85690 CHERRY ST, Florence, OR 97439
85690 CHERRY ST, Florence, OR 97439
85690 CHERRY ST, Florence, OR 97439
85690 CHERRY ST, Florence, OR 97439
85690 CHERRY ST, Florence, OR 97439
85690 CHERRY ST, Florence, OR 97439
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Matthew Tercek

Matthew Tercek

+1(503) 453-5815
Listed by Triple Oaks Realty LLC • 541-225-8815
$ 650,000
Est. payment | /mo

2,117 SqFt

Save
$ 650,000
Est. payment | /mo
Save

2,117 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,117 sqft

Price per Sqft $307

MLS Listing ID 214986547

Year Built 1952

Annual Tax Amount $2,342

Tax Year 2025

Lot Size 0.330 Acres

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!

Location

State OR

County Lane

Community Laundry

Area _231

Zoning RR2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Cooling None

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level, Private Road

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Private, Well

Level or Stories 1

Schools

Elementary Schools Siuslaw

Middle Schools Siuslaw

High Schools Siuslaw

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

Regional Multiple Listing Service (RMLS)

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85690 CHERRY ST

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Matthew Tercek
Matthew Tercek

Team Lead / Agent License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

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