Flip report generated May 1, 2025
The Flip Potential of
1626 Lund Ave Coos Bay, OR
is medium.
Current Specs
Multi-Family
2 Units
3 Bed / 2 Bath
1,176 sqft
$143 per sqft
Estimated Value$167,685
Flip Advice
This Coos Bay duplex presents a compelling flip opportunity with its $115K purchase price well below the average area home value of $321K. The property features one 1-bed/1-bath unit and one 2-bed/1-bath unit on a generous 0.32-acre lot, both needing renovation. As a 1952-built fixer-upper, it offers significant value-add potential in a market where typical homes appreciate steadily.
Focus renovations on modernizing kitchens and bathrooms while addressing essential repairs. Consider converting to a 3-bed/2-bath single-family home for maximum ROI, as comp data shows this configuration could yield a valuation around $225K. Alternatively, maintain as a duplex but upgrade finishes to command higher rents, capitalizing on the property's $17,400 annual gross income potential.
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