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5-Unit Apartment Building
New
For Sale
$399,000

91500 Cape Arago HWY, Coos Bay, OR 97420

Two apartments are vacant, while the property includes both one-bedroom and two-bedroom layouts.

Property Size400 SF
Price / SF$997.50
Days on Market5

Property Features for 91500 Cape Arago HWY

General Information

Standard status Active
Size 400 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Additional Details

Asking Price $399,000

Building Details

Year Built 1964
Listing Agency: West Coast Real Estate Service
Listed By: The Reger Group
Source: Searchpnwhouses
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 4 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West Coast Real Estate Service

Investment Insights

Based on property information with market context.

Built in 1964, this apartment property contains five units. Four have one bedroom, a bathroom, kitchen, dining area, and living room; the remaining unit has two bedrooms with the same listed spaces. Two units are vacant.

The property is located minutes from Sunset Beach and Bastendorff Beach, with an address on Cape Arago Highway in Coos Bay.

Key Highlights

  • Five apartment units
  • Four one‑bedroom units and one two‑bedroom unit
  • Two units are vacant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Nail Salon Building Supply Grocery & Convenience 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

34
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two apartments are vacant, while the property includes both one-bedroom and two-bedroom layouts.
Where is this apartment building located?
The property is located at 91500 Cape Arago HWY 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: Five apartment units; Four one‑bedroom units and one two‑bedroom unit; Two units are vacant
More about this property
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