1320 Spruce St, Florence, OR 97439
Local realty services provided by:ERA Freeman & Associates, Realtors
Listed by: desiree clifton
Office: windermere real estate lane county541-997-5926
MLS#:607072026
Source:PORTLAND
Price summary
- Price:$1,500,000
- Price per sq. ft.:$229.99
About this home
Opportunity awaits for investors seeking a reliable, income-producing property on the Central Oregon Coast. This offering features four fully rented duplexes, all situated in a convenient and central location with amenities nearby, making it an appealing choice for both tenants and owners.The property boasts a unique advantage as it backs up to the Munsel Creek bike path greenbelt. This setting provides a peaceful forest backdrop in the backyards of each duplex, enhancing the living experience for residents and adding value to the property. While all units are currently rented, there is additional opportunity for the new owner to increase rental income. Some rents have not yet been updated to reflect current market values, presenting potential for higher returns. Comprehensive financial information is available to qualified buyers upon request. For the privacy and comfort of current tenants, a 24-hour notice is required before any property viewing. Please respect the tenants and do not disturb them without prior arrangement....
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Home facts
- Year built:1984
- Listing ID #:607072026
- Added:13 day(s) ago
- Updated:May 04, 2026 at 11:19 PM
Rooms and interior
- Living area:6,522 sq. ft.
Heating and cooling
- Heating:Forced Air 90
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:6,522 sq. ft.
- Lot area:0.59 Acres
- Lot Features:Green Belt, Level, Wooded
- Foundation Description:Slab
- Levels:2 Stories
Schools
- High school:Siuslaw
- Middle school:Siuslaw
- Elementary school:Siuslaw
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$229.99
- Tax amount:$14,747 (2025)
Parking
- Total parking spaces:8
- Parking description:Assigned, Carport
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