1032 S 4th St

Coos Bay, OR 97420

$659,000
Price
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Pending
Pending
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Description

This cash-flowing 7-unit multifamily property in Coos Bay offers solid performance with an 8.62% cap rate, creating a compelling opportunity for investors seeking stable returns along Oregon’s South Coast. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, with numerous improvements completed over the years, including metal roofing, upgraded plumbing, individual laundry hookups, unit renovations, and structural additions that enhance both functionality and long-term...This cash-flowing 7-unit multifamily property in Coos Bay offers solid performance with an 8.62% cap rate, creating a compelling opportunity for investors seeking stable returns along Oregon’s South Coast. The property features a diverse unit mix of 1-bedroom, 2-bedroom, and studio units, with numerous improvements completed over the years, including metal roofing, upgraded plumbing, individual laundry hookups, unit renovations, and structural additions that enhance both functionality and long-term durability. Lower operating expenses allow the property to maintain strong financial performance while supporting consistent rental demand in a growing coastal market. Located in Coos Bay, a vibrant and growing coastal town situated on a beautiful bay, the property benefits from a lifestyle that attracts residents year-round. The area offers easy access to ATV riding on the Oregon Dunes, world-class golfing at Bandon Dunes, miles of coastal beaches, fishing, boating, and outdoor recreation, making it one of the most desirable communities along Oregon’s South Coast. Part of Oregon’s coastal “banana belt,” known for its milder climate, Coos Bay continues to see steady growth and strong demand for housing. With limited multifamily inventory and increasing interest in coastal living, properties with strong in-place income and reliable performance rarely become available. For investors seeking immediate cash flow and long-term investment stability on the Oregon Coast, this well-positioned 7-unit property represents a compelling opportunity.
  1. Listed by Gary Trenner II • Coastal Sotheby's International Realty

Property Details for 1032 South 4th Street

Parking Features
Off Street, On Street
Zoning
R-3
View
Bay, City
Parking Total
4.00
LISTING UPDATED: 05/09/2026 03:16 PM

Property Details for 1032 South 4th Street

StatusPending
MLS #752915649
Days on Market65
Taxes$3,193 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1930
Lot Size0.16 AC / 6,969 SF
CountyCoos County
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Location

Listing Courtesy of Coastal Sotheby's International Realty
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Building Information for 1032 South 4th Street

Stories2Residences7Year Built1930Building Size-Lot Size0.16 AC / 6,969 SF

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$3,550 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,284

Property Taxes

$266

HOA Dues

$0

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Property Information for 1032 South 4th Street

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101 - West on Johnson Ave - Left on S. 4th to Address.
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Coos Bay
  • High School: Marshfield
  • Middle Or Junior School: Marshfield
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,192.86
  • Parcel Number: 6905200
  • Tax Legal Description: 25S-13W-35CB-10100
Property
Lot Information
  • Acres: 0.16
  • Lot Description: Level
  • Lot Size Square Feet: 6969.0
  • Lot Size Dimension: 50 x 140
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1930
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Membrane, Metal, Rubber
Interior Features
  • Basement: Finished, Partial Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
  • Gross Income Actual: $90,420.00
  • Gross Rent Multiplier: $7.29
  • Investor Information: According To Owner
  • Net Income Actual: $60,220.00
  • Operating Expense: $30,200.00
  • Storage: Attached, Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Washer Dryer Hookup
  • Unit Type 1 Rent: $950
  • Unit Type 1 SqFt: 300.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Washer Dryer Hookup
  • Unit Type 2 Rent: $950
  • Unit Type 2 SqFt: 300.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Washer Dryer Hookup
  • Unit Type 3 Rent: $1,000
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Baths Decimal: 2.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Washer Dryer Hookup
  • Unit Type 4 Rent: $1,000
  • Unit Type 4 SqFt: 800
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Washer Dryer Hookup
  • Unit Type 5 Rent: $1,000
  • Unit Type 5 SqFt: 510.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Baths Decimal: 1.00
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Features: Washer Dryer Hookup
  • Unit Type 6 Rent: $935
  • Unit Type 6 SqFt: 510.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 2
  • Unit Type 7 Baths Decimal: 2.00
  • Unit Type 7 Beds Total: 2
  • Unit Type 7 Features: Washer Dryer Hookup
  • Unit Type 7 Rent: $1,700
  • Unit Type 7 SqFt: 720
  • Unit Type 7 Units Total: 1

Public Records for 1032 South 4th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,193 ($266 / month)
Home Facts
Total Finished SqFt3,423 SqFtAbove Grade Finished SqFt3,423 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningR-3CountyCOOSAPN25 S 13 W 35 CB 10100

Schools near 1032 South 4th Street

This home is within Coos Bay School District 9.
Rating
School
Type
Grades
Distance
Eastside School
Public - K to 2
Resource Link Charter School
Charter - K to 12
Marshfield Senior High School
Public - 9 to 12
Millicoma School
Public - 3 to 6
Rating
School
Distance
Eastside School
PublicK to 2

Resource Link Charter School
CharterK to 12

Marshfield Senior High School
Public9 to 12

Millicoma School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coastal Sotheby's International Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/09/2026 03:16 PM