20-Unit Apartment Complex with
For Sale
$2,950,000
349 W Pine Street, Central Point, OR 97502
Twenty single-level flats with patios or decks, plus a recreation room and inground pool on-site.
Property SizeContact for details
Days on Market549
Property Features for 349 W Pine Street
General Information
Standard status
Active
Property subtype
Multi-family
Building Details
Year Built
1973
Listing Agency:
Windermere Van Vleet & Assoc.
Listed By:
Robert Methvin · License #791100078
(541) 944-4002
Source:
Century21northhomes
Added: May 3, 2025
Changed: Nov 1
Last Checked: Nov 1 at 6:40AM
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 Windermere Van Vleet & Assoc.
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Investment Insights
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This 20-unit apartment complex is organized as five two-story buildings with four units per building. Each unit is a single-level flat featuring 2 bedrooms and 1 bathroom, with electric baseboard or ceiling cable heat and a wall air conditioner. Units also offer a patio or deck. The property includes a recreation room and an inground pool, and each tenant is assigned two parking spaces.
Tenants pay their portion of water and sewer expenses, which ranges from $45 to $60 per month. Reported rental rates range from $745 to $1,095 per month, generating monthly gross rents of $19,496 and $944 in water and sewer reimbursement.
The offering is described as 20 residential income units with each unit approximately 896 square feet.
Tenants pay their portion of water and sewer expenses, which ranges from $45 to $60 per month. Reported rental rates range from $745 to $1,095 per month, generating monthly gross rents of $19,496 and $944 in water and sewer reimbursement.
The offering is described as 20 residential income units with each unit approximately 896 square feet.
Key Highlights
- 20‑unit apartment complex with 2‑bedroom, 1‑bath single‑level flats and patios or decks
- Five two‑story buildings with 4 units each; each unit is approximately 896 SF
- Inground pool and recreation room on‑site
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Twenty single-level flats with patios or decks, plus a recreation room and inground pool on-site.
Where is this apartment building located?
The property is located at 349 W Pine Street Central Point, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 20‑unit apartment complex with 2‑bedroom, 1‑bath single‑level flats and patios or decks; Five two‑story buildings with 4 units each; each unit is approximately 896 SF; Inground pool and recreation room on‑site
