Listing Agency: Triple Oaks Realty LLC Show Phone

Listed By: Melissa Stiltner · License #201240500 Show Phone

Source: Exprealty

Added: Aug 27 Changed: Aug 31 Last Checked: Sep 1 at 11:38PM

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Investment Insights

Based on property information with market context.

This six-unit apartment property combines five residential units with one commercial space. The building has undergone a full renovation, and most residential units feature contemporary kitchens and bathrooms, updated flooring, and modern interior finishes. The commercial suite includes its own bathroom and a dedicated office area.

The property sits one block from Old Town Reedsport, with local shopping, dining, and waterfront views nearby. Its blend of residential and commercial occupancy creates a varied configuration within a single building.

Key Highlights

• Six‑unit configuration with 5 residential units and 1 commercial space
• Fully renovated property with updated finishes throughout
• Most residential units include contemporary kitchens and bathrooms

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Dental Office Hair Salon Electrical Service (Bike/Boat/Book/etc) Store

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

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

237

Businesses Nearby

Explore this area Business Placement

Demographics for 97467, OR

5,602

Population

2,816

Households

2

Avg Household Size

53

Median Age

14%

College-Educated

93%

High-School Grad

327.9 sq mi

ZIP Area

17

Density / Sq Mi

$58,333

Median Household Income

$41,441

Median Earnings

$750

Median Rent

$224,100

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?

Apartment building - Updated residential units accompany a commercial suite with a private office and bathroom.

Where is this apartment building located?

The property is located at 582 Winchester Ave Winchester Bay, OR.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Six‑unit configuration with 5 residential units and 1 commercial space; Fully renovated property with updated finishes throughout; Most residential units include contemporary kitchens and bathrooms