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3 Beds
2 Baths
1,328 sqft

$459,000

87615 20TH ST, Bandon OR, 97411

Price per sqft$345.63
Built in1971
Property size1,328 sqft
Property typeResidential
Listing Courtesy of eXp Realty, LLC, Rushel Reed. 541-297-5806

Overview

Active

Listed May 4, 2026

Updated 39h ago

Opportunity knocks in Bandon with this rare dual-home investment property on a spacious half-acre lot. Located at 87605 & 87615 20th Street, this unique offering features two separate residences, each with established long-term rental history—ideal for investors seeking immediate income potential. Rent amounts $3,017 combined ($1,700 and $1,317).The property includes one 3-bedroom, 2-bath home and one 2-bedroom, 1-bath home, offering flexibility and strong rental appeal. Both homes were built in 1971 and showcase appealing mid-century design elements, including exposed beam ceilings that add warmth and architectural character. The layout of the property allows for privacy between units while still benefiting from shared infrastructure, including a septic system and new well. With tenants already in place, this is a turnkey opportunity for steady cash flow. The generous lot size also provides room for future improvements or added value potential, subject to local regulations.Whether you’re expanding your portfolio or looking for a property with dual-income capability, this Bandon investment offers a compelling blend of stability, character, and upside.

$3,054/mo

Est. mortgage payment based on a $459,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
358055564

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.51 Acres

Other Property Details

Taxes
$2,100
Tax Frequency
Annually
55+/Senior Community
No
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Listing Courtesy of eXp Realty, LLC, Rushel Reed. 541-297-5806

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 Keller Williams 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 10/14/2026, 4:12 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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