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Multifamily Property Near Ocean
For Sale
$1,850,000

29696 Shore Pine Ln, 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$192.31
Days on Market219

Property Features for 29696 Shore Pine Ln

General Information

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

Building Details

Year Built 1950
Listing Agency: Michael J. Jacobson
Listed By: Michael Jacobson · License #200704308
Source: Evokepropertypartners
Added: Mar 17 Changed: Oct 1 Last Checked: Oct 7 at 1:06PM

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

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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

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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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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 Ln Gold Beach, OR.
What is the asking price?
The asking price for this property is $1,850,000.
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
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