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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