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 income, 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.
INCREDIBLE VIEWS OF THE RIVER, PORT AND OCEAN FROM THIS TRIPLEX RENTAL PROPERTY. Don't pass up this opportunity to own a unique investment property! All units are currently long-term rentals. There are 2 units with 2 bedrooms, 1.5 bath. The riverview unit has 1 bedroom 1 bath with a bonus room that could be used as a family room, office or second bedroom. It has a remodeled bathroom and there are plans to update the kitchen. It also offers a covered patio leading out to the yard overlooking the river. All 3 units have their own storage sheds to give added space. 2 have fenced yards for pets. Rent out 2 units as long term rentals and use the third as a vacation rental. There are many possibilities! Upgrades are a brand new roof, new appliances, dishwashers, fresh paint inside. There is a newer sump pump, all windows have been rescreened. This is a great opportunity to own land overlooking the river and port while earning income! The view has been underutilized. You could trim or remove the trees on the riverside to increase the enjoyment of the wildlife and fishermen drifting out to sea! Watch the osprey, eagles and otters play! Buyer are to do their due diligence regarding property size and information.
**Investment Opportunity in Brookings, Oregon – Blocks from the Beach** This incredible property, located just minutes from the stunning beaches of Brookings, OR, offers the perfect mix of coastal living and investment potential. The main home, built in 1995, features 4 bedrooms, 3 baths, and an open-concept living space that spans nearly 2,000 sq. ft. The upstairs boasts a spacious primary bedroom, 2nd bedroom, and main living areas, all with beautiful ocean views, plus option of a stackable washer and dryer. Step outside onto the expansive covered deck, which wraps around 1.5 sides of the home for wonderful coastal views. The interior is designed with accessibility in mind, featuring a stairway and hallway wide enough to accommodate a wheelchair or lift needs. Downstairs consists of 2 bedrooms, 1 bathroom and large laundry room with exterior access. An oversized 2-car garage ideal for cars and storage. Parking pad ideal for RV or boat parking. In addition to the main home, the property includes two charming cottages: - **Cottage 1:** A welcoming 1-bedroom, 1-bath unit with a spacious living room and kitchen area, complemented by a cozy covered front porch. - **Cottage 2:** This 1-bedroom, 1-bath unit offers a smaller living and kitchen area, but includes an additional 240 sq. ft. of storage space and laundry facilities. A wide covered porch invites you into this quaint home. Situated near Harris Beach, Mill Beach, and the town's amenities, this property provides endless possibilities—live in the main home and rent out the cottages, or continue to generate income by renting all three units. Ideal for investors or those seeking a beautiful coastal retreat with rental income potential. Don’t miss out on this unique investment opportunity in Brookings!
Discover the ideal two-level home for a large family or a wonderful INCOME property! This spacious residence offers separate living spaces on each floor, making it perfect for a variety of uses. The upper level boasts 3 bedrooms and 2 bath, while the lower level features 3 bedrooms and 1 bath—ideal for in-law quarters, multi-generational living, or dual rental potential. Located in a prime area within walking distance to schools, beaches, and local amenities, this property combines convenience with coastal charm. With R2 zoning, it continues as two separate long-term rentals or a flexible income property. Don’t miss this incredible opportunity!
Nestled just above the Port of Brookings Harbor, the vibrant heart of the Banana Belt of Oregon, known for its mild temperatures and year-round appeal, this home offers proximity to the vibrant community of Brookings-Harbor, renowned for its coastal charm and recreational opportunities. Discover this remarkable opportunity in a great location. This meticulously maintained 2-bedroom, 2-bathroom home boasts an attached 1-bedroom, 1-bathroom guest unit, presenting the ideal blend of comfort and convenience. Situated within walking distance to the picturesque Sporthaven Beach, this residence offers not just a home but a lifestyle. Floor-to-ceiling windows adorn both the main home and guest unit, framing views of the Port of Brookings Harbor, Pacific Ocean, Chetco River, and jetties. Vaulted ceilings with skylights bathe the open floor plan in natural light, creating a welcoming ambiance throughout.The property's current zoning permits short term rentals (STR) and conversion into a duplex, subject to Curry County Planning Department clearance. Each unit would feature separate electric meters, offering flexibility and potential for rental income. While the transformation offers immense possibilities, it's important to note that Harbor Sanitary District and Harbor Water may necessitate additional fees and conditions for the transfer to a duplex. Don't miss this chance to embrace coastal living at its finest, with the charm of Brookings/Harbor just steps away. Experience the essence of Oregon's South Coast in this exceptional property. This is more than a home; it's a gateway to coastal living at its finest. Explore the endless possibilities this property offers and envision your new lifestyle in this remarkable coastal sanctuary.Schedule your private tour today and discover the allure of this exceptional home! Buyers and buyers agents to perform their own due diligence. #BrookingsOregon #SouthCoastOregon #ChetcoRiver #CurryCountyOregon
The median home value in Brookings, OR is $462,000. This is higher than the county median home value of $424,900. The national median home value is $338,100. The average price of homes sold in Brookings, OR is $462,000. Approximately 64.38% of Brookings homes are owned, compared to 25.22% rented, while 10.39% are vacant. Brookings real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brookings real estate agent to arrange a tour today!
Brookings, Oregon has a population of 6,706. Brookings is more family-centric than the surrounding county with 18.52% of the households containing married families with children. The county average for households married with children is 16.52%.
The median household income in Brookings, Oregon is $72,273. The median household income for the surrounding county is $57,553 compared to the national median of $69,021. The median age of people living in Brookings is 54.5 years.
The average high temperature in July is 67.9 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 83.5 inches per year, with 0.6 inches of snow per year.