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85690 Cherry St, 
Florence, OR 97439

$650,000

—

Bed

—

Bath

2,117

Sq Ft

Multi-Family

Active

Listed by

Melissa Stiltner

Triple Oaks Realty LLC.

541-636-3666

Last updated:

September 10, 2026, 01:34 PM

MLS#

214986547

Source:

PORTLAND

About This Home

85690 Cherry St

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!

Home Facts

Multi-Family

Built in 1952

Price Summary

650,000

$307 per Sq. Ft.

MLS #:

214986547

Last Updated:

September 10, 2026, 01:34 PM

Added:

16 day(s) ago

Rooms & Interior

Interior

Living Area:

2,117 Sq. Ft.

Structure

Structure

Building Area:

2,117 Sq. Ft.

Year Built:

1952

Lot

Lot Size (Sq. Ft):

14,374

Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$307 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Walla Walla are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 10, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.