172 S Old Pacific Myrtle Creek, OR $ 599,000
172 S Old Pacific
$ 599,000
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172 S Old Pacific

Myrtle Creek, OR, 97457
$ 599,000
Baths1.0 Sq 336

Monthly Estimate*

$ 3,737

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Studio

Multi-Family Home for sale in Myrtle Creek, OR

for $599,000 with 1 full bath. This 336 square foot home was built in 1954 on a lot size of 2.52.

Prime mixed-use income property with highway frontage and multiple revenue streams on 2.52 acres! Most of the property is zoned C2 with a small R2 portion offering a wide range of potential uses and income opportunities. This Multi-Family listing highlights the residential income components: a 336 sq ft studio cabin rented at $800/mo and five long-term rental spaces (tenant-owned units) at $400/mo each, all fully occupied. Seller pays water/sewer/garbage for these units.The property also features a 2,404 sq ft commercial building currently operated as the Tri City Country Club bar. Whether kept as a bar or reimagined under the C2 allowances, this space offers exceptional visibility, dedicated parking, and longtime local activity creating a rare chance to own and operate a local landmark or lease it out for additional income. With established residential income, an active commercial component, and zoning that allows for a variety of permitted uses, this property offers a solid mix of revenue and flexibility. See Commercial MLS# 714690645 for full commercial details. Owner carry option with significant down payment.

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Multi-Family Active

Price

$ 599,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,330

Style

Lot Size

2.52

Year Built

1954

Town/City

Myrtle Creek

County/Region

Douglas

MLS | Web ID

697706513

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WallUnit
Roof Composition
Zoning C2 & R2
Year Built 1954
Stories Count 1
Tax Year 2025
Parcel Number R26586
Gross Income 213600.0
County Douglas
Net Operating Income 81300.0
Operating Expense 132300.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions I-5 > Exit 106 > Weaver Rd > R on Mrtl Crk Hwy/S Old Pacific Hwy > Property on Left
High School South Umpqua
City MyrtleCreek
Disclosures Disclosure
Number Of Units Total 6
MLS Area _258
Lot Size Square Feet 109771.0
Listing Terms Cash Other OwnerWillCarry
Elementary School Myrtle Creek
Tax Annual Amount 2330.67
Middle/Junior High School Coffenberry
Property Condition Approximately
Standard Status Active
TaxOtherAnnualAssessmentAmount 78.0
Accessory Dwelling Unit Y/N N
Legal Description TRACT M&B INST 321779 ACRES 2.52 MULT MSS X# X139102 X101703 X1
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Interior
Basement None
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 0
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details Slab
Building Area Total 336.0
Lot Size Acres 2.52
Road Surface Type Gravel
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Internal Only
Street Number 1 172
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* Excluded Features
List By
Stellar Realty Northwest

Broker

najla@najlaslater.com

Email

Affordability Calculator

$3,931
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,737
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949498 Elementary School
1950926 Middle School
South Umpqua High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$599,000 Listed Price

Map


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172 S Old Pacific, Myrtle Creek, OR, 97457 is a Multi-Family Home for sale at $599,000 with 336 sqft and a lot size of 2.52. 172 S Old Pacific is a studio with 1.0 baths and was built in 1954. The property's zip code is 97457 which is in Myrtle Creek, OR