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18591 Alsea Hwy, Alsea, OR 97324

$1,950,000
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Property Description

Rare investment & lifestyle opportunity on 8.59 acres just outside Alsea! This former U.S. Forest Service ranger station features a unique collection of 8 buildings, including 5 single-level ranch-style homes & 2 additional residential-style units, all equipped w/kitchens, bathrooms & bedrooms. With a strong 20 year rental history, the property is ideally suited for continued income production, multi-generational living, or a variety of creative uses. Surrounded by natural beauty & views. The expansive layout, ample parking, and large 4-bay shop open the door to a variety of uses - whether you're looking to expand a rental portfolio, create a retreat-style setting, or explore live/work possibilities. Rich in character and history, this one-of-a-kind property blends privacy, versatility, and income potential in a peaceful rural setting, just minutes from Alsea.

18591 Alsea Hwy | MLS# 708572585

This multi-family property located at 18591 Alsea Hwy, Alsea, OR 97324 is currently listed for sale with an asking price of $1,950,000. Search Alsea real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Gas, Wood Burning
Heating: Baseboard, Forced Air
Roof Type: Metal, Shingle
Taxes: $4,286
Year Built: 1964
Square Feet: 7,800

Units

Unit Type 1:
Bathroom(s): 6
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Rent: $1300.00
Square Footage: 1200
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Range, Refrigerator, WasherDryer, WoodStove
Rent: $1100.00
Square Footage: 1200
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Rent: $990.00
Square Footage: 100
Total Units: 3
Unit Type 4:
Bathroom(s): 1
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Rent: $900.00
Square Footage: 1000
Total Units: 4
Unit Type 5:
Bathroom(s): 2
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Rent: $1100.00
Square Footage: 1200
Total Units: 5
Unit Type 6:
Bathroom(s): 2
Bedrooms: 2
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Square Footage: 1400
Total Units: 6
Unit Type 7:
Bathroom(s): 1
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup, WoodStove
Square Footage: 800
Total Units: 7

Feature Descriptions

Days on Site: 2
Exterior: Board & Batten Siding, Lap Siding, T-111 Sidin
Gross Income: $4290.00 (Actual)
Lot: Gated, Private, Private Road, Secluded, Trees, Wooded
Net Income: $4290.00 (Actual)
Operating Expenses: $10000.00 (Actual)
Parking: Open, Paved
Parking Notes: Open, Paved
Sewer: Standard Septic
Special View Info: Mountain, Trees/Woods
Storage: Garage
Units: 28
Water: Well
Wooded: Yes

Local Schools

High School: Alsea
Middle School: Alsea
Elementary School: Alsea

Listed By / Shown By

Listed By

Agency Name: Town & Country Sotheby's International Realty
Agency Phone: 541-757-1781

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 10,786.18 per month $9,860.26 Principal & Interest $357.17 Property Tax $568.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:14:20 AM EST) or RMLS (last updated Fri 04/17/2026 12:12:18 AM EST) or COAR/MLSCO (last updated Fri 04/17/2026 12:11:21 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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