER, BLOCK PT 1, ACRES 0.20
Amenities
shared laundry
individual storage buildings
Building Details
Year built
1940
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
Pacific Coast Real Estate & Development, LLC
(541) 808-3297
Listed By:
Levi Rider
(541) 294-1485
Added: Jun 3
Changed: Oct 22
Last Checked: Oct 23 at 3:06AM
MLS# 414393922
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This remodeled quadplex contains four separate one-bedroom, one-bath apartments within 2,424 square feet. Improvements include granite countertops, LVP flooring, updated electrical and plumbing systems, a new roof, HardiePlank siding, and vinyl windows. Each apartment has its own power meter, while residents share laundry facilities and have access to individual storage buildings. The property was built in 1940 and is situated on a 0.2-acre lot with a backyard.
The property is located across from a boat launch on the Umpqua River, an area identified for fishing and crabbing. Zoning is R-2. One apartment is vacant for showings and potential owner occupancy, and the property is currently managed by Grand Management.
The property is located across from a boat launch on the Umpqua River, an area identified for fishing and crabbing. Zoning is R-2. One apartment is vacant for showings and potential owner occupancy, and the property is currently managed by Grand Management.
Key Highlights
- Four separate one‑bedroom, one‑bath units within 2,424 square feet
- 0.2‑acre lot with backyard, shared laundry, and individual storage buildings
- Each unit has its own power meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,431
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,620
$248.6K
Cap Rate 7%
$177,586
$177.6K
Cap Rate 9%
$138,122
$138.1K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$19.2K $7.92/SF
− Vacancy
−$1.4K −$0.59/SF
EGI
$17.8K $7.33/SF
− OpEx
−$5.3K −$2.20/SF
NOI
$12.4K $5.13/SF
Area
Douglas County, OR
Vacancy
7.50%
Lease Rate
$7.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,620
Cap Rate 7%
$177,586
Cap Rate 9%
$138,122
Alternative Uses
Best Use
Multifamily LT 5
$177.6K
$155.4K – $207.2K
NOI $12,431 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$166.7K
$145.9K – $194.5K
NOI $11,668 @ 7.0% cap · market cap 2.78%
Theoretical Best
Specialty Retail
$419.5K
$367.1K – $489.5K
NOI $29,368 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 97441, OR
268
Population
150
Households
1.8
Avg Household Size
55
Median Age
39%
College-Educated
100%
High-School Grad
27.6 sq mi
ZIP Area
10
Density / Sq Mi
$135,567
Median Household Income
$65,735
Median Earnings
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments offer updated finishes, shared laundry, and separate storage buildings.
Where is this quadplex located?
The property is located at 100 COMMERCIAL Ave Gardiner, OR.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Four separate one‑bedroom, one‑bath units within 2,424 square feet; 0.2‑acre lot with backyard, shared laundry, and individual storage buildings; Each unit has its own power meter
