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Sold on 07/05/2024

203-209 W Main St, Eagle Point, OR 97524

  • $731,793

    Last sold 07/05/2024 for $530K

  • 3

    bed

  • 2

    bath

  • 4,540

    Sqft ($117/Sqft)

Multi-family not for sale
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About 203-209 W Main St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
Amazing investment opportunity! This five unit mixed use commercial property is a unique and rare investment opportunity, offering a great location in downtown Eagle Point. It consists of three units which are commercial/retail (lower level) and two that are residential (upper level). Stable income with upside potential once the final residential unit is leased (advertised at $1,250/month), with both residential units being recently renovated. This property offers an investor a sound investment and has lots of upward potential, with a lot of heavy lifting already done with the renovated residential units. Buyer is responsible for their own due diligence.
Listed by
Listing Agent - Martin Outdoor Property Group
Listing Office - Land Leader
Source: Central Oregon Association of Realtors MLS - COAR mls logo
MLS#220183465 • last updated 11 months ago
Movoto checked Central Oregon Association of Realtors MLS - COAR for data 1 minute ago
Overview
Cooling/AC Central Air, Heat Pump, Other
Heating Forced Air, Heat Pump, Natural Gas, Wall Furnace, Zoned
Levels/Style Two, Other
MLS # 220183465
SubType Multi Family
SqFt 4540
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6534
Property Tax 4352.49
Year Built 1910
Interior
Flooring Other
Exterior
Roof Membrane
Foundation Other
Construction Brick, Frame
Parking Alley Access, On Street
Amenities / Utilities
Water Source Public
Location
View City
Elementary School Eagle Rock Elem
Middle School Eagle Point Middle
High School Eagle Point High
APN 10206740
Zoning C-1
Multifamily Details
Total # of Units 5
Expense: Operating 23202
Net Operating Income 36066
Gross Income 59268
Lot/ Land Details
Lot Features Corner Lot
Road Surface Paved
$731K
Range: $658K-$804K
Last 30 days 
Rental est.: $2,195/month
Gross rent multiplier: 20.1
  • Jul 2024
    mls logo MLS # 220183465
  • Jul 5, 2024 Sold
    $530,000 (-3.5%)
  • Jun 14, 2024 Pending
    —
  • May 15, 2024 Listed
    $549,000
  • 203-209 W Main St
    $530K
  • N/a
    —
  • 97524
    $549K +1% y/y
  • Eagle Point
    $549K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Eagle Rock Elementary School
public Grades K-5
Eagle Point School District 9
5/10
Eagle Point Middle School
public Grades 6-8
Eagle Point School District 9
2/10
White Mountain Middle School
public Grades 6-8
Eagle Point School District 9
5/10
Eagle Point High School
public Grades 9-12
Eagle Point School District 9
Source: GreatSchools.org © 2026. All rights reserved.

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