Coquille Six-Plex Investment
1035 W 11TH St Coquille, OR 97423
For Sale
$650,000
MULTI_FAMILY - Coquille, OR
Property Size3,894 SF
Lot Size0.32 Acres
Price / SF$166.92
Days on Market121
Property Features for 1035 W 11TH St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bedrooms
- 11
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 5, Bedroom 10, Bedroom 9, Bathroom 1, Bedroom 11, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 2
- Standard status
- Active
- APN
- 738802
- Size
- 3,894 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Description
- 27-13-36CC TL 2600
- Tax Annual Amount
- 3672
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Number of units
- 6
- Roof type
- Composition
Listing Agency:
Grami Properties
(541) 260-4663
Listed By:
Mariah Grami · License #200308203
(541) 260-4663
Added: Mar 27
Changed: Jun 9
Last Checked: Jul 25 at 11:06AM
MLS# 377991127
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 multifamily property in Coquille, Oregon, presents an investment opportunity. The property features six units: five 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with efficient layouts. The building has a new roof installed in 2024. The property includes storage, parking, and yard space. A shed is plumbed for a washer and dryer, and some units have washer and dryer hook-ups. The property is situated on a 0.32-acre lot. The building size is 3,894 square feet. The zoning is R.
Key Highlights
- Coquille six‑plex built in 1966
- Five 2BR/1BA units and one 3BR/1BA unit
- New composition roof installed in 2024
Financial Insights For Apartment 5plus
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 | $63.1k | $16.20 |
| − Vacancy | −$3.8k | −$0.97 |
| EGI | $59.3k | $15.23 |
| − OpEx | −$26.7k | −$6.85 |
| NOI | $32.6k | $8.38 |
3,894 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$465.9K
$407.7K – $543.6K
NOI $32,614 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$704.9K
$616.8K – $822.4K
NOI $49,345 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in Coquille with recent roof updates.
Where is this apartment building located?
The property is located at 1035 W 11TH St Coquille, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Coquille six‑plex built in 1966; Five 2BR/1BA units and one 3BR/1BA unit; New composition roof installed in 2024
