The property
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!
Listing snapshot
- Type
- Multi Family
- Status
- Active (ACT)
- Year built
- 1952
- Lot
- 0.33 ac
- Parking spaces
- 5
- Stories
- 1
- Water
- Private,Well
- Sewer
- Public Sewer
- Heat
- Wall Heater
- Roof
- Composition
- Terms
- Call Listing Agent,Cash,Conventional
- Price / sqft
- $307
- Property tax
- $2,342 (2025)
- County
- Lane
- Zoning
- RR2
- Condition
- Updated Remodeled
- MLS®
- 214986547
Heating & cooling
- Wall Heater
Basement
- Crawl Space
Construction
- Concrete Perimeter
- Composition
Lot & view
- Level,Private Road
Parking
- Driveway
Utilities
- Private,Well
- Public Sewer
- Gravel
The house, in pictures
Listing courtesy of Melissa Stiltner, Triple Oaks Realty LLC · 541-225-8815 · RMLS
Listing courtesy of Melissa Stiltner, Triple Oaks Realty LLC · 541-225-8815. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on Sep 13, 2026, 7:12 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.
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