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Listed by eXp Realty, LLC
$ 459,000
Est. payment /mo
Pending
87615 20TH ST Bandon, OR 97411
0.51 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 323147762
Year Built 1971
Annual Tax Amount $2,099
Lot Size 0.510 Acres
Property Description
Opportunity knocks in Bandon with this rare dual-home investment property on a spacious half-acre lot. Located at 87605 & 87615 20th Street, this unique offering features two separate residences, each with established long-term rental history—ideal for investors seeking immediate income potential. Rent amounts $3,017 combined ($1,700 and $1,317).The property includes one 3-bedroom, 2-bath home and one 2-bedroom, 1-bath home, offering flexibility and strong rental appeal. Both homes were built in 1971 and showcase appealing mid-century design elements, including exposed beam ceilings that add warmth and architectural character. The layout of the property allows for privacy between units while still benefiting from shared infrastructure, including a septic system and new well. With tenants already in place, this is a turnkey opportunity for steady cash flow. The generous lot size also provides room for future improvements or added value potential, subject to local regulations.Whether you're expanding your portfolio or looking for a property with dual-income capability, this Bandon investment offers a compelling blend of stability, character, and upside.
Location
State OR
County Coos
Area _260
Zoning C
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Shared Septic
Water Shared Well, Well
Level or Stories 1
Schools
Elementary Schools Ocean Crest
Middle Schools Harbor Lights
High Schools Bandon
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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