Triplex with Two Four-Bed
New
For Sale
$389,000
877 LANDING St, Sutherlin, OR 97479
MULTI_FAMILY - Sutherlin, OR
Property Size3,988 SF
Lot Size0.40 Acres
Price / SF$97.54
Days on Market3
Property Features for 877 LANDING St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bedroom 9, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 10, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 7, Bedroom 11, Bathroom 3, Bedroom 3, Bathroom 2
Elementary school
West Sutherlin
Middle school
Sutherlin
High school
Sutherlin
Directions
Exit 136, Right onto Central, Right on S Comstock Road, Left onto Landing Street
Subdivision
_256
Standard status
Active
APN
R52978
Size
3,988 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Description
DEBOLT 2ND HOMESITES, LOT EAST 133.53 FT OF 10, ACRES 0.4
Legal Description
DEBOLT 2ND HOMESITES, LOT EAST 133.53 FT OF 10, ACRES 0.4
Utilities
Heating system
Forced Air
Building Details
Year built
1995
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Deleta Dickson · License #201235876
(541) 671-0578
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 2:06PM
MLS# 145978022
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 triplex at 877 LANDING St in Sutherlin, OR includes three residential units under a single roof. Two of the units are four-bedroom, two-bathroom layouts, and the middle unit is a three-bedroom, two-bathroom layout. The property was built in 1995 and features forced air heating and a composition roof.
The property sits on a 0.4-acre lot and has a total property size of 3,988 square feet. Zoning is R2, supporting residential use consistent with the property’s multifamily configuration.
The existing unit mix is well suited for tenants who need multiple bedrooms, with two larger four-bedroom arrangements and a three-bedroom option in the middle unit.
The property sits on a 0.4-acre lot and has a total property size of 3,988 square feet. Zoning is R2, supporting residential use consistent with the property’s multifamily configuration.
The existing unit mix is well suited for tenants who need multiple bedrooms, with two larger four-bedroom arrangements and a three-bedroom option in the middle unit.
Key Highlights
- Triplex configuration with two four‑bedroom, two‑bath units plus a three‑bedroom, two‑bath middle unit
- 0.4‑acre lot and total property size of 3,988 SF
- Built in 1995 with forced air heating
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 | $31.6k | $7.92 |
| − Vacancy | −$2.4k | −$0.59 |
| EGI | $29.2k | $7.33 |
| − OpEx | −$8.8k | −$2.20 |
| NOI | $20.5k | $5.13 |
3,988 SF · lease $7.92/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.2K
$255.6K – $340.9K
NOI $20,451 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$274.2K
$240.0K – $319.9K
NOI $19,196 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$690.2K
$604.0K – $805.3K
NOI $48,316 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 97479, OR
10,161
Population
4,759
Households
2.1
Avg Household Size
47
Median Age
15%
College-Educated
94%
High-School Grad
67.5 sq mi
ZIP Area
151
Density / Sq Mi
$56,493
Median Household Income
$36,867
Median Earnings
$1,207
Median Rent
$281,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Zoned R2 and heated with forced air, this triplex offers two four-bedroom units and a three-bedroom middle unit.
Where is this triplex located?
The property is located at 877 LANDING St Sutherlin, OR.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Triplex configuration with two four‑bedroom, two‑bath units plus a three‑bedroom, two‑bath middle unit; 0.4‑acre lot and total property size of 3,988 SF; Built in 1995 with forced air heating
