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7503 N Myrtle Rd, Myrtle Creek, OR, 97457

4beds
3baths
2,454sqft
$579,000
$236price/sqft
$3,642/moest. monthly cost
$145,680/yrincome needed

About This Home

Rare creek-front multi-family opportunity located adjacent to North Myrtle Park on 6.92 usable acres featuring two single-level homes, ideal for multi-generational living or rental income. The main home offers 1,558 sq ft with 3 bedrooms and 2 bathrooms, vaulted ceilings, an open living area, a well-appointed kitchen with breakfast bar, separate laundry room, attached 1-car garage, and a large back deck overlooking the creek and surrounding landscape. The second home includes 896 sq ft with 2 bedrooms and 1.5 bathrooms, a cozy living room with wood stove, separate dining area, and its own laundry space, providing a comfortable and independent living setup. The property also features creek frontage, water rights, a barn, tool shed, and ample room for animals, gardening, or hobby farming, with level to gently rolling terrain, scenic views, privacy, and pride of ownership throughout.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

3/10
1/10
2/10
South Umpqua High SchoolGrades 9-129.2 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: T111 Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Propane Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Attic: Storage

Heating

  • Heating features: Baseboard,Heat Pump

Interior Area

  • Total structure area: 2,454
  • Total interior livable area: 2,454 sqft

Property

Details

  • Parcel number: R54418
  • Zoning: 5R

Features

  • Has view: Yes
  • View description: Creek/Stream,Mountain(s),Trees/Woods
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Creek
  • Waterbody name: North Myrtle Creek

Lot

  • Lot size: 6.92 Acres
  • Features: Level,Trees,Acres 5 to 7

Parking

  • Parking features: RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Heat Wave
Landslide
Winter Weather

FEMA Declared Disasters in Douglas County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,927$35,124
Home Insurance *$199$2,388
Property Taxes $294$3,528
Electricity $222$2,672
Total$3,642$43,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,868/yr
40% on housing$109,260/yr
45% on housing$97,120/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 97457$156
Douglas County$235

vs Homes Sold Last Month

Median $/sqft

ZIP 97457$235
Douglas County$232

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$599,000

For Sale by Agent

AgentJason Mann
BrokerageJ Mann Realty

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