$995,000

716 Pioneer Rd Brookings, OR 97415

$10,000
Closing credit¹
5,696 sqft
0.6 acres
$175 / sqft
House

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

Home typeOther
HeatingWall Furnace
StatusActive
Size5,696 sqft
Lot size0.62 Acres
Year built1991
ParkingGarage
MLS #24205581
Garage7 spaces
ViewTerritorial

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

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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aerial view

$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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

39%
<35k
45%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

38%
Single, No Kids
20%
Single, with Kids
27%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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