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Listed by eXp Realty LLC
$935,400
Est. payment /mo
3,216 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $290
MLS Listing ID 360988267
HOA Y/N No
Year Built 1968
Annual Tax Amount $6,661
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
This well-maintained 4-plex sits on a flat, 50' x 100' lot in the heart of downtown Seaside. Located just 3 blocks from the beach and 2 blocks from the Necanicum River, the property is an attractive location for long term or mid-term occupants. Seaside's economy supports both long-term rentals and mid-term rentals, making this a versatile asset for investors seeking resilient cash flow. Proven rental track record with excellent occupancy history. Three long-term occupants in place and one newer occupant giving reliable income with minimal vacancy. Ideal for 1031 exchange buyers, portfolio expansion, or hands-on investors looking to add value through minor cosmetic tweaks. Unit 4 fully renovated in 2025, Unit 1 renovated in 2021, Unit 3 renovated in 2019 and Unit 2 remains original. All new exterior doors across the property (2024). New windows installed on three units in 2024 (Unit 4 windows remain functional.
Location
State OR
County Clatsop
Community Laundry
Area _186
Zoning R3
Rooms
Basement None
Interior
Heating Baseboard, Zoned
Cooling None
Exterior
Community Features Laundry
Roof Type Membrane
Garage No
Building
Lot Description Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Pacific Ridge
Middle Schools Seaside
High Schools Seaside
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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NEARBY SCHOOLS & PROPERTIES
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Corbin & Vollstedt Group
Owner/Admin | License ID: 200812045
Owner/Admin License ID: 200812045