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Multifamily Property with Two Homes
New
For Sale
$925,000

1040 JEFFERSON St, Coos Bay, OR 97420

MultiFamily, CoosBay, OR

Property SizeContact for details
Lot Size3.00 Acres
Days on Market2

Property Features for 1040 JEFFERSON St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Elementary school Coos Bay
Middle school Coos Bay
High school Marshfield
Directions Cape Arago Highway, left on Wisconsin, straight on Cameron to gate at end of street
Subdivision _260
Standard status Active
APN 372100
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description 25S1329-BB-00300, 25S1329-BB-00200
Tax Annual Amount 4254
Legal Description 25S1329-BB-00300, 25S1329-BB-00200

Utilities

Heating system Zoned, Ductless (Heating)

Amenities

deck
fenced backyard
gated

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Roof type Metal
Listing Agency: Pacific Coast Real Estate & Development, LLC
Listed By: Levi Rider · License #201225928
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 10:06PM
MLS# 658236785

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 R-2 multifamily property includes two separate homes on individual tax lots across 3 acres. The primary residence offers 4 bedrooms, 2 bathrooms, a large living room, deck, fenced yard, and a 30x52 shop with a concrete floor. The second home has 2 bedrooms, 1 bathroom, and an open-concept layout. A studio apartment with an attached garage adds another residential component and requires restoration before use.

Property improvements include vinyl windows, updated electrical, ductless heat pumps, newer flooring and paint, water heaters, and a metal roof. Public water and sewer serve the property. The gated site is positioned at the end of the road and adjoins forest land on three sides, creating a secluded setting in Coos Bay. Showings are by appointment only, with no drive-by visits.

Key Highlights

  • Two homes on separate tax lots across 3 acres
  • Primary home includes 4 bedrooms, 2 bathrooms, deck, fenced yard, and living room
  • 30x52 shop with concrete floor

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Building Supply Hair Salon

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

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
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
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

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

What type of property is this?
Multifamily property - Two homes, a studio apartment, and a detached-style shop support multiple residential configurations on a gated wooded property.
Where is this multifamily property located?
The property is located at 1040 JEFFERSON St Coos Bay, OR.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two homes on separate tax lots across 3 acres; Primary home includes 4 bedrooms, 2 bathrooms, deck, fenced yard, and living room; 30x52 shop with concrete floor
More about this property
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