87615 20TH ST, Bandon, OR 97411

$459,000

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List Price
$459,000
Days on Market
84
MLS#
323147762
Property Type
Multifamily
Lot Size
20, 000 SqFt to .99 Acres
Region
Coos County
Status
ACTIVE

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.

Additional Information

Tax Amount
$2,099
Year Built
1971
High School
Bandon
Elementary School
Ocean Crest
Middle School
Harbor Lights
Acres
0.51
Stories
1
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
Sewer, Water
Hot Water Description
Electricity
Exterior Description
Board & Batten Siding, T-111 Siding
Roof Type
Composition
Sewer Description
Shared Septic
Parking
Covered, Driveway
Parking Description
Covered, Driveway
Road Surface
Gravel, Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1700
Unit Type One Sq Ft
1328
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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