Discover an exceptional, high-performing investment opportunity nestled in a private forest setting just one mile from Old Town Florence. Positioned right in front of the famous sand dunes and the Siuslaw River, 85690 Cherry St combines lifestyle appeal with unbeatable income generation. Comprising two well-maintained buildings across a peaceful multi-unit layout, this triplex features 100% modernly renovated interiors and exteriors. Every unit has been thoughtfully upgraded, allowing the property to command top-tier, above-market rents with zero deferred maintenance. With strong historical demand, low operational overhead, and gorgeous natural surroundings, this turnkey asset is built for immediate cash flow. Whether you are expanding your portfolio or breaking into coastal multi-family real estate, this rare find checks every box. Schedule your private tour today!
Multi-familyProperty Type
1952Year Built
0.33 acresLot Size
$307Price/Sq.Ft.
5 spacesParking
Listed by Melissa Stiltner• Triple Oaks Realty LLC
Sweet & charming. Enjoy the trees and tranquility in this quiet South Florence home. Nestled in the woods and ready for your personal touches. Large master bedroom with walk-in closet. Property boasts RV/Boat storage and oversized detached garage. Just minutes from town, fishing, and state parks. Make this diamond sparkle again.
Year
Property tax
Land + Additions
Assessment*
2025
$2,342 (+3.4%)
2024
$2,265 (+2.7%)
2023
$2,205 (+4.4%)
2022
$2,112 (+2.8%)
2021
$2,054 (+3.0%)
2020
$1,995 (+4.0%)
2019
$1,917 (−1.0%)
2018
$1,937 (+3.8%)
2017
$1,867 (+2.9%)
2016
$1,814 (+3.0%)
2015
$1,761 (+1.2%)
2014
$1,740 (+6.7%)
2013
$1,631 (+6.4%)
2012
$1,533 (+3.9%)
2011
$1,475 (−4.8%)
2010
$1,550 (+2.8%)
2009
$1,508
Public record
Public record
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1979
Finished Sq. Ft.
1,205
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,205
Year built
1952
Style
Single Family Residential
County
Lane County
APN
0805513
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
Feb 9, 2014 • Final
Residential combo
Construct a detached shop and carport.
ADU
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
6 days above 77° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
7 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Florence, OR • 97439
Average low and high temperatures (°F)
54
40
53
41
55
43
58
44
61
47
64
50
65
51
68
55
67
52
63
48
56
45
54
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 85690 Cherry St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $420,000 and $721,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $722K.