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5-Unit Apartment Building
For Sale
$399,000

91500 CAPE ARAGO Hwy, Coos Bay, OR 97420

CommercialSale, CoosBay, OR

Property SizeContact for details
Lot Size0.30 Acres
Days on Market9

Property Features for 91500 CAPE ARAGO Hwy

General Information

Property type Commercial Sale
Property subtype Other
Zoning UR-M
Directions Cape Arago Highway to address, near Windy Lane.
Subdivision _260
Standard status Active
APN 406001
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description 25S1436-CD-06600
Tax Annual Amount 1606
Legal Description 25S1436-CD-06600

Utilities

Heating system Zoned

Building Details

Year built 1964
Floors in Building 1
Listing Agency: Pacific Coast Real Estate & Development, LLC
Listed By: Stacie Rudolfs · License #201213102
Added: Sep 25 Changed: Sep 30 Last Checked: Oct 3 at 11:06AM
MLS# 779863325

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 five-unit apartment property was built in 1964 and occupies a 0.3-acre lot. Four apartments have one bedroom, while the remaining unit has two. Heating is zoned, and the property carries UR-M zoning. Two apartments are vacant.

The property is on Cape Arago Highway, minutes from Sunset Beach and Bastendorff Beach.

Key Highlights

  • Five apartments on a 0.3‑acre lot
  • Four one‑bedroom units and one two‑bedroom unit
  • Two of the five 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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - UR-M-zoned residential property with a mix of one- 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 apartments on a 0.3‑acre lot; Four one‑bedroom units and one two‑bedroom unit; Two of the five units are vacant
More about this property
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