85690 CHERRY ST, Florence, OR 97439
- $650,000
- 2,117
- SqFt
- List Price
- $650,000
- Days on Market
- 0
- MLS#
- 214986547
- Property Type
- Multifamily
- Sqft. of Residence
- 2,117
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Lane Co: Florence South/Dunes City
- Status
- ACTIVE
Property Description
Discover an exceptional, high-performing investment opportunity nestled in a private forest setting just one mile from Old Town Florence. Positioned right in front of the famous sand dunes and the Siuslaw River, 85690 Cherry St combines lifestyle appeal with unbeatable income generation. Comprising two well-maintained buildings across a peaceful multi-unit layout, this triplex features 100% modernly renovated interiors and exteriors. Every unit has been thoughtfully upgraded, allowing the property to command top-tier, above-market rents with zero deferred maintenance. With strong historical demand, low operational overhead, and gorgeous natural surroundings, this turnkey asset is built for immediate cash flow. Whether you are expanding your portfolio or breaking into coastal multi-family real estate, this rare find checks every box. Schedule your private tour today!
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Additional Information
- Tax Amount
- $2,342
- Year Built
- 1952
- High School
- Siuslaw
- Elementary School
- Siuslaw
- Middle School
- Siuslaw
- Acres
- 0.33
- Living Area
- 2,117
- Stories
- 1
- Terms
- Call Listing Agent, Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Electricity
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Gravel
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 1875
- Unit Type One Sq Ft
- 912
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Rent
- 1500
- Unit Type Three Sq Ft
- 602
- Unit Type Three Units Total
- 1
Mortgage Calculator
Listing courtesy of Triple Oaks Realty LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.