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 offers strong flip potential with its $115K purchase price against a $168K valuation. Located on a generous 0.32-acre lot, the property features two units (1bed/1bath and 2bed/1bath) needing renovation. The Coos Bay market shows stability with average home values at $321K, creating a favorable environment for value-add investments.
Focus on strategic renovations targeting both units to maximize ROI. Prioritize kitchen and bathroom upgrades, address deferred maintenance, and consider enhancing curb appeal. With comps showing a potential $57K increase by adding space or $25-36K by adding bedrooms/bathrooms, aim for a post-renovation value of $225-250K for optimal returns.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1626 Lund Ave: