Listing provided courtesy of Windermere Real Estate Lane CountyMLS# 607072026MLS Provider
  • 70 days on site
  • 3 views

Opportunity awaits for investors seeking a reliable, income-producing property on the Central Oregon Coast. This offering features four fully rented duplexes, all situated in a convenient and central location with amenities nearby, making it an appealing choice for both tenants and owners.The property boasts a unique advantage as it backs up to the Munsel Creek bike path greenbelt. This setting provides a peaceful forest backdrop in the backyards of each duplex, enhancing the living experience for residents and adding value to the property. While all units are currently rented, there is additional opportunity for the new owner to increase rental income. Some rents have not yet been updated to reflect current market values, presenting potential for higher returns. Comprehensive financial information is available to qualified buyers upon request. For the privacy and comfort of current tenants, a 24-hour notice is required before any property viewing. Please respect the tenants and do not disturb them without prior arrangement.

Source: Regional MLS, MLS#: 607072026

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  • Property Type
    Residential Income
  • Lot
    0.59 acres

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  • Median Age
    60
  • Population Density
    79
  • College Educated
    35%
  • Estimated Median Income
    $52,194
  • Estimated Total Home Owners
    5,488
  • Estimated Total Renters
    2,064
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    15,101
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1320 SPRUCE ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: Regional MLS Status Change
Pending
6/10/2026Source: Regional MLS Status Change
Active
6/5/2026Source: Regional MLS Status Change
Bumpable Buyer
5/14/2026Source: Regional MLS Price Reduction
$1,250,000 -16.7%
4/20/2026Source: Regional MLS Added to Database
April 20, 2026