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34068921
34068915

275 Rose Avenue, Winston, OR 97496

WR
OR 201204200, WA 25012784
Marcus & Millichap - Portland
ND
2201232300
Marcus & Millichap - Portland
Listed by Marcus & Millichap - Portland
$1,140,000
1 day on market
Updated 1 day ago

Rose Street Townhouses

Details
Property Type Multifamily
Square Footage 11,088
Units 12
Cap Rate 6.81%
NOI $77,648
Pro-Forma Cap Rate 8.32%
Pro-Forma NOI $94,795
Class C
Year Built 1980
Buildings 1
Acreage 0.810
Parking Spaces 15 spaces
Parking per 1,000 SqFt 1.35

Ideal Two Bedroom Townhouse Units

Marketing description

Property Website: https://rosestreettownhomes-therhoadesgroup.lovable.app/

The Rhoades Group of Marcus & Millichap is pleased to present the opportunity to acquire Rose Street Townhouses, a twelve-unit multifamily investment opportunity located in Winston, immediately adjacent to the larger employment and service hub of Roseburg. The property consists of all two-bedroom, one-bathroom townhouse-style units across two residential buildings situated on a 0.81-acre tax lot. Constructed in 1980, the asset has benefited from over 20 years of stable, professional management under current ownership, with a history of consistent upkeep and interior improvements that have preserved the property’s functional integrity and tenant appeal.

Interior enhancements across the units include updated appliances, refreshed cabinetry and countertops, and a mix of linoleum, LVP, and carpet flooring. These improvements provide a clean, durable interior finish that aligns well with long-term workforce housing demand in the Winston–Roseburg submarket. The townhouse-style layout further enhances livability, offering private entrances and a more residential feel compared to traditional multifamily configurations. This design feature has contributed to stable occupancy and strong tenant retention over time.

The property offers a highly desirable and consistent unit mix of two-bedroom, one-bathroom townhomes, each with two dedicated parking spaces and direct access to surrounding greenspace. In addition, the community benefits from an on-site coin-operated laundry facility, providing an additional income stream while offering convenient amenities for residents. The site’s generous open space at both the front and rear of the property enhances the residential character and may present future optionality for reconfiguration or development, subject to buyer verification and municipal approval.

A new owner will have the opportunity to acquire a well-performing, stabilized asset with durable in-place operations and limited near-term capital needs. Select exterior enhancements and strategic rebranding efforts may provide a clear pathway to further increase net operating income. Supported by strong regional fundamentals including limited new multifamily supply, steady population demand, and a diversified employment base—the Rose Street Townhouses represent a compelling investment opportunity within one of Southern Oregon’s most stable and supply-constrained rental markets.

Investment highlights

  • NEAR MARKET RENT LEVELS - Strong Upside Potential with In-Place Rents Already Near Market Levels
  • HIGH DEMAND TWO BEDROOM UNITS - Highly Desirable, In-Demand Two-Bedroom Townhouse-Style Units
  • CONSISTENT LOW VACANCY - Consistently Low Vacancy in a Strong, Sought-After Rental Location
  • QUIET ESTABLISHED LOCATION - Ideally Situated within a Quiet, Established Residential Neighborhood
  • PROFESSIONAL MANAGEMENT HISTORY - Professionally Managed with a History of Consistent Maintenance and Care

Listing Contacts

WR
OR 201204200, WA 25012784
Marcus & Millichap - Portland
ND
2201232300
Marcus & Millichap - Portland
Listed by Marcus & Millichap - Portland

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,648.00
$6,470.67/mo

Valuation Metrics

0
DSCR
6.81%
Cap Rate
6.81%
ROI

Map

Zoning

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RH ResidentialMulti FamilyResidential High Density
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Whitney Rhoades
License
201204200
Brokerage Phone
5032002000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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