Multi-Unit Residential Property with Fish
For Sale
$465,000
62934 CROWN POINT Rd, Coos Bay, OR 97420
MULTI_FAMILY - CoosBay, OR
Property Size2,258 SF
Lot Size0.70 Acres
Price / SF$205.93
Days on Market92
Property Features for 62934 CROWN POINT Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RR-2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 2
Subdivision
Crown Point
Elementary school
Eastside
Middle school
Marshfield
High school
Marshfield
Directions
Cape Arago Hwy, East on Libby Lane, South (right) on Crown Point Road
Standard status
Active
APN
7318000
Size
2,258 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Description
Lot 17, Crown Point Home Sites, Coos County, Oregon
Tax Annual Amount
2592
Legal Description
Lot 17, Crown Point Home Sites, Coos County, Oregon
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Roof type
Tar/Gravel, Composition, Metal
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Amanda Legaspino
(541) 915-9815
Added: Apr 30
Changed: Jul 30
Last Checked: Jul 30 at 4:06PM
MLS# 330375397
Copyright © 2026 Regional Multiple Listing Services. 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 multi-unit residential property includes a spacious main residence with two bedrooms and two bathrooms. An attached studio apartment provides additional kitchen and bath space, and the layout also features two oversized rooms that could serve as a family room, office, craft studio, or guest space. A separate detached two-bedroom home is tucked into the backyard, and the property also offers two residential addresses, a two-car garage, and a carport with abundant parking. Outside, landscaped grounds include a small fish pond and paved walking paths, creating a park-like setting. Roof-mounted solar panels are also included; system details should be verified by the buyer.
Set on approximately 0.70 acres, the property borders more than 100 acres of State of Oregon land dedicated to the South Slough Estuary, supporting a greater sense of seclusion. The location is over the Crown Point Bridge, and is described as just minutes from Oregon Coast beaches, Charleston, Shore Acres State Park, and Sunset Bay State Park, with less than 15 minutes to Southwestern Oregon Community College.
The configuration supports a range of household and rental arrangements, including multi-generational living or longer-term and/or vacation-style leasing, subject to buyer due diligence and any applicable local regulations. With multiple dwellings, two addresses, and on-site parking, the property may appeal to buyers seeking residential flexibility in a quiet coastal area.
Set on approximately 0.70 acres, the property borders more than 100 acres of State of Oregon land dedicated to the South Slough Estuary, supporting a greater sense of seclusion. The location is over the Crown Point Bridge, and is described as just minutes from Oregon Coast beaches, Charleston, Shore Acres State Park, and Sunset Bay State Park, with less than 15 minutes to Southwestern Oregon Community College.
The configuration supports a range of household and rental arrangements, including multi-generational living or longer-term and/or vacation-style leasing, subject to buyer due diligence and any applicable local regulations. With multiple dwellings, two addresses, and on-site parking, the property may appeal to buyers seeking residential flexibility in a quiet coastal area.
Key Highlights
- Multi‑dwelling property on 0.70 acres, built in 1954
- Spacious main residence with 2 bedrooms and 2 bathrooms, plus an attached studio apartment with bathroom and kitchen space
- Separate detached 2‑bedroom home tucked into the backyard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $13.80 |
| − Vacancy | −$2.0k | −$0.90 |
| EGI | $29.1k | $12.90 |
| − OpEx | −$8.7k | −$3.87 |
| NOI | $20.4k | $9.03 |
2,258 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$291.3K
$254.9K – $339.9K
NOI $20,394 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$270.2K
$236.4K – $315.2K
NOI $18,912 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$408.8K
$357.7K – $476.9K
NOI $28,613 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 97420, OR
27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multiple dwellings on landscaped grounds with a small fish pond and paved paths, offering flexible residential use on RR-2 zoning.
Where is this duplex located?
The property is located at 62934 CROWN POINT Rd Coos Bay, OR.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Multi‑dwelling property on 0.70 acres, built in 1954; Spacious main residence with 2 bedrooms and 2 bathrooms, plus an attached studio apartment with bathroom and kitchen space; Separate detached 2‑bedroom home tucked into the backyard
