Two-Home Detached
For Sale
$380,000
180 LACLAIR St, Coos Bay, OR 97420
MultiFamily, CoosBay, OR
Property Size2,141 SF
Lot Size0.20 Acres
Price / SF$177.49
Days on Market51
Property Features for 180 LACLAIR St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1
View
Territorial
Elementary school
Madison
Middle school
Sunset
High school
Marshfield
Directions
Access from Ocean or Newmark! Houses on corner of LaClair and Milligan
Subdivision
_260
Standard status
Active
APN
351150
Size
2,141 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
25S1321-BC-03100
Tax Annual Amount
2168
Legal Description
25S1321-BC-03100
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1948
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Teresa Zamora · License #201102004
(541) 404-5822
Added: Aug 15
Changed: Sep 28
Last Checked: Oct 4 at 4:06PM
MLS# 755275715
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-3-zoned duplex consists of two detached residences totaling 2,141 square feet on a 0.2-acre corner lot. The larger home measures 1,430 square feet across two stories and includes three bedrooms, one bathroom, interior laundry, a front yard, driveway parking, a newer roof, heat-pump heating and cooling, and vinyl windows. The second residence contains 711 square feet on one level with two bedrooms, one bathroom, separate laundry and storage space, its own front yard, a large detached storage shed, and room for multiple vehicles, including RV parking. Both homes have updated luxury vinyl plank flooring and were built in 1948.
The property is within walking distance of Walmart and Southwestern Oregon Community College. Nearby recreational access includes kayaking, hiking, fishing, and beaches. Both residences are occupied by long-term tenants.
The property is within walking distance of Walmart and Southwestern Oregon Community College. Nearby recreational access includes kayaking, hiking, fishing, and beaches. Both residences are occupied by long-term tenants.
Key Highlights
- Two detached residences totaling 2,141 square feet on a 0.2‑acre corner lot
- Larger home: 1,430 square feet, 3 bedrooms, 1 bathroom, and two stories
- Second home: 711 square feet, 2 bedrooms, 1 bathroom, and single‑level layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,338
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$386,760
$386.8K
Cap Rate 7%
$276,257
$276.3K
Cap Rate 9%
$214,867
$214.9K
Market Conditions
NOI Build-Up for 2,141 SF
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.
Gross rent
$29.5K $13.80/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$27.6K $12.90/SF
− OpEx
−$8.3K −$3.87/SF
NOI
$19.3K $9.03/SF
Area
Coos County, OR
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$386,760
Cap Rate 7%
$276,257
Cap Rate 9%
$214,867
Alternative Uses
Best Use
Multifamily LT 5
$276.3K
$241.7K – $322.3K
NOI $19,338 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$256.2K
$224.2K – $298.9K
NOI $17,932 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$387.6K
$339.1K – $452.2K
NOI $27,131 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R-3-zoned corner-lot property with separate yards, laundry areas, and vehicle parking for both residences.
Where is this duplex located?
The property is located at 180 LACLAIR St Coos Bay, OR.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two detached residences totaling 2,141 square feet on a 0.2‑acre corner lot; Larger home: 1,430 square feet, 3 bedrooms, 1 bathroom, and two stories; Second home: 711 square feet, 2 bedrooms, 1 bathroom, and single‑level layout
