Listed price in listed location currency (USD).
$1,325,000

008

MLS® 381662052

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $3,939
Days Active 35
Lot Size 
Approx. Age 1973
MLS® Number 381662052

Property Address: 529 Railroad St, Brookings, OR, 97415-8990

Average square foot calculated using Size range provided by listing agent.

Description

Highly profitable, centrally located 8-plex close to the coast & walking distance to the iconic Chetco Point! At list price, this turn-key asset operates at a strong 7.5% CAP Rate (includes projected rent from owners unit). Seven of the units offer spacious 2 bed, 1 bath open floorplans and one of the units is a 1 bed, 1 bath. Coin operated laundry room generates consistent ancillary income. Rents are currently $1325, $1320, $1418, $1250, $1450, $1295, $825.50, & owners remodeled premium unit (beautifully updated in 2022-2023) is expected to rent at $1500 per month. Owner pays for sewer, water, & trash. Each unit has its own power meter (tenants pay for their own electricity) & detached carport includes 1 dedicated covered parking space to each tenant. Owner spared no expense after purchasing this property by painting the exterior, remodeling multiple units, & much more!
MLS® Number381662052
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1973
BasementNone
DrivewayCarport, Driveway
Garage Spaces
HeatBaseboard
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$1,325,000List Price
  • Commute

Commute

Starting Address
Destination Address
529 Railroad St, Brookings, OR

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