The Story

22172 Highway 62

Shady Cove, OR 97539 · Home

Endless possibilities! This versatile split-level, multigenerational home offers nearly 1,500sf & an exceptional opportunity at just $200/sf. Operated successfully as 2-separate rentals for many years, the flexible layout has been used as 2-bdrms upstairs & 3-bdrms downstairs, making it ideal for multigenerational living, an investment property, or a first-time buyer hoping to offset their mortgage. Each level has its own washer/dryer hookups, with split, fully fenced yards, tons of parking & large brand-new 14x22-Redwood deck overlooking beautiful river views. Cozy pellet stove adds warmth & charm. Close to school, restaurants, grocery store, post office & famous Phil's Frosty's right across the street! Recent upgrades include roof (2022), exterior paint (2023), kitchen/bath updates (2024), LVP flooring & new deck (August 2026). Excellent rental history at $2,100/mo. when operated as 2-units. City sewer + 12-GPM well. Priced well below market! Listing agent related to Seller.


Facts & Features

Property Info

Price
$299,999
Completion Year
1,947
Living Space
1,494 sq ft
Bedrooms
3
Bathrooms
2

Features & Amenities

Basement

Yes

Cooling

Wall/Window Unit(s)

Heating

Baseboard, Pellet Stove, Wall Furnace

Appliances

Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater

Flooring

Laminate, Tile

Roof

Composition

Lot Information

Fenced

Water Source

Shared Well

Sewer

Public Sewer

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Listing Broker

Windermere Trails End R.E.

Broker Name

Windermere Trails End R.E.

Agent

Michael W Coble