3-Unit Residential
For Sale
$399,000
846 S 11TH St, Coos Bay, OR 97420
MultiFamily, CoosBay, OR
Property Size2,052 SF
Lot Size0.10 Acres
Price / SF$194.44
Days on Market166
Property Features for 846 S 11TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
View
Territorial, City
Elementary school
Coos Bay
Middle school
Coos Bay
High school
Marshfield
Directions
Behind Marshfield High School
Subdivision
_260
Standard status
Active
APN
7007201
Size
2,052 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
25S1334-AD-02200
Tax Annual Amount
2978
Legal Description
25S1334-AD-02200
Utilities
Heating system
Forced Air
Building Details
Year built
1925
Floors in Building
2
Number of units
3
Roof type
Composition, Metal
Buildings
2
Listing Agency:
Pacific Coast Real Estate & Development, LLC
(541) 808-3297
Listed By:
Amy Aguirre
(541) 217-7725
Added: May 20
Changed: Nov 1
Last Checked: Nov 1 at 3:06PM
MLS# 198435879
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.
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Investment Insights
Based on property information with market context.
This 1925 residential property contains 2,052 square feet across a three-bedroom, one-bathroom main residence and a rear duplex with two studio units. The main home includes a living room, breakfast nook, formal dining room, laundry area, and full basement. Updates include new flooring, refinished hardwood floors, fresh paint, selected fixtures and appliances, and a natural gas furnace. One studio has also received new flooring and paint; both studios have small kitchens and eating areas. The roof is described as a metal-shingle roof.
The 0.1-acre property is in Coos Bay and zoned R. The rear duplex has alley access for separate entry and parking. The main home and duplex offer a three-unit configuration, with one studio recently updated.
The 0.1-acre property is in Coos Bay and zoned R. The rear duplex has alley access for separate entry and parking. The main home and duplex offer a three-unit configuration, with one studio recently updated.
Key Highlights
- Three residential units: a three‑bedroom home and two studio apartments
- 2,052 square feet on a 0.1‑acre lot
- Main residence has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,534
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,680
$370.7K
Cap Rate 7%
$264,771
$264.8K
Cap Rate 9%
$205,933
$205.9K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$28.3K $13.80/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$26.5K $12.90/SF
− OpEx
−$7.9K −$3.87/SF
NOI
$18.5K $9.03/SF
Area
Coos County, OR
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,680
Cap Rate 7%
$264,771
Cap Rate 9%
$205,933
Alternative Uses
Best Use
Multifamily LT 5
$264.8K
$231.7K – $308.9K
NOI $18,534 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$245.5K
$214.8K – $286.4K
NOI $17,186 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$371.5K
$325.0K – $433.4K
NOI $26,003 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A renovated main residence and rear studio duplex provide three rental units with separate alley access.
Where is this triplex located?
The property is located at 846 S 11TH St Coos Bay, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three residential units: a three‑bedroom home and two studio apartments; 2,052 square feet on a 0.1‑acre lot; Main residence has 3 bedrooms and 1 bathroom
