Coldwell Banker Walla Walla Logo
$650,000
 $3,489 est/mo Sourced by Back At You

85690 Cherry St,Florence, OR 97439

Florence, OR 97439

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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!

Details

MLS #214986547
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site20
Listing Provided ByTriple Oaks Realty LLC | Melissa Stiltner

Features

SQ Feet2,117
BasementY
Story(s)1
Units3
ZoningRR2
Acreage0.33

Interior

HeatingWall Heater
Heating YnNo
CoolingNone
Cooling YnNo

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel, Private Road

Parking

Attached Garage YnNo
Parking FeaturesDriveway

Taxes

Property2342

Area Information

StateOR
CountyLane
CityFlorence
Zip Code97439
School DistrictSiuslaw
Elementary SchoolSiuslaw
High SchoolSiuslaw
Listing VS Median (in 97439)
Price:
$650,000
low | high
Med:
$496,000
73.692307692308% of Average
sqft:
2,117
low | high
Med:
1,392
84.246575342466% of Average
$ / sqft:
$307
low | high
Med:
$750
94.354046474359% of Average
On site:
20
low | high
Med:
59.5
33.613445378151% of Average
Sourced by Back At You

Market Activity 97439

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Coldwell Banker Walla Walla

Coldwell Banker Walla Walla

 (509) 525-0820office@wallawallacb.com
StateOR
CountyLane
CityFlorence
Zip Code97439
School DistrictSiuslaw
Elementary SchoolSiuslaw
High SchoolSiuslaw
Listing VS Median (in 97439)
Price:
$650,000
low | high
Med:
$496,000
73.692307692308% of Average
sqft:
2,117
low | high
Med:
1,392
84.246575342466% of Average
$ / sqft:
$307
low | high
Med:
$750
94.354046474359% of Average
On site:
20
low | high
Med:
59.5
33.613445378151% of Average
Sourced by Back At You
Listing Updated: September 11, 2026 at 11:25:40 PM PDT
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