Great investment opportunity with two homes each sitting on their own tax lot totalling 3 acres! This property offers a unique setup with plenty of possibilities. The main home features 4 bedrooms, 2 bathrooms, a spacious living room, deck, fenced backyard, brand new roof, 30x52 shop with concrete floor. The second home offers 2 bedrooms, 1 bathroom, an open floor plan and a great yard. A separate studio apartment with attached garage offers additional potential and is ready for someone to bring it back to life. Property features vinyl windows, updated electrical, ductless heat pumps, flooring, paint, water heaters and public water and sewer. Tucked away at the end of the road, gated and bordered on three sides by forest land, the property offers a private setting while providing multiple living and income possibilities. Great option for rentals, multigenerational living, or living in one home while renting the other. Appointment only no drive-bys.
Active
$925,000
1040 Jefferson St, Coos Bay, OR 97420
6beds
2,384sqft
Multi Family
Built in 1950
-- sqft lot
$389,000 Zestimate®
$388/sqft
$-- HOA
What's special
Fenced backyardUpdated electricalDuctless heat pumpsWater heatersVinyl windows
- 4 days
- 220
- 5
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Levi Rider 541-294-1485,
Pacific Coast Real Estate & Development, LLC
Source: RMLS (OR),MLS#: 658236785
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless, Zoned
Cooling
- Air Conditioning
Appliances
- Included: Range, Refrigerator, Electric Water Heater, Tank Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,384
- Total interior livable area: 2,384 sqft
Property
Parking
- Total spaces: 6
- Parking features: RV Access/Parking
- Garage spaces: 6
Features
- Stories: 1
Lot
- Size: 3 Acres
- Features: Level, Acres 1 to 3
Details
- Additional parcels included: 372102
- Parcel number: 372100
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar, T111 Siding
- Foundation: Block, Concrete Perimeter
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Coos Bay
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $253,930
- Annual tax amount: $4,254
- Date on market: 9/16/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel
Estimated market value
$389,000
$338,000 - $436,000
$2,010/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $925,000+101.1%$388/sqft |
Source:  RMLS (OR) #658236785 Report a problem | ||
| 7/19/2022 | Sold | $460,000-11.4%$193/sqft |
Source: RMLS (OR) #21258444 Report a problem | ||
| 5/16/2022 | Pending sale | $519,000$218/sqft |
Source: RMLS (OR) #21258444 Report a problem | ||
| 2/3/2022 | Listed for sale | $519,000$218/sqft |
Source: RMLS (OR) #21258444 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,022 +1.5% | $253,930 +1.4% |
| 2024 | $1,991 +3.1% | $250,330 -4% |
| 2023 | $1,931 +1.7% | $260,750 +16% |
| 2022 | $1,899 +2.7% | $224,860 -3.7% |
| 2021 | $1,850 +2.9% | $233,520 +13% |
| 2020 | $1,798 +4.2% | $206,650 +109.1% |
| 2019 | $1,726 +3.6% | $98,840 +3% |
| 2018 | $1,667 | $95,970 +3% |
| 2017 | $1,667 +12.8% | $93,180 +3% |
| 2016 | $1,477 +12.4% | $90,470 +3% |
| 2015 | $1,315 | $87,840 +3% |
| 2014 | $1,315 | $85,290 +3% |
| 2013 | $1,315 +3% | $82,810 +3% |
| 2012 | $1,276 +3.1% | $80,400 +3% |
| 2011 | $1,237 +2.6% | $78,060 +3% |
| 2010 | $1,206 | $75,787 |
| 2009 | -- | $75,787 +6.1% |
| 2008 | -- | $71,437 +3% |
| 2007 | -- | $69,357 +3% |
| 2006 | -- | $67,337 +3% |
| 2005 | -- | $65,376 +3% |
| 2004 | -- | $63,472 +3% |
| 2003 | -- | $61,624 +3% |
| 2002 | -- | $59,830 |
| 2001 | -- | $59,830 +6.1% |
| 2000 | -- | $56,397 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97420
Nearby schools
Schools provided by the listing agent
- Elementary: Coos Bay
- Middle: Coos Bay
- High: Marshfield
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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