

Where are the best places to buy multi family property in Oregon?
At least 1/3 or my sales are investor related for vacation rental or multi family properties.
My area of focus is coastal real estate in Oregon and California but another are we operate is the I-5 corridor from southern Portland through Eugene.
I've sold multi family properties in Astoria, Warrenton, Salem, Albany and along the coast north and south of Bandon Oregon.
The typical buyer investor profile is a Gen X or millennial seeking to house hack with a duplex or triplex or a qualified investor with value add interest in 5+ unit properties.
Oregon is relatively affordable in comparison to other Western or Pacific States and shows strong demographics with a substantial shortage of multi family housing.
My top three areas to invest in Multi Family properties in Oregon Are:
- Eugene, rapidly growing, family and community centric city of roughly 200k+ that provides strong upside potential. Duplexes here begin in the $250-300k per unit range and single 1/1 complexes average $85-100k+ per door. ADU's are welcomed.
- Springfield/Junction City/Albany, are all smaller suburbs of Eugene. They can offer a slightly more attractive price point with similar demand for rental units.
- The Oregon Coast, difficult to procure but often high value add buyer options. Slightly lower rates of return depending on usage, but lower price points as well.
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