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6-Unit Apartment Building
New
For Sale
$680,000

1662 Mcpherson ST, North Bend, OR 97459

Homes are arranged with ground-floor living areas and sleeping rooms on the upper level.

Property Size800 SF
Price / SF$850
Days on Market2

Property Features for 1662 Mcpherson ST

General Information

Standard status Active
Size 800 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Building Details

Year Built 1974
Listing Agency: Stellar Realty Northwest
Listed By: Vicki Gile
Source: Gilegroup
Added: Sep 30 Last Checked: Oct 1 at 10:39AM

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 Stellar Realty Northwest

Investment Insights

Based on property information with market context.

This six-unit apartment property was built in 1974. The residences have living areas on the lower floors, with bedrooms above. One apartment has undergone a recent remodel, and the property is being offered in as-is condition.

Back-lot paving was recently completed, and trees were removed from the site.

Key Highlights

  • Six apartment units
  • Living areas occupy the lower floors, with bedrooms above
  • One apartment recently remodeled

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Parking Lot & Garage Grocery & Convenience Store Locksmith HVAC Service Auto Parts 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
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Homes are arranged with ground-floor living areas and sleeping rooms on the upper level.
Where is this multifamily property located?
The property is located at 1662 Mcpherson ST North Bend, OR.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Six apartment units; Living areas occupy the lower floors, with bedrooms above; One apartment recently remodeled
More about this property
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