Jennifer Henrikson

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Listing provided courtesy of Pacific Coast Real Estate & Development, LLC- MLS# 216102629MLS ProviderContact Information: 541-294-1485

589 10TH AVECoos Bay, OR 97420

Multi-Family · 2,544 Sq. ft. | 0.18 Acres
$560,000 Pending

589 10TH AVE Overview

Time on Site:
65 days
Visits:
2

Investment opportunity in the desirable Eastside neighborhood offering strong rental demand and value add potential. This triplex features a functional unit mix with two 2 bedroom 1 bath units with bay views and one larger 3 bedroom 2 bath unit with garage, providing flexibility for a range of tenant profiles and income strategies. Each unit offers ground level access with dedicated parking directly in front of the unit, eliminating stairs and increasing overall tenant appeal. A new roof installed in June 2024, 3 new hot water heaters in 2025 as well as electrical and plumbing updates, new flooring in lower unit and new asphalt driveways all to help offset immediate capital expenses for a new owner. Grossing over $4,100 a month in rent, this is well suited for investors seeking a 1031 exchange replacement property, this asset offers the ability to reposition and build equity over time while benefiting from steady rental demand in the area. 24HR notice, please do not disturb tenants.

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589 10TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,544
  • Price/Sq.ft. $220
  • Lot 0.18 Acres

Details

General

School Information

  • Elementary School: Millicoma
  • Middle Or Junior School: Marshfield
  • High School: Marshfield

Income/Expenses

  • Gross Income: 49440.0
  • Gross Scheduled Income: 54360.0
  • Net Operating Income: 39749.0
  • Operating Expense: 9691.0

Building Information

  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Coos
  • MLS Area Major: 260 - Coos County
  • Subdivision Name: Eastside

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 3990.02
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 4073100
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: R-3

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 2544.0

General Information

  • Heating: Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Paved
  • Parking Total: 6.0

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Square Feet: 7840.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

589 10TH AVE Neighborhood

Community

97420 (Coos Bay) Demographics

44
Median Age
109
Population Density (per sq. mile)
29%
College Educated
$52,447
Estimated Median Income
7,924
Estimated Total Home Owners
4,168
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

589 10TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

589 10TH AVE Market Data

Based on the last 30 days in this zip code

$435,842
Average List Price
$252
Average Price per Square Foot
30
Properties Sold
113
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

589 10TH AVE History

Date Event Value Agent
6/23/2026Source: Regional MLS Status Change
Pending
6/16/2026Source: Regional MLS Price Reduction
$560,000 -5.9%
5/20/2026Source: Regional MLS Price Increase
$595,000 9.2%
5/20/2026Source: Regional MLS Status Change
Active
5/6/2026Source: Regional MLS Status Change
Pending
4/26/2026Source: Regional MLS Added to Database
April 26, 2026
1/31/2025Source: Regional MLS Status Change
Sold
10/22/2024Source: Regional MLS Status Change
Pending
7/2/2024Source: Regional MLS Price Increase
$459,000 2.2%
6/25/2024Source: Regional MLS Status Change
Active
5/28/2024Source: Regional MLS Status Change
Pending
3/29/2024Source: Regional MLS Added to Database
March 29, 2024