Multifamily
Rose Street Townhouses
275 Rose Ave, Winston, OR 97496
Listing Price: $1,140,000
Investment Overview
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
Exclusively Listed By
Listing Price: $1,140,000
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
Investment Overview
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.
Exclusively Listed By