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Multifamily Property with House and Duplex
For Sale
$324,900

204 NE PINE AVE, Myrtle Creek, OR 97457

Two residential structures occupy one lot, with full occupancy and recent improvements to two units.

Property SizeContact for details
Days on Market36

Property Features for 204 NE PINE AVE

General Information

Standard status Active
Property subtype MultiFamily
Listing Agency: Walt Gayner Real Estate
Listed By: Walt Gayner
Source: Eliterealtyprofessionals
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 25 at 9:47AM

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 Walt Gayner Real Estate

Investment Insights

Based on property information with market context.

This multifamily property includes a house and a duplex positioned on one lot. The existing residential configuration is currently fully occupied, while two of the units have received substantial recent work. Both structures have roofs with very little age, supporting the property’s current physical profile. The asset was built in 1948 and is located at 204 NE Pine Ave in Myrtle Creek, Oregon.

The seller is willing to consider carrying a contract, with the down payment and interest rate subject to mutual agreement.

Key Highlights

  • House and duplex situated on one lot
  • Currently fully occupied
  • Substantial recent work completed on two units

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Storage Facility Auto Parts Store Garden Center Hair Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 97457, OR

10,363
Population
4,688
Households
2.2
Avg Household Size
47
Median Age
11%
College-Educated
91%
High-School Grad
164.0 sq mi
ZIP Area
63
Density / Sq Mi
$53,514
Median Household Income
$35,857
Median Earnings
$917
Median Rent
$242,300
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?
Multifamily property - Two residential structures occupy one lot, with full occupancy and recent improvements to two units.
Where is this multifamily property located?
The property is located at 204 NE PINE AVE Myrtle Creek, OR.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: House and duplex situated on one lot; Currently fully occupied; Substantial recent work completed on two units
More about this property
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