Active
4,672 sqft$213/sqft
582 Winchester Ave, Reedsport, OR 97467
Est: $5,452/moGet pre-approved
Multi FamilyProperty Type
4,356 sq ftLot Size
1964Year Built
$213/sq ftPrice per sq ft

Description

Prime Mixed-Use Investment Opportunity in Old Town Reedsport – 6 Units with Incredible Income & Upside! Welcome to an exceptional multi-use investment property located just one block from charming Old Town Reedsport! Priced at $995,000, this fully renovated 6-unit property delivers stellar monthly gross rents with even more room to grow.  Featuring a versatile 6-unit mix comprised of 5 residential units and 1 commercial space, this asset is designed for strong cash flow right out of the gate. Most...Prime Mixed-Use Investment Opportunity in Old Town Reedsport – 6 Units with Incredible Income & Upside! Welcome to an exceptional multi-use investment property located just one block from charming Old Town Reedsport! Priced at $995,000, this fully renovated 6-unit property delivers stellar monthly gross rents with even more room to grow.  Featuring a versatile 6-unit mix comprised of 5 residential units and 1 commercial space, this asset is designed for strong cash flow right out of the gate. Most units have been meticulously updated with modern finishes, luxury flooring, and contemporary kitchens and baths, minimizing deferred maintenance for the new owner.  Fully renovated features throughout attract high-quality tenants and command top-tier market rents. The Commercial Space features a convenient bathroom and dedicated office area. Situated in a high-visibility, pedestrian-friendly area just steps away from Old Town Reedsport’s local shopping, dining, and scenic waterfront views. Don't miss out on this high-performing coastal income property. Schedule your tour today!
10 days on Market
  • Listed by: Melissa Stiltner • Triple Oaks Realty LLC 541-225-8815
Last updated: 09/06/2026 12:21 AM • Source: RMLS, MLS#: 414753101

Location

Listing Courtesy of Triple Oaks Realty LLC
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Payment Calculator

$5,452 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,057

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 582 Winchester Avenue

Property Details
  • Taxes: $4,729 / year
  • MLS Type: Multi Family
  • Parking Features: Carport, On Street
  • Zoning: Com/Res
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1964
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • Country: US
  • Directions: S Second St to Winchester Ave
  • Road Surface: Paved
School Information
  • Elementary School: Highland
  • High School: Reedsport
  • Middle Or Junior School: Reedsport
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $4,728.57
  • Parcel Number: R10363
  • Tax Legal Description: REEDSPORT AMENDED R/R ADD, BLOCK 104, LOT N1/2 OF 6, ACRES 0.1, N
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 4356.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1964
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Roof Type: Membrane
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $91,080.00
  • Gross Rent Multiplier: $10.92
  • Investor Information: According To Owner, Leases, Rent Records
  • Net Income Actual: $81,108.00
  • Operating Expense: $9,972.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 4672
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,250
  • Unit Type 1 SqFt: 1000.0
  • 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: Microwave, Range, Refrigerator
  • Unit Type 2 Rent: $1,525
  • Unit Type 2 SqFt: 700.0
  • 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: Microwave, Range, Refrigerator
  • Unit Type 3 Rent: $500
  • Unit Type 3 SqFt: 700.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Microwave, Range, Refrigerator
  • Unit Type 4 Rent: $1,550
  • Unit Type 4 SqFt: 850
  • 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: Microwave, Range, Refrigerator
  • Unit Type 5 Rent: $915
  • Unit Type 5 SqFt: 700.0
  • 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: 0
  • Unit Type 6 Rent: $850
  • Unit Type 6 SqFt: 700.0
  • Unit Type 6 Units Total: 1

Property History for 582 Winchester Avenue

DateEvent & SourcePriceAppreciation
Nov 17, 2015

Sold (Public Record)

Public Record #560512639

$95,000

+4.5% / yr

Dec 30, 2011

Sold (Public Record)

Public Record #321519936

$80,000

-22.5% / yr

Sep 28, 2005

Sold (Public Record)

Public Record #241871904

$395,000
DateEvent & SourcePrice
11/17/2015

Sold (Public Record)

Public Record #560512639

$95,000

+4.5% / yr

12/30/2011

Sold (Public Record)

Public Record #321519936

$80,000

-22.5% / yr

09/28/2005

Sold (Public Record)

Public Record #241871904

$395,000

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

Public Records for 582 Winchester Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$4,729 ($394 / month)
Home Facts
Total Finished SqFt4,304 SqFtAbove Grade Finished SqFt4,304 SqFtStories2Lot Size4,356 SqFtStyleStoresYear Built1964Year Renovated1995CountyDOUGLASAPN21-12W-35CD-01900

Schools near 582 Winchester Avenue

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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582 Winchester Avenue is a multi-family home for sale in Reedsport, OR 97467. This property was listed for sale on August 27, 2026 by Triple Oaks Realty LLC, it's currently listed at $995,000. It has been on the market for a total of 10 days and was last sold on November 17, 2015. This listing's school district is Reedsport School District 105. Nearby schools include Highland Elementary School and Reedsport Community Charter School. 582 Winchester Avenue is a 0-bed, 0-bath, 4,672 sqft multi-family home built in 1964.

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 Triple Oaks Realty LLC

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: 09/06/2026 12:21 AM