Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
48
Listed by John L. Scott Medford
Bought with Century 21 Agate Realty/Gold
$835,000
$899,500
7.2%
Est.Price: ?

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5,696 SqFt

716 PIONEER RD Brookings, OR 97415

Est. payment /mo
SOLD DATE : 12/30/2025

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Key Details

Sold Price $835,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $146

MLS Listing ID 302348034

Sold Date 12/30/25

HOA Y/N No

Year Built 1991

Annual Tax Amount $7,046

Tax Year 2024

Lot Size 0.620 Acres

Property Description

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.

Location

State OR

County Curry

Area _270

Zoning R-2

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Spaces 7.0

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kalmiopsis

Middle Schools Azalea

High Schools Brookings-Harbr

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Paul Sowards

Paul Sowards

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