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Property Description
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.The property includes one 3-bedroom, 2-bath home and one 2-bedroom, 2-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 newer well and septic system.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.
Full Property Details
Full Property Details for 87615 20th St
General
- Price: $459,000
- Taxes: $2,099 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 358055564
- Updated: 5/4/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Laminate Flooring
- Appliances: Free-Standing Range, Free-Standing Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Main
Exterior
- Exterior Features: Deck, Yard
Parking
- Parking Features: Carport, Driveway
Location
- County: Coos
- Driving Directions: Hwy 101 south of Bandon, WEST onto 20th. Corner of 101 and 20th.
School Information
- Elementary School: Ocean Crest
- Middle School: Harbor Lights
- High School: Bandon
Community
- Community Name: 260 - Coos County
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Standard Septic
- Water: Well
- Well: Yes
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Aluminum Frames, Vinyl Frames
- Stories/Levels: 1
- Square Feet: 1,328
- Year Built: 1971
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,215
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Gravel
- Lot Features: Cleared, Level
Financial Considerations
- Tax Amount: $2,099.78
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 28-15-36AD TL2800
- Disclosures/Reports: Disclosure
- Property ID: 2814300
Listed by eXp Realty, LLC (888) 814-9613, Rushel Reed (541) 297-5806
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Schools
Schools serving 87615 20th St
School District:Bandon School District 54
| Name | Grades | Distance |
|---|---|---|
Ocean Crest Elementary School 1040 Allegheny Avenue Southwest, Bandon, OR 97411 | K-4 | 0.5 mi |
Harbor Lights Middle School 390 9th Street Southwest, Bandon, OR 97411 | 5-8 | 0.7 mi |
Bandon Senior High School 550 9th Street Southwest, Bandon, OR 97411 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 87615 20th St
Date
Details
Price
Change
Source
5/04/2026
Listed
$459,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 87615 20th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,100
1%
$201,290
3%
2024
$2,070
3%
$195,430
3%
2023
$2,014
1%
$189,740
3%
2022
$1,997
6%
$184,220
3%
2021
$1,876
5%
$178,860
6%
2020
$1,783
5%
$168,610
3%
2019
$1,697
3%
$163,700
3%
2018
$1,651
40%
$158,940
3%
2013
$1,179
—
$154,320
3%
2013
$1,179
—
$149,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 87615 20th St
87615 20th St, Bandon, OR 97411 (MLS# 358055564) is a Single Family property with 3 bedrooms and 2 full bathrooms. 87615 20th St is currently listed for $459,000 and was received on May 04, 2026. Want to learn more about 87615 20th St? Do you have questions about finding other Single Family real estate for sale in Bandon? You can browse all Bandon real estate or contact a Coldwell Banker agent to request more information.

