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Six-Unit Apartment Building
For Sale
$739,000

1662 Mcpherson Street, North Bend, OR 97459

Two-level units, recent rear paving, and one remodeled apartment support a practical multifamily layout.

Property Size800 SF
Price / SF$923.75
Days on Market624

Property Features for 1662 Mcpherson Street

General Information

Standard status Active
Size 800 SF
Property subtype Multi Family
Zoning RM

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,795

Amenities

Finished
Concrete Perimeter
Membrane
Wood Composite, Wood Siding

Building Details

Year Built 1974
Listing Agency: Siskiyou Coast Realty
Listed By: Kim Nye · License #201220185
Source: Compass
Added: Dec 15, 2024 Changed: Aug 29 Last Checked: Aug 31 at 12:19AM

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 Siskiyou Coast Realty

Investment Insights

Based on property information with market context.

Built in 1974, this RM-zoned multifamily property contains six apartments, each configured with two bedrooms and one bathroom. The units use a split-level arrangement, with living spaces on the lower floor and bedrooms above. One apartment has been remodeled, while the property is offered in its current as-is condition.

The property is located on Mcpherson Street in North Bend, Oregon. Rear paving has been completed, adding a recent site improvement. Exterior materials include wood composite and wood siding, with membrane roofing. Interior construction includes finished areas and a concrete perimeter foundation.

Key Highlights

  • Six apartments with two bedrooms and one bathroom per unit
  • Split‑level floor plans place living areas downstairs and bedrooms upstairs
  • One apartment has been newly remodeled

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Parking Lot & Garage Grocery & Convenience Store Locksmith HVAC Service Home Appliance Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 97459, OR

14,932
Population
6,856
Households
2.2
Avg Household Size
46
Median Age
29%
College-Educated
93%
High-School Grad
109.3 sq mi
ZIP Area
137
Density / Sq Mi
$79,679
Median Household Income
$39,665
Median Earnings
$1,066
Median Rent
$349,700
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 - Two-level units, recent rear paving, and one remodeled apartment support a practical multifamily layout.
Where is this apartment building located?
The property is located at 1662 Mcpherson Street North Bend, OR.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Six apartments with two bedrooms and one bathroom per unit; Split‑level floor plans place living areas downstairs and bedrooms upstairs; One apartment has been newly remodeled
More about this property
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