172 S Old Pacific, Myrtle Creek, OR 97457

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List Price
$499,000
Price Change
▼ $26,000 1788599396
Days on Market
419
MLS#
697706513
Property Type
Multifamily
Sqft. of Residence
336
Lot Size
1 to 2.99 Acres
Region
Douglas Co: Myrtle Creek/S&SE of Roseburg to Ti
Status
ACTIVE

Property Description

Mixed-use investment opportunity with multiple income streams and excellent highway visibility on 2.52 acres! This Multi-Family listing highlights the residential rental components, including three occupied land-rental spaces at $400/month each, a 336 sq ft studio cabin, and a mobile home, offering both existing income and additional rental potential. The cabin and mobile home offer potential rental income of $800/month and $1,200/month, respectively. Additional income opportunities come from the 2,404 sq ft commercial building, home to the long-established Tri City Country Club bar. Buyers have the flexibility to take over bar operations or lease the commercial space to the current operator. With plentiful parking, convenient I-5 access, and versatile zoning (primarily C2 with a small R2 portion), this property offers a unique combination of residential and commercial investment potential. See Commercial MLS #714690645 for additional information. Owner carry available with a large down payment. Motivated seller!

Additional Information

Tax Amount
$2,330
Year Built
1954
High School
South Umpqua
Elementary School
Myrtle Creek
Middle School
Coffenberry
Acres
2.52
Living Area
336
Stories
1
Terms
Cash, Other, Owner Will Carry
Cooling Description
Wall Unit(s)
Fuel Description
Electricity, Gas
Heating Description
Wall Heater
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Mountain(s), Territorial, Trees/Woods
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Road Surface
Gravel
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Rent
800
Unit Type One Sq Ft
336
Unit Type One Units Total
1
Unit Type Two Units Total
4
Unit Type Three Baths Total
2
Unit Type Three Rent
2500
Unit Type Three Sq Ft
2404
Unit Type Three Units Total
1

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Listing courtesy of Stellar Realty Northwest.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.