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  • $459,000

    87615 20th St SW, Bandon, OR 97411

    5beds
    2,348sqft
    : 
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    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Appealing mid-century design elementsSpacious half-acre lotExposed beam ceilingsGenerous lot size
    Opportunity knocks in Bandon with this rare dual-home investment property on a spacious half-acre lot. Located at 87605 & 87615 20th Street, this unique offering features two separate residences, each with established long-term rental history—ideal for investors seeking immediate income potential. Rent amounts $3,017 combined ($1,700 and $1,317).The property includes one 3-bedroom, 2-bath home and one 2-bedroom, 1-bath home, offering flexibility and strong rental appeal. Both homes were built in 1971 and showcase appealing mid-century design elements, including exposed beam ceilings that add warmth and architectural character. The layout of the property allows for privacy between units while still benefiting from shared infrastructure, including a septic system and new well. With tenants already in place, this is a turnkey opportunity for steady cash flow. The generous lot size also provides room for future improvements or added value potential, subject to local regulations.Whether you’re expanding your portfolio or looking for a property with dual-income capability, this Bandon investment offers a compelling blend of stability, character, and upside.
    56 days
    |
    921
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rushel Reed 541-297-5806,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 323147762MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,348
      • Total interior livable area: 2,348 sqft

      Property

      Parking
      • Parking features: Covered, Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      Lot
      • Size: 0.51 Acres
      • Features: Corner Lot, Level, SqFt 20000 to Acres1
      Details
      • Parcel number: 2814300
      • Zoning: C

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Board & Batten Siding, T111 Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Approximately
      • Year built: 1971

      Utilities & green energy

      • Sewer: Shared Septic
      • Water: Shared Well, Well
      • Utilities for property: DSL

      Community & HOA

      Location
      • Region: Bandon

      Financial & listing details

      • Price per square foot: $195/sqft
      • Annual tax amount: $2,099
      • Date on market: 5/4/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 3017
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/4/2026Listed for sale$459,000$195/sqft
        Source: RMLS (OR) #358055564 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 97411

          Getting around

          43 / 100
          Car-Dependent
          36 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Ocean Crest
          • Middle: Harbor Lights
          • High: Bandon

          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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