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226 NW 2nd Ave, Myrtle Creek, OR, 97457

2beds
2baths
1,798sqft
$199,000
$111price/sqft
$1,471/moest. monthly cost
$58,840/yrincome needed

About This Home

Exceptional investment opportunity featuring two properties on one purchase! Property at 220 is currently operating as a hair salon and offers approximately 672 sq. ft., including a welcoming lobby/reception area, one bathroom, and a rear storage/work area. Property at 226 is a well-maintained 2-bedroom, 1-bath residence with a functional kitchen, comfortable living room, and energy-efficient ductless heating and cooling. Both buildings offer convenient rear parking. Whether you're looking to invest, operate a business while living next door, or generate rental income from one or both properties, this versatile property offers endless possibilities. Schedule your showing today!

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

3/10
1/10
2/10
South Umpqua High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1939

Materials

  • Roof: Composition
  • Construction materials: Stucco,T111 Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Other

Interior Area

  • Total structure area: 1,798
  • Total interior livable area: 1,798 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R15494
  • Zoning: C1

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,049 sqft
  • Features: Level,SqFt 3000 to 4999

Parking

  • Parking features: Off Street

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 $1,006$12,072
Home Insurance *$68$816
Property Taxes $221$2,652
Electricity $176$2,119
Total$1,471$17,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,434/yr
40% on housing$44,130/yr
45% on housing$39,226/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

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 97457$161
Douglas County$236

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
2026-07-23Listed for sale$199,000
2017-05-31Listing removed$700
2017-05-01Price change$700
2017-04-28Listed for rent$650
1990-03-01Sold$21,862

For Sale by Agent

AgentJason Mann
BrokerageJ Mann Realty

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