Attention investors! Housing shortage! Highly profitable, centrally located 8-plex close to the coast & walking distance to the iconic Chetco Point! At list price, this turn-key asset operates at a strong 8%+ CAP Rate (includes projected rent from owners unit). Seven of the units offer spacious 2 bed, 1 bath open floorplans and one of the units is a 1 bed, 1 bath. Coin operated laundry room generates consistent ancillary income. Rents are currently $1325, $1320, $1418, $1450, $1450, $1295, $825.50, & owners remodeled premium unit (beautifully updated in 2022-2023) is expected to rent at $1500 per month. Owner pays for sewer, water, & trash. Each unit has its own power meter (tenants pay for their own electricity) & detached carport includes 1 dedicated covered parking space to each tenant. Owner spared no expense after purchasing this property by painting the exterior, remodeling multiple units, & much more!
Active
Price cut: $50K (10/13)
$1,245,000
529 Railroad St, Brookings, OR 97415
8beds
6,912sqft
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$180/sqft
$-- HOA
What's special
Coin operated laundry room
- 20 days
- 222
- 13
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 541-779-3611
Source: Oregon Datashare,MLS#: 220225188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
Features
- Ceiling Fan(s), Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo
- Flooring: Carpet, Laminate, Other
- Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls,No One Above,No One Below
Interior area
- Total structure area: 6,912
- Total interior livable area: 6,912 sqft
Property
Parking
- Parking features: Asphalt, Detached Carport, Driveway, Gravel, No Garage, On Street, Parking Lot
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 0.29 Acres
- Features: Corner Lot, Level
Details
- Parcel number: R17660
- Zoning description: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition,Membrane
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Public
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Brookings
Financial & listing details
- Price per square foot: $180/sqft
- Annual tax amount: $3,939
- Date on market: 10/23/2026
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional
- Inclusions: Appliances owned by owner
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $1,245,000-3.9%$180/sqft |
Source:  RMLS (OR) #381662052 Report a problem | ||
| 9/8/2026 | Price change | $1,295,000-2.3%$187/sqft |
Source: RMLS (OR) #381662052 Report a problem | ||
| 7/29/2026 | Price change | $1,325,000-5.4%$192/sqft |
Source: RMLS (OR) #381662052 Report a problem | ||
| 7/13/2026 | Listed for sale | $1,400,000+40%$203/sqft |
Source:  Oregon Datashare #220225188 Report a problem | ||
| 6/27/2022 | Sold | $1,000,000-9.1%$145/sqft |
Source: RMLS (OR) #22448859 Report a problem | ||
| 6/6/2022 | Pending sale | $1,100,000$159/sqft |
Source: RMLS (OR) #22448859 Report a problem | ||
| 5/6/2022 | Listed for sale | $1,100,000+144.4%$159/sqft |
Source: RMLS (OR) #22448859 Report a problem | ||
| 12/22/2015 | Sold | $450,000-5.3%$65/sqft |
Source: Oregon Datashare #102950641 Report a problem | ||
| 11/16/2015 | Pending sale | $475,000$69/sqft |
Source: Summa Real Estate Group #15020979 Report a problem | ||
| 11/4/2015 | Listed for sale | $475,000$69/sqft |
Source: Summa Real Estate Group #15020979 Report a problem | ||
| 10/9/2015 | Pending sale | $475,000$69/sqft |
Source: Summa Real Estate Group #15020979 Report a problem | ||
| 9/22/2015 | Price change | $475,000-4.8%$69/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 7/23/2015 | Price change | $499,000-1%$72/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 4/9/2015 | Price change | $504,000-1.9%$73/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 2/28/2015 | Price change | $514,000-1.9%$74/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 1/16/2015 | Price change | $524,000-0.9%$76/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 11/22/2014 | Price change | $529,000-1.9%$77/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 10/30/2014 | Price change | $539,000-1.8%$78/sqft |
Source: John L Scott Real Estate #2950641 Report a problem | ||
| 9/24/2014 | Listed for sale | $549,000$79/sqft |
Source: john L. Scott Real Estate Grants Pass #2950641 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97415
Nearby schools
Schools provided by the listing agent
- Elementary: Kalmiopsis Elem
- Middle: Azalea Middle
- High: Brookings-Harbor High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
