85690 Cherry St

Florence, OR 97439
  • $650,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 2,117

    SqFt

About the Listing 5TOR01 - STILTNER

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!

Listing Highlights

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 214986547
Year Built 1952
Total Square Footage 2,117
Lot/Acreage 0.33
County Lane
Elementary School Siuslaw
Middle School Siuslaw
High School Siuslaw

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: WallHeater
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Private,Well

Exterior Details

  • Lot Description: Level,Private Road
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: RR2
  • Roof: Composition
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $2,342
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0805513
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

85690 Cherry St Florence, OR 97439

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Originating MLS: Regional Multiple Listing Service, Inc.

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