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Listed by Triple Oaks Realty LLC • 541-225-8815
$ 650,000
Est. payment /mo
New
85690 CHERRY ST Florence, OR 97439
2,117 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,117 sqft
Price per Sqft $307
MLS Listing ID 214986547
Year Built 1952
Annual Tax Amount $2,342
Tax Year 2025
Lot Size 0.330 Acres
Property Description
Discover an exceptional, high-performing investment opportunity nestled in a private forest setting just one mile from Old Town Florence. Positioned right in front of the famous sand dunes and the Siuslaw River, 85690 Cherry St combines lifestyle appeal with unbeatable income generation. Comprising two well-maintained buildings across a peaceful multi-unit layout, this triplex features 100% modernly renovated interiors and exteriors. Every unit has been thoughtfully upgraded, allowing the property to command top-tier, above-market rents with zero deferred maintenance. With strong historical demand, low operational overhead, and gorgeous natural surroundings, this turnkey asset is built for immediate cash flow. Whether you are expanding your portfolio or breaking into coastal multi-family real estate, this rare find checks every box. Schedule your private tour today!
Location
State OR
County Lane
Community Laundry
Area _231
Zoning RR2
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, Private Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Private, Well
Level or Stories 1
Schools
Elementary Schools Siuslaw
Middle Schools Siuslaw
High Schools Siuslaw
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
