Listing provided courtesy of Stellar Realty Northwest- MLS# 697706513
Images
Request Info172 S Old PacificMyrtle Creek, OR 97457
Multi-Family · 336 Sq. ft. | 2.52 Acres$550,000
Active
172 S Old Pacific Overview
- Time on Site:
- 228 days
- Visits:
- 36
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 four 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. Motivated seller!
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
172 S Old Pacific Facts & Features
- Type Multi-Family
- Sq. ft. 336
- Price/Sq.ft. $1,637
- Lot 2.52 Acres
Details
General
School Information
- Elementary School: Myrtle Creek
- Middle Or Junior School: Coffenberry
- High School: South Umpqua
Income/Expenses
- Gross Income: 208800.0
- Gross Scheduled Income: 208800.0
- Net Operating Income: 76500.0
- Operating Expense: 132300.0
Building Information
- Year Built: 1954
Location/Region
- Country: US
- County Or Parish: Douglas
- MLS Area Major: 258 - Douglas Co: Myrtle Creek/S&SE of Roseburg to Ti
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 2330.67
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Other,Owner Will Carry
- Parcel Number: R26586
- Property Condition: Approximately
- Property Type: Multi Family
- Zoning: C2 & R2
Interior
Building Interior
- Building Area Total: 336.0
General Information
- Basement: None
- Cooling: Wall Unit(s)
- Foundation Details: Slab
- Heating: Wall Heater
- Stories: 1
Exterior
Parking Information
- Parking Features: Driveway,Off Street
Lot Information
- Lot Features: Level
- Lot Size Acres: 2.52
- Lot Size Square Feet: 109771.0
- Road Surface Type: Gravel
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 5
- Sewer: Public Sewer
172 S Old Pacific Neighborhood
Community
97457 (Myrtle Creek) Demographics
48
Median Age
64
Population Density (per sq. mile)
20%
College Educated
$47,788
Estimated Median Income
3,069
Estimated Total Home Owners
1,031
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.172 S Old Pacific Monthly Cost
172 S Old Pacific Market Data
Based on the last 30 days in this zip code
$404,005
Average List Price
$225
Average Price per Square Foot
9
Properties Sold
154
Average Days on Market
72
Properties for Sale
172 S Old Pacific History
| Date | Value | Agent |
|---|---|---|
| 2/17/2026Source: Regional MLS | $550,000 -8.2% |
|
| 2/17/2026Source: Regional MLS | $550,000 -8.2% |
|
| 11/13/2025Source: Regional MLS | November 13, 2025 |
|
| 10/28/2025Source: Regional MLS | $599,000 -14.3% |
|
| 9/18/2025Source: Regional MLS | September 18, 2025 |