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87615 20th StreetBandon, OR 97411Price: $459,000

  • Price: $459,000
  • Est. Mortgage of $/month
  • 37 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $459,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.51Acreage
  • 1,328Square Feet
Listed by Rushel Reed of eXp Realty,LLC
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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.

Property Details of 87615 20th Street

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Based on information submitted to OR_RMLS_WEB_API as of June 9, 2026 7:44 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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