1160 Ivy Avenue

Sold 4/20/22
Sold 4/20/22
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Sold
Last Sold Price
$580,000
1160 Ivy Ave, Reedsport, OR 97467
Multi FamilyProperty Type
1978Year Built

Description

Investment Opportunity! This 6-unit complex is located in the heart of Reedsport, close to amenities. New exterior paint recently completed. Each unit has 2 bedrooms & 1 bathroom and is fully occupied. Apartments are currently managed by Coastal Property Management.Investment Opportunity! This 6-unit complex is located in the heart of Reedsport, close to amenities. New exterior paint recently completed. Each unit has 2 bedrooms & 1 bathroom and is fully occupied. Apartments are currently managed by Coastal Property Management.
  • Listed by: Jim Hoberg • West Coast Real Estate Service
Listing closed: 04/20/2022 12:00 AM • Source: RMLS, MLS#: 21184611

Recent comparable sales

Median sold price

$325,000

Avg days on market

207

Sale-to-list ratio

87.7%

Reedsport, OR

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Amenities

  • Parking Included
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Location

Listing Courtesy of West Coast Real Estate Service

Sold By Pacific Properties

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$3,198 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,948

Property Taxes

$250

HOA Dues

$0

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Property Information for 1160 Ivy Avenue

Property Details
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1978
Summary
Location and General Information
  • Area: Douglas Co: North Douglas County
  • Country: US
  • Directions: Hwy 101 S, R on Juniper Ave, L on Ivy Ave, complex on Left
  • Road Surface: Paved
Parking
  • Parking Features: Paved
Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Year: 2020
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: C-2
Property and Assessments
  • Water Description: Public Water
  • Property Condition: Existing
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, T-111 Siding
  • Roof Type: Composition
Interior Features
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $35,551
  • Gross Rent Multiplier: 17
  • Net Income Actual: $29,491
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: $6,059
  • SqFt Approximate Building Total: 4816
  • Unit Features: Dishwasher, Refrigerator
  • Unit Type Type: 1, 2, 3, 4, 5, 6
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Refrigerator
  • Unit Type 1 Rent: $695
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator
  • Unit Type 2 Rent: $650
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Refrigerator
  • Unit Type 3 Rent: $650
  • Unit Type 3 Units Total: 1
Unit 4
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Refrigerator
  • Unit Type 4 Rent: $725
  • Unit Type 4 UnitsTotal: 1
Unit 5
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Refrigerator
  • Unit Type 5 Rent: $695
  • Unit Type 5 Units Total: 1
Unit 6
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher
  • Unit Type 6 Rent: $695
  • Unit Type 6 Units Total: 1
Unit 7
  • Unit Type 7 Features: Refrigerator

Schools near 1160 Ivy Avenue

This home is within Reedsport School District 105.
Rating
School
Type
Grades
Distance
Highland Elementary School
Public - K to 6
Reedsport Community Charter School
Charter - K to 12
Rating
School
Distance
Highland Elementary School
PublicK to 6

Reedsport Community Charter School
CharterK to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1160 Ivy Avenue, Reedsport, OR 97467
$580,000
–
–
–
–
1180 Ivy Avenue, Reedsport, OR 97467
$54,000
–
–
1,260
11,326
1199 Highway 101 South, Reedsport, OR 97467
–
–
–
1,458
10,890
1179 Ivy Avenue, Reedsport, OR 97467
$50,000
–
2
680
2,178
1189 Ivy Avenue, Reedsport, OR 97467
$159,000
2
1
886
3,920
1226 Ivy Avenue, Reedsport, OR 97467
$170,000
2
724
4,791

Explore Nearby Homes

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Listing Courtesy of West Coast Real Estate Service

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: 04/21/2022 05:27 PM