#242093541, Skip Watwood, Listing Office: Century 21 Agate Realty
716 Pioneer Rd Brookings, OR 97415
Property details
About 716 Pioneer Rd
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.
Highlights
Summary
- MLS Number: 24205581
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Land Leader
- Office Phone: (866) 559-3478
- Listing Agent: Chris Martin, Ashley Lacer
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Last updated on: 3/3/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
716 Pioneer Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $723,670 | $6,840 |
2022 | $691,570 | $6,537 |
2021 | $671,430 | $6,347 |
2020 | $651,880 | $6,550 |
2019 | $632,900 | $6,015 |
2018 | $614,470 | $6,273 |
History based on county public records data.
Nearby schools
3
Kalmiopsis Elementary School
Public District KG-5
0.2 mi
•650 Easy St
5
Pine Grove Elementary School
Public District PK-5
19.5 mi
•900 Pine Grove Rd
5
Mary Peacock Elementary School
Public District PK-5
19.8 mi
•1720 Arlington Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,984. The majority of Brookings, OR residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Brookings, OR
About 716 Pioneer Rd
This home is located at 716 Pioneer Rd in Brookings, OR and zip code 97415. This 5,696 square foot home, which was built in 1991, sits on a 0.62 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $995,000.
In February 2025, from all listings sold in Brookings, OR there were more than 0 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Brookings, OR between January and February 2025 did not move. While the average time on the market in February 2025 was 149 days, the median list price was $548,750.