Active
85313 Glenada Rd, Florence, OR 97439
Est: $2,922/moGet pre-approved
Multi FamilyProperty Type
2018Year Built
1 carParking Spaces

Description

$3400/mo. rental income and a 7.6% gross return on investment! South of town country setting on a .88-acre parcel of professionally installed landscape throughout the entire property, including custom stamped concrete walkways and patios, lush greenery, and vibrant plantings that create an idyllic and tranquil setting. Completely remodeled and updated manufactured home that is both vintage and modern, plus a huge RV barn with washer /dryer hook-ups. AND an adorable 576 SF guest house, built in 2018...$3400/mo. rental income and a 7.6% gross return on investment! South of town country setting on a .88-acre parcel of professionally installed landscape throughout the entire property, including custom stamped concrete walkways and patios, lush greenery, and vibrant plantings that create an idyllic and tranquil setting. Completely remodeled and updated manufactured home that is both vintage and modern, plus a huge RV barn with washer /dryer hook-ups. AND an adorable 576 SF guest house, built in 2018 that combines modern charm with Pacific Northwest style. This is a rare opportunity to piggyback on the seller's hard work and investment for the next owner's years of rental return and equity build-up. Solid income producer that is both meticulously maintained inside and out. Call today for more information and put your hard-earned money to work for you!
59 days on Market
  • Listed by: Andy Johnson • Coldwell Banker Coast Real Est
Last updated: 09/03/2026 08:43 AM • Source: RMLS, MLS#: 719759464

Location

Listing Courtesy of Coldwell Banker Coast Real Est
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Payment Calculator

$2,922 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,765

Property Taxes

$158

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 85313 Glenada Road

Property Details
  • Taxes: $1,893 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Parking Features: RVAccess Parking, RVStorage
  • Zoning: RR2/BD
  • Parking Total: 1.00
Building Information
  • Residences: 2
  • Year Built: 2018
Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101 South across bridge. Left on Glenada Road. Approx 1.5 mile, home on left.
School Information
  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $1,892.52
  • Parcel Number: 0856730
  • Parcel Number 2: 4045264
  • Tax Legal Description: 19-12-02-20-01000
Property
Lot Information
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Well
  • Year Built: 2018
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Septic Tank
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Metal Siding
  • Roof Type: Composition
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $40,800.00
  • Gross Rent Multiplier: $13.11
  • Net Income Actual: $38,907.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
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: Air Conditioning, Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $1,400
  • Unit Type 1 SqFt: 576.0
  • 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: Range, Refrigerator, Storage, Washer Dryer
  • Unit Type 2 Rent: $2,000
  • Unit Type 2 SqFt: 672.0
  • Unit Type 2 Units Total: 1

Property History for 85313 Glenada Road

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Sold (Public Record)

Public Record #1916782253

$579,000

+46.1% / yr

Apr 29, 2024

Sold (Public Record)

Public Record #1531132750

$330,000
DateEvent & SourcePrice
10/23/2025

Sold (Public Record)

Public Record #1916782253

$579,000

+46.1% / yr

04/29/2024

Sold (Public Record)

Public Record #1531132750

$330,000

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

Public Records for 85313 Glenada Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,893 ($158 / month)
Home Facts
Beds1Baths1Total Finished SqFt576 SqFtAbove Grade Finished SqFt576 SqFtStories1Lot Size38,333 SqFtStyleSingle Family ResidenceYear Built2018CountyLANEAPN19-12-02-20-01000-000

Schools near 85313 Glenada Road

This home is within Siuslaw School District 97j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Siuslaw Elementary School
PublicK to 5

Siuslaw Middle School
Public6 to 8

Siuslaw High School
Public9 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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85313 Glenada Road is a multi-family home for sale in Florence, OR 97439. This property was listed for sale on July 22, 2026 by Coldwell Banker Coast Real Est, it's currently listed at $535,000. It has been on the market for a total of 59 days and was last sold on October 23, 2025. This listing's school district is Siuslaw School District 97j. Nearby schools include Siuslaw Elementary School, Siuslaw Middle School and Siuslaw High School. 85313 Glenada Road is a 0-bed, 0-bath multi-family home built in 2018.

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 Coldwell Banker Coast Real Est

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: 09/03/2026 08:43 AM