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7-Unit Apartment Building
For Sale
$659,000
Pending

1032 South 4th Street, Coos Bay, OR 97420

Multifamily property with studios, one-bedroom units, and two-bedroom units, plus updated building systems and individual laundry hookups.

Property Size720 SF
Days on Market180

Property Features for 1032 South 4th Street

General Information

Standard status Pending
Size 720 SF
Total Parking Spaces 4
Property subtype Multi Family
Zoning R-3

Additional Details

Cap Rate 8.62%
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $3,193

Amenities

individual laundry hookups
Cable
2
Finished, Partial Basement
Concrete Perimeter
Membrane, Metal, Rubber
T111Siding, Wood Siding

Building Details

Year Built 1930
Listing Agency: Coastal Sotheby's International Realty
Listed By: Gary Trenner II · License #201224385
Source: Compass
Added: Mar 5 Changed: Aug 31 Last Checked: Aug 31 at 12:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 7-unit apartment property in Coos Bay includes a mix of studio, one-bedroom, and two-bedroom residences. Property improvements include metal roofing, plumbing upgrades, individual laundry hookups, renovated units, and structural additions. The building dates to 1930 and includes a partial finished basement with a concrete perimeter, along with wood siding and membrane, metal, and rubber roofing materials.

The property is zoned R-3 and located at 1032 South 4th Street in Coos Bay, Oregon. Its reported 8.62% cap rate provides a specific financial metric for evaluating the asset. The South Coast setting offers access to beaches, fishing, boating, golf, and Oregon Dunes recreation, with Bandon Dunes and ATV riding identified in the surrounding area.

Key Highlights

  • 7‑unit apartment property with studio, 1‑bedroom, and 2‑bedroom units
  • Reported 8.62% cap rate
  • Individual laundry hookups and renovated units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with studios, one-bedroom units, and two-bedroom units, plus updated building systems and individual laundry hookups.
Where is this apartment building located?
The property is located at 1032 South 4th Street Coos Bay, OR.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 7‑unit apartment property with studio, 1‑bedroom, and 2‑bedroom units; Reported 8.62% cap rate; Individual laundry hookups and renovated units
More about this property
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