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$650,000

Listing Price

3beds

1baths

2,117sqft

14,374sqft lot

85690 Cherry St, Florence, OR 97439

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

307.04

Price / sqft

1952

Year built

Home Details

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!

Interior Details

Square Feet
  • 2117

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Wall Unit

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 14374

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    5

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,994

$0

$0

--%

$181,122

2019

$1,917

$0

$0

--%

$175,847

2018

$1,937

$0

$0

--%

$170,726

2017

$1,866

$0

$0

--%

$165,753

2016

$1,814

$0

$0

--%

$160,925

2014

$1,740

$0

$0

--%

$151,687

2013

$1,630

$0

$0

--%

$147,269

2012

$1,532

$0

$0

--%

$142,980

percent-home-icon

Average Home Price in 97439

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$650,000

3 Beds

1 Baths

2,117 Sqft

14,374 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
650,000
$
Down payment
130,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,900
$
HOA (Monthly)
0
$
PMI
0
$
$4,208
Your Payment
Total Monthly Payment:$4,208
Percent of Income:72%
Affordable:No

Details for 85690 CHERRY ST

Property Debt

Foreclosure Contact Details