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29940 Harbor Way, Gold Beach, OR 97444

$2,200,000

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Property Description

Located near the Port of Gold Beach and just minutes from local shopping, Oregon's scenic coastal beaches, and the world-famous Rogue River, this recently developed and rare 8-home multifamily complex offers an outstanding investment opportunity on the Southern Oregon Coast. Commercially zoned with the possibility to build two additional homes, this property provides both immediate cash flow opportunities and future development upside. The existing homes may be used as short-term rentals, making this an attractive option for investors seeking strong income potential and long-term portfolio stability. Whether you're looking to expand your real estate holdings or secure a unique coastal income property, this versatile complex is ideally positioned with exceptional potential.

29940 Harbor Way | MLS# 786095037

This multi-family property located at 29940 Harbor Way, Gold Beach, OR 97444 is currently listed for sale with an asking price of $2,200,000. Search Gold Beach real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Heat Pump
Roof Type: Metal
Stories: 1.0
Taxes: $12,770
Year Built: 2023

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Furnished, Range
Rent: $1800.00
Square Footage: 592
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Furnished
Rent: $1800.00
Square Footage: 598
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck
Rent: $1400.00
Square Footage: 598
Total Units: 5
Unit Type 4:
Square Footage: 192
Total Units: 1

Feature Descriptions

Days on Site: 6
Exterior: Cement Siding, Shake Siding
Gross Income: $144170.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $118863.00 (Actual)
Operating Expenses: $25306.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 9
Water: Public Water

Local Schools

High School: Gold Beach SR
Middle School: Gold Beach JR
Elementary School: Riley Creek

Listed By / Shown By

Listed By

Agency Name: RE/MAX Ultimate Coastal Properties
Agency Contact: 541-425-7494

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 12,830.23 per month $11,124.40 Principal & Interest $1,064.17 Property Tax $641.67 Homeowner's Insurance

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