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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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85690 Cherry St , Florence, OR 97439
$650,000
Est. Payment: $3,319.65/mo
3 Bed
3 Bath
2117 Sqft
Status: Active | Days on site: 13
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5TOR01 - STILTNER
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House 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!

Highlights

Listed by Melissa Stiltner , 541-225-8815 Triple Oaks Realty LLC , 541-636-3666. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.33

Year Built

1952

County

Lane

Area

231 - Lane Co: Florence South/Dunes City

Listing ID

214986547

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Crawl Space
Water:Private,Well

Exterior Features

Lot:Level,Private Road
Garage Capacity:5
Zoning:RR2
Roof:Composition
Others:
  • Additional:Updated/Remodeled
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$3,320
Taxes
$195

Home Price

$650,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,319.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,319.65 $195.18 $0.00 $3,514.83
Yearly $39,835.83 $2,342.18 $0.00 $42,178.01
Total $1,195,074.77 $70,265.40 $0.00 $1,265,340.17

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Florence, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

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