Last Sold Price
2,936 sqft$111/sqft
2621 Bowman Rd, Reedsport, OR 97467

Description

Beautiful multifamily investment property on the Oregon Coast. This fully occupied duplex, with excellent rental history in Reedsport features two bedrooms, one bathroom, with almost 1500 square feet of living space per side. The units have amazing natural light, an oversized living space, generous sized bedrooms, washer and dryer hookups, a large basement for extra storage & a shared very large backyard. Upgrades include: roof replaced Sept 2022, Unit 2623 got new siding/upper window in 2024. Live...Beautiful multifamily investment property on the Oregon Coast. This fully occupied duplex, with excellent rental history in Reedsport features two bedrooms, one bathroom, with almost 1500 square feet of living space per side. The units have amazing natural light, an oversized living space, generous sized bedrooms, washer and dryer hookups, a large basement for extra storage & a shared very large backyard. Upgrades include: roof replaced Sept 2022, Unit 2623 got new siding/upper window in 2024. Live in one and keep the other rented or enjoy a turn key fully occupied duplex! You do not want to miss out on this opportunity! Duplex is located near schools and parks. Tenants responsible for all utilities other than water/sewer. This duplex is professionally managed. Do not disturb tenants. Listing broker is member of seller LLC.
LISTING CLOSED: 08/29/2025 12:00 AM

    Property Details for 2621 Bowman Road

    Status
    MLS #
    521552671
    Days on Market
    195
    Taxes
    $2,377 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    MLS Type
    Residential Income
    Year Built
    1950
    Lot Size
    0.29 AC / 12,632 SF
    Parking Features
    Driveway, On Street
    Zoning
    R-1
    View
    Territorial
    Parking Total
    4.00

    Location

    Listing Courtesy of Oregon First

    Sold By Non Rmls Broker

    Add your commute

    Building Information for 2621 Bowman Road

    Stories2Residences2Year Built1950Building Size-Lot Size0.29 AC / 12,632 SF

    Payment Calculator

    $1,850 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,652

    Property Taxes

    $198

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Property Information for 2621 Bowman Road

    Summary
    Location and General Information
    • Country: US
    • Directions: S Hill Drive
    • Road Surface: Concrete, Paved
    School Information
    • Elementary School: Highland
    • High School: Reedsport
    • Middle Or Junior School: Reedsport
    Taxes and HOA
    • HOA Y/N: No
    • Tax Year: 2024
    • Tax Annual Amount: $2,376.62
    • Parcel Number: R49166
    • Tax Legal Description: TRACT M&B V169 P178, ACRES 0.29
    Property
    Lot Information
    • Acres: 0.29
    • Lot Description: Commons
    • Lot Size Square Feet: 12632.0
    • Lot Size Range: Sq Ft10000to14999
    • Lot Size: 10,000 to 14,999 Sq Ft
    Property and Assessments
    • Property Sub Type: Duplex
    • Property Type: Residential Income
    • Water Description: Public Water
    • Property Condition: Approximately
    • Year Built: 1950
    Utilities
    • Cooling Description: None
    • Fuel Description: Electricity
    • Heating Description: Forced Air
    • Hot Water Description: Electricity
    • Sewer Description: Public Sewer
    • Rent Includes: Maintenance Grounds, Sewer, Water
    Interior and Exterior Features
    Exterior Features
    • Exterior Description: Stucco, T111Siding
    • Roof Type: Composition, Shingle
    • Construction Materials: Stucco, Wood Siding
    Interior Features
    • Basement: Exterior Entry, Full Basement, Partially Finished
    • Foundation Details: Block
    • Interior Features: High Speed Internet
    • Bedrooms Total: 4
    • Stories: 2
    • Heating: Yes
    Kitchen
    • Kitchen Appliances: Electric Range, Refrigerator, Electric Water Heater
    Baths
    • Total Bathrooms: 2
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 2
    • Gross Income Actual: $31,585.00
    • Gross Income Projected: $34,140.00
    • Gross Rent Multiplier: $11.24
    • Investor Information: According To Owner, Annual Property Operation Data, Maintenance Records Available, Rent Records
    • Net Income Actual: $22,501.00
    • Net Income Projected: 24845
    • Operating Expenses Projected: $9,295.00
    • Operating Expense: $9,084.00
    • Security Features: Entry, Sidewalk
    • Storage: Basement
    • Unit Type Type: Unit Type Type1, Unit Type Type2
    • Common Amenities: All Landscaping
    • SqFt Approximate Building Total: 2936
    Unit 1 Information
    • Unit Type 1 Baths Total: 1
    • Unit Type 1 Baths Decimal: 1.00
    • Unit Type 1 Beds Total: 2
    • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup
    • Unit Type 1 Rent: $1,350
    • Unit Type 1 SqFt: 1500.0
    • 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: 2
    • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup
    • Unit Type 2 Rent: $1,270
    • Unit Type 2 SqFt: 1500.0
    • Unit Type 2 Units Total: 1

    Property History for 2621 Bowman Road

    DateEvent & SourcePriceAppreciation
    Aug 22, 2025

    Sold (Public Record)

    Public Record #1910299677

    $325,000

    +17.1% / yr

    Nov 1, 2019

    Sold (Public Record)

    Public Record #656182242

    $130,000

    +0.4% / yr

    Jan 8, 2016

    Sold (Public Record)

    Public Record #563138461

    $128,000
    DateEvent & SourcePrice
    08/22/2025

    Sold (Public Record)

    Public Record #1910299677

    $325,000

    +17.1% / yr

    11/01/2019

    Sold (Public Record)

    Public Record #656182242

    $130,000

    +0.4% / yr

    01/08/2016

    Sold (Public Record)

    Public Record #563138461

    $128,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2621 Bowman Road

    Taxable ValueLand-Additions-Total-
    Tax Record2025$2,447 ($204 / month)
    Home Facts
    Total Finished SqFt1,468 SqFtAbove Grade Finished SqFt1,468 SqFtUnfinished Basement SqFt880 SqFtStories2Lot Size12,632 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950CountyDOUGLASAPN22-12W-04DA-00700

    Schools near 2621 Bowman Road

    This home is within Reedsport School District 105.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    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: 2621 Bowman Road, Reedsport, OR 97467
    $325,000
    2,936
    12,632
    3
    2
    1,464
    12,632
    $135,000
    3
    2
    1,220
    5,663
    $206,900
    4
    1,752
    14,374
    $293,100
    3
    1,474
    8,276
    $116,000
    2
    1,160
    13,503

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Oregon First

    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: 08/31/2025 01:23 PM