42.059473 -124.278404
First Image
Image 1Image 2Image 3Image 4
Image 5Image 6Image 7Image 8Image 9Image 10Image 11Image 12Image 13Image 14Image 15Image 16Image 17Image 18Image 19Image 20Image 21Image 22Image 23Image 24Image 25Image 26Image 27Image 28Image 29Image 30Image 31Image 32Image 33Image 34Image 35Image 36Image 37Image 38Image 39Image 40Image 41Image 42Image 43Image 44Image 45Image 46Image 47

Listed by Land Leader, Martin Outdoor Property Group. [email protected]

MLS Source logo

716 Pioneer RoadBrookings, OR 97415

Active
$995,000
0
0 SqFt

Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable tenant base, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
    Other
  • Bedrooms:
  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.62 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1991
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: Detached
  • Area:
  • Views:
    Territorial
  • Schools:
    High School(s): Brookings-Harbor High
    Middle School(s): Azalea Middle
    Elementary School(s): Kalmiopsis Elem
  • HOA:
  • Senior Community:
  • Heating:
    Wall Furnace
  • Cooling:
    None
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    Carbon Monoxide Detector(s), Smoke Detector(s)
  • Foundation:
    Concrete Perimeter
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: Land Leader. Listing Agent: Martin Outdoor Property Group. Listing ID: 220193622

Last Updated May 1, 2025 5:15 PM
Data last checked against Oregon DataShare on May 5, 2025 6:51 AM

© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by firms other than Harcourts are marked with the Oregon Datashare logo or the Broker Reciprocity logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on May 5, 2025 6:51 AM

Equal Housing Opportunity logo

WE MAKE SUCCESS Simple