Rent report generated May 1, 2025
The Rent Potential of
1626 Lund Avenue Coos Bay, OR
home
is $1,300 – $1,400/mo.
Multi-Family Homewith2 units.
Explore detailed rental comps for each of the available unit configurations:
Current Specs
2 Bed / 1 Bath
784 sqft
Electric Wall Heating
Public Sewer
Public Water
Driveway Parking
Water Included
Rent Comps
$1,200
$1,395
$1,950
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
5 Listings
2 Bed / 1-1.5 Bath
700 - 950 sqft
Within 2.2 mi
Avg. Monthly Rent$1,449
Rent Advice
This duplex in Coos Bay offers strong rental potential with its 3 beds/2 baths across two units (1BD/1BA and 2BD/1BA). Based on comp data, the property could generate $2,100-$2,300 monthly ($25,200-$27,600 annually), though the current owner lists gross income at $17,400. With a recent purchase price of $115,000, this yields a potential 4-6 year payback period. The property sits on a generous 0.32-acre lot in an area where rentals command lower rates than the national average but have seen modest growth of 0.8-9% year-over-year, depending on the source.
This fixer-upper needs TLC to maximize rental income. I'd recommend updating kitchens and bathrooms first, as these typically deliver the highest ROI for rental properties. The oversized lot presents opportunities for expansion or additional amenities like storage units that could command premium rent. Consider converting to an Airbnb for part of the year, as Coos Bay has only 105 active listings with 32% average occupancy rate, potentially allowing for higher short-term rental income during peak seasons.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.