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Remodeled Duplex with Basement Space

790 OREGON Ave North Bend, OR 97459

New
790 OREGON Ave, North Bend, OR, 97459
$625,000
For Sale
Claim this Listing
$625,000

MULTI_FAMILY - NorthBend, OR

Property Size2,516 SF
Price / SF$248.41
AddedJul 15
Days on Market2
Last RefreshJul 16 at 11:06 am

Property Features for 790 OREGON Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-M
Bedrooms
4
Bathrooms
5
Rooms
Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2
Standard status
Active
APN
5430401
Size
2,516 SF

Taxes and HOA fees

Tax Description
25S1315-DB-00800
Tax Annual Amount
3736

Utilities

Heating system
Zoned

Building Details

Year built
1910
Floors in Building
2
Number of units
2
Roof type
Composition

Listing agent Rose Jorjorian

Listing office Pacific Properties 605 N Bayshore Dr, Coos Bay, OR

Listing date Jul 15, 2026

MLS# 770174944 Listing URL

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 fully remodeled duplex is offered turnkey and includes a spacious main unit and a separate one-bedroom unit. The main unit has three bedrooms and three bathrooms, with an oversized living room, a kitchen with ample cabinetry, butcher block countertops, and stainless steel appliances, plus a dedicated laundry room. The primary bedroom includes a walk-in closet and private ensuite bath. The second unit offers one bedroom and one bathroom with its own living space. In addition, there is a full unfinished basement that includes a bathroom.

Improvements described include new windows, electrical, plumbing, roofing, siding, drywall, and interior finishes. Exterior features include a covered patio, detached garage, and a large paved driveway providing off-street parking.

The property presents a flexible residential income setup with two separate units and supplemental basement space.

Key Highlights

  • Fully remodeled duplex (built 1910) with a 3‑bed, 3‑bath main unit plus a separate 1‑bed, 1‑bath unit
  • Extensive remodel includes windows, electrical, plumbing, roofing, siding, drywall, and interior finishes
  • Main unit features oversized living room, well‑appointed kitchen with butcher block countertops and stainless steel appliances, plus a spacious laundry room

Local 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 $34.7k $13.80
− Vacancy −$2.3k −$0.90
EGI $32.5k $12.90
− OpEx −$9.7k −$3.87
NOI $22.7k $9.03
2,516 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$324.6K
$284.1K – $378.8K (±1% cap)
NOI $22,725 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$301.0K
$263.4K – $351.2K (±1% cap)
NOI $21,073 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$455.5K
$398.5K – $531.4K (±1% cap)
NOI $31,883 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Turnkey duplex offers two units plus an unfinished basement with additional bathroom and off-street parking.
Where is this duplex located?
The property is located at 790 OREGON Ave North Bend, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully remodeled duplex (built 1910) with a 3‑bed, 3‑bath main unit plus a separate 1‑bed, 1‑bath unit; Extensive remodel includes windows, electrical, plumbing, roofing, siding, drywall, and interior finishes; Main unit features oversized living room, well‑appointed kitchen with butcher block countertops and stainless steel appliances, plus a spacious laundry room
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