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.








