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$1,250,000 -$250,000 (-16.67%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
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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.

Full Property Details for 1320 Spruce St

General

  • Price: $1,250,000
  • Taxes: $14,747 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 607072026
  • Updated: 5/14/2026
  • Added to Site: 30 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Total Spaces: 8
  • Parking Features: Assigned, Carport

Location

  • County: Lane
  • Driving Directions: Hwy 101, E on Hwy 126, l onto Spruce, Property on the right

School Information

  • Elementary School: Siuslaw
  • Middle School: Siuslaw
  • High School: Siuslaw

Community

  • Community Name: 228 - Lane Co: Florence Town

Heating & Cooling

  • Heating Type: Forced Air - 90%
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: None
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 6,522
  • Year Built: 1984
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.59
  • Lot Size (Sq. Ft.): 25,700
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Green Belt, Level, Wooded

Financial Considerations

  • Operating Expenses: $31,408
  • Tax Amount: $14,747
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 18-12-26-24-01210, 01209, 01208, 01207, 01206, 01205, 01204, 01203, 01202
  • Property ID: 14036721403664

Listed by Windermere Real Estate Lane County (541) 997-5926, Desiree Clifton (541) 999-5223

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Listing agent

— 1320 Spruce St —

  • Desiree Clifton

    Windermere Real Estate Lane County

    541-997-5926

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1320 Spruce St

School District:Siuslaw School District 97j
NameGradesDistance
Siuslaw Elementary School
2221 Oak Street, Florence, OR 97439
K-50.6 mi
Siuslaw Middle School
2525 Oak Street, Florence, OR 97439
6-80.8 mi
Siuslaw High School
2975 Oak Street, Florence, OR 97439
9-121 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 1320 Spruce St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Price Reduced
$1,250,000
-16.67%
MLS
4/20/2026
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
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 for 1320 Spruce St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,128
3%
$155,966
3%
2024
$2,067
3%
$151,424
3%
2023
$2,009
6%
$147,014
6%
2021
$1,888
-2%
$138,576
-3%
2022
$1,928
2%
$142,733
6%
2021
$1,888
7%
$134,540
3%
2019
$1,770
—
$130,622
3%
2018
$1,774
4%
$126,818
3%
2017
$1,711
4%
$123,124
3%
2016
$1,650
4%
$119,538
3%
2015
$1,589
—
$116,056
3%
2014
$1,588
16%
$112,676
14%
2013
$1,371
—
$98,938
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Windermere Real Estate Lane County (541) 997-5926, Desiree Clifton (541) 999-5223

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1320 Spruce St, Florence, OR 97439 (MLS# 607072026) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1320 Spruce St is currently listed for $1,250,000 and was received on April 20, 2026. Want to learn more about 1320 Spruce St? Do you have questions about finding other Multi-Family real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

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