Listing provided courtesy of Coastal Sotheby's International Realty- MLS# 394348737MLS Provider

1951 17thNorth Bend, OR 97459

Multi-Family · 2,000 Sq. ft. | 0.17 Acres
$572,000 Active

1951 17th Overview

Time on Site:
4 days
Visits:
22

Brand-New Duplex Investment Opportunity ' Immediate Income with Tenants in Place. Rare opportunity to acquire a brand-new duplex scheduled for completion in July, with 24-month leases already secured for a total monthly rental income of $4,900. Enjoy the benefits of new construction combined with immediate cash flow and reduced maintenance concerns. Each thoughtfully designed unit features luxury vinyl plank flooring throughout, complemented by slate flooring in the entry, kitchen, bathrooms, and laundry areas. High-end finishes include walk-in tile showers, soft-close cabinetry, included kitchen appliances, and impressive 10.5-foot ceilings that create a spacious, modern feel. The functional floor plan offers a single attached garage, 1 bedroom and 2 full bathrooms on the main level unit. The upper-level unit offers 1 bedroom and 1.5 bathrooms - though each unit is spacious at approx 1,000 sqft and offers a secondary room suitable for office or otherwise. Built for durability and long-term ownership, the property includes fiber cement siding, vinyl windows, and a composition roof, providing peace of mind for years to come.Adding significant value is a 1,080-square-foot shop built in 2019, complete with a loft and heated office space, offering flexibility for storage, business use, hobbies, or additional rental potential. Conveniently located near the hospital and major medical centers, this centrally situated property benefits from strong rental demand and excellent accessibility. Whether you're expanding your portfolio or seeking a turnkey investment, this property delivers the ideal combination of new construction, stable income, quality finishes, and long-term ownership appeal.

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1951 17th Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,000
  • Price/Sq.ft. $286
  • Lot 0.17 Acres

Details

General

School Information

  • Elementary School: Hillcrest
  • Middle Or Junior School: North Bend
  • High School: North Bend

Income/Expenses

  • Gross Income: 58800.0
  • Net Operating Income: 53492.0
  • Operating Expense: 5308.0

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Coos
  • MLS Area Major: 260 - Coos County

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5307.18

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 99920269
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: CL

Interior

Parking Information

  • Garage Spaces: 3.0

Building Interior

  • Building Area Total: 2000.0

General Information

  • Basement: None
  • Heating: Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage,Off Street

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Square Feet: 7405.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

1951 17th Neighborhood

Community

97459 (NORTH BEND) Demographics

47
Median Age
122
Population Density (per sq. mile)
35%
College Educated
$64,608
Estimated Median Income
3,828
Estimated Total Home Owners
1,909
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1951 17th Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1951 17th Market Data

Based on the last 30 days in this zip code

$599,602
Average List Price
$296
Average Price per Square Foot
17
Properties Sold
115
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

1951 17th History

Date Event Value Agent
6/25/2026Source: Regional MLS Added to Database
June 25, 2026