716 Pioneer Rd, Brookings, OR 97415

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
716 Pioneer Rd,Brookings, OR 97415
$950,000
  • - Beds
  • - Baths
  • 5,696 sq. ft.
  • Multi-family
  • Active
Listed by:chris martin
Office:land leader
MLS#:24205581
Source:PORTLAND

Price summary

  • Price:$950,000
  • Price per sq. ft.:$166.78

About this home

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.

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Home facts

  • Year built:1991
  • Listing Id #:24205581
  • Added:243 day(s) ago
  • Updated:August 14, 2025 at 05:19 PM

Rooms and interior

  • Living area:5,696 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1991
  • Building area:5,696 sq. ft.
  • Lot area:0.62 Acres

Schools

  • High school:Brookings-Harbr
  • Middle school:Azalea
  • Elementary school:Kalmiopsis

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$166.78
  • Tax amount:$7,046 (2024)
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