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Multifamily Property Near Ocean
For Sale
$1,950,000

29696 Shore Pine Lane, Gold Beach, OR 97444

Multifamily asset with an established manager expected to remain in place for the new owner.

Property Size9,620 SF
Price / SF$202.70
Days on Market1924

Property Features for 29696 Shore Pine Lane

General Information

Standard status Active
Size 9,620 SF
Property subtype Multi Family
Zoning 4C
Net Operating Income $104,299

Taxes and HOA fees

Annual Taxes $3,583

Amenities

Cable, All units have range and refrigerator but one refrigerator tenant owned. All upstairs units have ocean view from at least one window. Landlord pays water, sewer, trash. Tenants pay electric, cable tv. No natural gas available., Walk to ocean, shopping, restaurants
2
Crawl Space, Partial Basement
Concrete Perimeter
Metal
Pacific Ocean
T111Siding

Building Details

Year Built 1950
Listing Agency: Michael J. Jacobson
Listed By: Michael Jacobson · License #00591799
Source: Compass
Added: May 31, 2021 Changed: Sep 2 Last Checked: Sep 4 at 2:48PM

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 Michael J. Jacobson

Investment Insights

Based on property information with market context.

This 9,620-square-foot multifamily property was built in 1950 and includes crawl space, partial basement, and concrete perimeter construction. Exterior materials include metal and T1-11 siding. The property is identified as 4C zoning and is located at 29696 Shore Pine Lane in Gold Beach, Oregon.

Management has been in place for two plus years, with the current manager indicating an interest in continuing after a sale. The property is at least 1/4 mile from the ocean. The current condition is described as requiring only ordinary wear-and-tear maintenance, and any offer is subject to interior inspection. Tenant privacy is requested during the sale process.

Key Highlights

  • 9,620‑square‑foot multifamily property
  • Built in 1950 with metal and T1‑11 siding
  • 4C zoning designation

Property Analytics

Current Use

Gold Beach Pump ... Electrical Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage Catering Service Auto Repair Shop Florist

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

469
Businesses Nearby

Demographics for 97444, OR

5,471
Population
3,347
Households
1.6
Avg Household Size
57
Median Age
22%
College-Educated
94%
High-School Grad
163.1 sq mi
ZIP Area
34
Density / Sq Mi
$64,600
Median Household Income
$41,789
Median Earnings
$1,086
Median Rent
$396,000
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 - Multifamily asset with an established manager expected to remain in place for the new owner.
Where is this multifamily property located?
The property is located at 29696 Shore Pine Lane Gold Beach, OR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 9,620‑square‑foot multifamily property; Built in 1950 with metal and T1‑11 siding; 4C zoning designation
More about this property
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