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About the Listing 2EXP02 - REEDRUSH
Opportunity knocks in Bandon with this rare dual-home investment property on a spacious half-acre lot. Located at 87605 & 87615 20th Street, this unique offering features two separate residences, each with established long-term rental history—ideal for investors seeking immediate income potential. Rent amounts $3,017 combined ($1,700 and $1,317).The property includes one 3-bedroom, 2-bath home and one 2-bedroom, 1-bath home, offering flexibility and strong rental appeal. Both homes were built in 1971 and showcase appealing mid-century design elements, including exposed beam ceilings that add warmth and architectural character. The layout of the property allows for privacy between units while still benefiting from shared infrastructure, including a septic system and new well. With tenants already in place, this is a turnkey opportunity for steady cash flow. The generous lot size also provides room for future improvements or added value potential, subject to local regulations.Whether you’re expanding your portfolio or looking for a property with dual-income capability, this Bandon investment offers a compelling blend of stability, character, and upside.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
323147762
Year Built
1971
Total Square Footage
0
Lot/Acreage
0.51
County
Coos
Area
260 - Coos County
Elementary School
Ocean Crest
Middle School
Harbor Lights
High School
Bandon
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Shared Well,Well
Exterior Details
- Lot Description: Corner Lot,Level,Public Road
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: C
- Roof: Composition
- Others: Approximately
- Sewer: Shared Septic
- Parking Features: Covered,Driveway
Financial Details
- Tax Amount: $2,100
- Taxes w/Assessments: N/A
- Tax/Property ID: 2814300
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
87615 20th St Bandon, OR 97411
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