333 S Old Pacific Hwy

Myrtle Creek, OR 97457

$589,900
Price
—
Beds
—
Baths
7,700 Sq. Ft.
$77 / Sq. Ft.
7,700
Sq. Ft.
$77
per Sq. Ft.
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Description

Major Price Reduction — Investment Opportunity! This fully occupied 7-unit property generates approximately $82,140 in annual gross income and offers a rare mix of diverse rental types — including a triplex, two detached rental units, two rented RV spaces, and a large commercial shop. Ideal for owner-user investors, the shop provides potential for a personal business space or additional income. There may also be opportunities to convert unused square footage into more rentable units. Enjoy excellent...Major Price Reduction — Investment Opportunity! This fully occupied 7-unit property generates approximately $82,140 in annual gross income and offers a rare mix of diverse rental types — including a triplex, two detached rental units, two rented RV spaces, and a large commercial shop. Ideal for owner-user investors, the shop provides potential for a personal business space or additional income. There may also be opportunities to convert unused square footage into more rentable units. Enjoy excellent street frontage, stable cash flow, and professional property management already in place for a smooth transition. Don’t miss your chance to own a versatile, income-producing property with room to grow — schedule a private showing today with your favorite broker!

Property Details for 333 South Old Pacific Highway

Parking Features
Off Street, RVAccess Parking
Zoning
R2,CC
View
Mountain
Garage Spaces
9.00
Parking Total
9.00
LISTING UPDATED: 10/28/2025 10:56 AM

Property Details for 333 South Old Pacific Highway

StatusActive
MLS #721054192
Days on Market244
Taxes$2,832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1947
Lot Size0.50 AC / 21,780 SF
CountyDouglas County

Location

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Building Information for 333 South Old Pacific Highway

Stories2Residences8Year Built1947Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$3,151 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,915

Property Taxes

$236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 333 South Old Pacific Highway

Summary
Location and General Information
  • Country: US
  • Directions: Sign on property, Lockbox right of shop on fence
  • Road Surface: Gravel
School Information
  • Elementary School: Myrtle Creek
  • High School: Other
  • Middle Or Junior School: Other
Taxes and HOA
  • Management Name: Real Wise PM
  • Tax Year: 2024
  • Tax Annual Amount: $2,831.95
  • Parcel Number: R28566
  • Tax Legal Description: TRI-CITY TRACTS, LOT 2, ACRES 0.50
Property
Lot Information
  • Acres: 0.5
  • Lot Description: Level, Public Road
  • Lot Size Square Feet: 21780.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1947
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Ductless, Forced Air, Wall Heater
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Heat, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Hard Concrete Stucco, T111Siding
  • Roof Type: Built Up, Membrane
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $82,140.00
  • Gross Income Projected: $82,140.00
  • Gross Rent Multiplier: $7.18
  • Investor Information: According To Owner, Incomplete, Leases, Rent Records
  • Net Income Actual: $53,391.00
  • Net Income Projected: 53391
  • Operating Expenses Projected: $28,749.00
  • Operating Expense: $28,749.00
  • Security Features: Security Lights
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 7700
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 1.10
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,265
  • Unit Type 1 SqFt: 1000.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Rent: $900
  • Unit Type 2 SqFt: 1000.0
  • 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: 2
  • Unit Type 3 Rent: $850
  • Unit Type 3 SqFt: 700.0
  • Unit Type 3 Units Total: 2
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Rent: $795
  • Unit Type 4 SqFt: 600
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 0
  • Unit Type 5 Baths Decimal: .00
  • Unit Type 5 Beds Total: 0
  • Unit Type 5 Features: Storage
  • Unit Type 5 Rent: $1,000
  • Unit Type 5 SqFt: 2000.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 0
  • Unit Type 6 Baths Decimal: .00
  • Unit Type 6 Beds Total: 0
  • Unit Type 6 Rent: $600
  • Unit Type 6 SqFt: 1000.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 0
  • Unit Type 7 Baths Decimal: .00
  • Unit Type 7 Beds Total: 0
  • Unit Type 7 Rent: $550
  • Unit Type 7 SqFt: 1000
  • Unit Type 7 Units Total: 1

Public Records for 333 South Old Pacific Highway

Taxable ValueLand-Additions-Total-
Tax Record2024$2,832 ($236 / month)
Home Facts
Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories1Lot Size21,780 SqFtStyleMiscellaneous CommercialZoningR2CountyDOUGLASAPN30-05W-07AD-01900

Schools near 333 South Old Pacific Highway

This home is within South Umpqua School District 19.
Rating
School
Type
Grades
Distance
Tri City Elementary School
Public - PK to 5
South Umpqua Online Academy
Public - K to 12
South Umpqua High School
Public - 9 to 12
Myrtle Creek Elementary School
Public - PK to 5
Rating
School
Distance
Tri City Elementary School
PublicPK to 5

South Umpqua Online Academy
PublicK to 12

South Umpqua High School
Public9 to 12

Myrtle Creek Elementary School
PublicPK to 5

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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More information about 333 South Old Pacific Highway, Myrtle Creek, OR 97457

333 South Old Pacific Highway is a multi-family home for sale in Myrtle Creek, OR 97457. This property was listed for sale on April 15, 2025 by Knipe Realty ERA Powered, it's currently listed at $589,900. This listing's school district is South Umpqua School District 19. Nearby schools include Tri City Elementary School, South Umpqua Online Academy and South Umpqua High School. 333 South Old Pacific Highway is a 0-bed, 0-bath, 7,700 sqft multi-family home built in 1947.

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 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 Knipe Realty ERA Powered

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 © 2025 RMLS, Portland, Oregon. Last updated: 10/28/2025 10:56 AM