Residential Income in Seaside

$900,000

461 DOWNING, 97138, Seaside, OR

Residential Income for sale in Seaside, 461 DOWNING, 97138

461 DOWNING, 97138, Seaside, OR

$900,000

Type: Residential Income

Description

Well-maintained 4-plex investment property in the heart of Seaside on a level 50’ x 100’ lot, just 3 blocks to the beach and 2 blocks to the Necanicum River. Strong rental history with excellent occupancy, including 3 established long-term occupants and 1 newer occupant for income potential. Recent improvements include a full Unit 4 renovation (2025), Unit 1 renovation (2021), Unit 3 renovation (2019), new exterior doors (2024), and new windows in 3 units (2024). Unit 2 offers upside potential with original finishes. Excellent opportunity for a 1031 exchange, portfolio expansion, or coastal multifamily investment next to downtown shops, restaurants, and attractions.

Location

461 DOWNING, 97138, Seaside, OR

Data

Object TypeResidential Income
Purchase Price$900,000
Living Space0 m²
Plot Size445.1 m²
BathroomsN/A
Construction Year1968
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Zoned
Primary Energy SourceN/A
Construction Year1968
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent