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$499,000

Listing Price

4beds

3baths

1,080sqft

7,841sqft lot

1202 Iris St, Brookings, OR 97415

Member Features

Find Real Estate Bargain!

  • 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

462.04

Price / sqft

1953

Year built

Home Details

Two homes for the price of one! Rare Brookings Investment Opportunity! Two detached homes on one .18-acre corner lot offer exceptional flexibility for investors, multi-generational living, or owner-occupants looking to generate rental income. Live in one home while renting the other, or lease both for long-term income. This property is also an excellent opportunity for buyers completing a 1031 Exchange and seeking to invest in the highly desirable Brookings market. The front home features 3 bedrooms and 1 bathroom, while the second home offers 3 bedrooms and 2 bathrooms. Both homes have been tenant occupied and most rooms have vinyl windows, providing a solid starting point for future updates and added value. Whether you're looking for immediate rental income or a property with long-term upside, this is a rare opportunity to own two homes on one parcel. Ideally located just minutes from downtown Brookings, you'll enjoy convenient access to shopping, restaurants, schools, medical facilities, the Port of Brookings Harbor, and some of the Southern Oregon Coast's most beautiful beaches. From the street and driveway, you'll catch glimpses of the Pacific Ocean, and you'll appreciate the refreshing coastal air and the soothing sound of the surf. Outdoor enthusiasts will love the nearby opportunities for beachcombing, hiking, fishing, kayaking, and exploring the spectacular coastline. The property's zoning does not permit short-term vacation rentals, making it best suited for owner o

Interior Details

Square Feet
  • 1080

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Baseboard

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7841

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

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
  • Board & Batten

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,088

$0

$0

--%

$207,840

2020

$2,088

$0

$0

--%

$201,790

2019

$1,918

$0

$0

--%

$195,920

2018

$2,000

$0

$0

--%

$195,920

2016

$1,879

$0

$0

--%

$184,680

percent-home-icon

Average Home Price in 97415

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$449,765

3 Beds

1 Baths

1,040 Sqft

6,534 Lot (sqft)

Sold 10/13/2026

$530,000

3 Beds

10.5 Baths

1,196 Sqft

7,405 Lot (sqft)

Sold 10/26/2026

$458,331

3 Beds

10.5 Baths

1,092 Sqft

7,841 Lot (sqft)

Sold 10/26/2026

$389,000

3 Beds

1 Baths

1,056 Sqft

8,276 Lot (sqft)

Sold 10/13/2026

$745,921

2 Beds

2 Baths

1,140 Sqft

7,405 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
499,000
$
Down payment
99,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,994
$
HOA (Monthly)
0
$
PMI
0
$
$3,230
Your Payment
Total Monthly Payment:$3,230
Percent of Income:55%
Affordable:No

Details for 1202 IRIS ST

Property Debt

Foreclosure Contact Details