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Turn-Key 8-Plex Residential Income

529 Railroad Street Brookings, OR 97415

New
529 Railroad Street, Brookings, OR, 97415
$1,400,000
For Sale
Claim this Listing
$1,400,000

MULTI_FAMILY - Contemporary - Brookings, OR

Property Size6,912 SF
Lot Size0.29 Acres
Price / SF$202.55
AddedJul 13
Days on Market2
Last RefreshJul 14 at 5:06 pm

Property Features for 529 Railroad Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street, Carport, Driveway, Parking Lot
Window features
Vinyl Frames, Aluminum Frames, Double Pane Windows
Interior features
Ceiling Fan(s), Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo
Appliances
Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
Standard status
Active
APN
R17660
Size
6,912 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3939

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Water source
Private, Public

Building Details

Year built
1973
Floors in Building
2
Number of units
8
Flooring type
Laminate, Carpet
Building materials
Frame
Roof type
Membrane, Composition
Architectural style
Contemporary

Listing agent Alex M Aaronson License #201209927

Listing office John L. Scott Medford 871 Medford Center, Medford, OR

Listing date Jul 13, 2026

MLS# 220225188 Listing URL

Copyright © 2026 Oregon Data Share. 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 contemporary 8-plex residential income property is configured with seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The building includes a coin-operated laundry room and detached carports with one dedicated covered parking space per tenant. Each unit has its own power meter, with tenants responsible for electricity. The seller’s remarks also indicate that sewer, water, and trash are paid by the owner.

The property is located at 529 Railroad Street in Brookings, Oregon (Curry County). According to the listing remarks, it is centrally located with walkability to Chetco Point and proximity to the coast.

The owner’s unit is described in the remarks as remodeled and updated in 2022–2023, and the listing notes projected rent for that unit. The exterior is also described as painted, with multiple units remodeled, following the owner’s purchase of the property.

Key Highlights

  • 8‑plex with unit mix of seven 2 bed, 1 bath open floorplans and one 1 bed, 1 bath unit
  • Projected 7% CAP rate at list price (includes projected rent from owners unit)
  • Current rents listed at $1,325, $1,320, $1,418, $1,250, $1,450, $1,295, and $825.50

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Plumbing Service Storage Facility Garden Center Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Contemporary 8-plex with coin-operated laundry, detached carports, and separate power meters for each unit.
Where is this apartment building located?
The property is located at 529 Railroad Street Brookings, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8‑plex with unit mix of seven 2 bed, 1 bath open floorplans and one 1 bed, 1 bath unit; Projected 7% CAP rate at list price (includes projected rent from owners unit); Current rents listed at $1,325, $1,320, $1,418, $1,250, $1,450, $1,295, and $825.50
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