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67420 E Bay Rd, 
Northbend, OR 97459

$1,300,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Randy Hoffine

Pacific Properties

541-269-5263

Last updated:

July 22, 2025, 11:16 AM

MLS#

215307807

Source:

PORTLAND

About This Home

67420 E Bay Rd

Exceptional Glasgow Investment or Redevelopment Opportunity – 1.8 Acres. Unlock the potential of this unique 1.8-acre property in the desirable Glasgow area. Currently configured with four home sites—including three manufactured homes under lease and one land lease—this property offers immediate rental income with below-market rents, presenting upside for savvy investors. Key infrastructure is already in place: four operational septic systems, four individual water meters, and fully separated utilities for each unit. Three of the manufactured homes feature new roofs, and the grounds have been professionally landscaped and well maintained, reflecting pride of ownership. Additional amenities include five carports and a workshop, enhancing both functionality and tenant appeal. Strategically situated with easy access to town and located in an area known for its favorable weather and enduring demand, this property is ideal for investors seeking stable cash flow or for developers considering future redevelopment. While redevelopment would require a significant upfront investment to remove the existing homes and reimagine the site, the location and infrastructure lay a solid foundation for a transformative project. Don’t miss this chance to secure a property with both immediate income and long-term potential in one of the region’s most attractive settings.

Home Facts

Multi-Family

Built in 1989

Price Summary

1,300,000

MLS #:

215307807

Last Updated:

July 22, 2025, 11:16 AM

Added:

21 day(s) ago


Structure

Structure

Year Built:

1989


Lot

Lot Size (Sq. Ft):

78,408


Finances & Disclosures

Finances

Price:

$1,300,000

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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 Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: July 22, 2025

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