56076/ 56078 Finley Loop, Coquille, OR 97423 - Photo 1

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$607,000 -$5,000 (-0.82%) Price Reduced

For Sale
Active
Multi-Family
Updated 6 days ago

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Property Description & Video

Great opportunity to own this multi-family, income producing property. Conveniently located off HWY 42 between Coquille and Myrtle Point. Situated on 2.44 acres and boasting of sweeping valley views. Fully functioning rental property, with 2 Duplex's, 4 units total, (2 units per building).Plenty of space for storage and parking with detached shop, carport, and a small garage. Updates to the water system, new roof on 56076. Three of the units have been updated with new vinyl windows, paint, doors, lighting, flooring, and plumbing fixtures. Don't miss out, call today! ROI is based on 660k purchase with 25% down (average conversion rate) with a 7% loan, given current rent and expenses = 17% cap rate is 10%.

Full Property Details

Full Property Details for 56076/ 56078 Finley Loop

General

Price: $607,000
Taxes: $3,457 (2024)
Status: Active
Type: Multi-Family
Source: RWMLS
MLS ID: 699627395
Updated: 6/11/2025
Added to Site: 130 day(s) ago

Rental Information

Rent Includes: None

Additional Information

Security/Safety: None

Parking

Garage: Yes
Parking Features: Driveway, Off Street

Location

County: Coos
Subdivision: RRL
Driving Directions: Hwy 42-Finley Loop to address on R.

School Information

Elem School District: Coquille
Elementary School: Lincoln
Middle School: Coquille
High School: Coquille

Community

Community Name: 260 - Coos County

Heating & Cooling

Cooling Type: None
Heating Type: Zoned
Heating Fuel: Electricity

Utilities

Sewer: Standard Septic
Water: Other, Well
Well: Yes

Structural Information

Property Detached: Yes
Basement Desc.: Separate Living Quarters/Apartment/Aux Living Unit
Roof: Composition
Stories/Levels: 2
Square Feet: 5,057
Year Built: 1932
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 2.44
Lot Size (Sq. Ft.): 106,286
Lot Size: 1 to 2.99 Acres
Frontage: Paved
Lot Features: Gentle Sloping, Seasonal, Terraced

Financial Considerations

Operating Expenses: $5,520
Tax Amount: $3,457.85
Tax Year: 2024
Terms: Call Listing Agent, Cash, Conventional

Disclosures and Reports

Legal Description: 2018 484428s-12-18C TL500
Property ID: 856600

Listed by eXp Realty LLC (888) 814-9613, Tonya Pitts (541) 944-7044 and eXp Realty, LLC (888) 814-9613, Nora Pitts (541) 404-4767

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Listing agents

— 56076/ 56078 Finley Loop —

Tonya Pitts

eXp Realty LLC

888-814-9613
Nora Pitts

eXp Realty, LLC

888-814-9613

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Schools

Schools serving 56076/ 56078 Finley Loop

School District:Coquille School District 8

Name	Grades	Distance
Coquille Valley Elementary School 1115 N Baxter St, Coquille, OR 97423	1-6	3 mi
Lincoln School Of Early Learning 1366 N Gould St, Coquille, OR 97423	PK-1	3.2 mi
Coquille High School 499 W Central Blvd, Coquille, OR 97423	7-12	3.1 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 56076/ 56078 Finley Loop Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/11/2025

Price Reduced

$607,000

-0.82%

MLS

6/06/2025

Price Reduced

$612,000

-0.81%

MLS

5/29/2025

Price Reduced

$617,000

-0.8%

MLS

5/21/2025

Price Reduced

$622,000

-0.8%

MLS

5/15/2025

Price Reduced

$627,000

-0.79%

MLS

5/07/2025

Price Reduced

$632,000

-0.78%

MLS

4/30/2025

Price Reduced

$637,000

-0.78%

MLS

4/23/2025

Price Reduced

$642,000

-0.77%

MLS

4/16/2025

Price Reduced

$647,000

-0.77%

MLS

4/10/2025

Price Reduced

$652,000

-0.76%

MLS

2/08/2025

Listed

$657,000

32.06%

MLS

5/17/2022

Sold

$497,500

—

Public Record

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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 56076/ 56078 Finley Loop

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,458

$322,560

2023

$3,341

$313,170

2022

$3,312

$304,050

2021

$3,221

-3%

$295,200

2020

$3,327

$278,270

2019

$3,166

$270,170

2018

$3,059

13%

$262,310

2013

$2,700

—

$254,670

2013

$2,700

—

$250,730

—

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 56076/ 56078 Finley Loop

56076/ 56078 Finley Loop, Coquille, OR 97423 (MLS# 699627395) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 56076/ 56078 Finley Loop is currently listed for $607,000 and was received on February 08, 2025. Want to learn more about 56076/ 56078 Finley Loop? Do you have questions about finding other Multi-Family real estate for sale in Coquille? You can browse all Coquille real estate or contact a Coldwell Banker agent to request more information.

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56076/ 56078 Finley Loop Coquille, OR 97423