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867 S 2nd St, Coos Bay, OR, 97420

1beds
1baths
576sqft
$225,000
$391price/sqft
$1,494/moest. monthly cost
$59,760/yrincome needed

About This Home

Take a look at this fully remodeled 1-bedroom cottage, expertly furnished and currently operating as a successful short-term rental. Owning this charming property offers you a fantastic opportunity for income generation on the stunning Oregon Coast.And there's more! A second unit next door is also available for sale, making it a smart investment to purchase both. These homes both sit on long lots that have prospective development opportunities - maybe RV parking? Unlock your potential for even greater returns with two income-producing properties in this beautiful location.Don’t miss out! Secure your coastal investment today! ????

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

--
Eastside SchoolGrades K-21.0 mi
4/10
Marshfield Junior HighGrades 7-80.3 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1925

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Shake Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Quartz,Closet
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Features: Closet
  • Level: Main

Property

Details

  • Parcel number: 6899300
  • Zoning: C-2

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Yard

Lot

  • Lot size: 4,791 sqft
  • Features: Level,SqFt 3000 to 4999

Parking

  • Parking features: On Street,RV Access/Parking
  • Has uncovered spaces: Yes

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

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding

FEMA Declared Disasters in Coos 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 $1,137$13,644
Home Insurance *$75$900
Property Taxes $106$1,272
Electricity $176$2,119
Total$1,494$17,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,222/yr
40% on housing$44,820/yr
45% on housing$39,840/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: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$391This listing

vs Other Active Listings

Avg $/sqft

ZIP 97420$200
Coos County$235

vs Homes Sold Last Month

Median $/sqft

ZIP 97420$204
Coos County$233

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
2026-05-19Price change$225,000
2026-04-08Listed for sale$275,000
2025-09-25Listing removed$3,200
2025-09-04Listed for rent$3,200
2025-05-02Listing removed$3,200
2025-02-10Listed for rent$3,200
2025-01-31Listing removed$3,200
2024-12-16Listed for rent$3,200
2024-11-23Listing removed$3,200
2024-09-11Listed for rent$3,200
2024-09-03Listing removed$3,200
2024-05-22Listed for rent$3,200
2024-04-06Listing removed--
2024-03-12Listed for rent$3,200
2024-02-29Listing removed--
2024-02-08Listed for rent$3,200
2017-10-19Listing removed$85,000
2017-10-16Listed for sale$85,000
2017-09-08Pending sale$85,000
2017-05-16Price change$85,000
2017-05-12Price change$510,000
2017-04-21Price change$85,000
2017-04-17Price change$510,000
2017-04-14Pending sale$85,000
2017-04-10Listed for sale$85,000

For Sale by Agent

AgentShasta Pearson
BrokeragePearson Properties, LLC

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