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About the Listing 3EXP01 - PHILLIPB
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.
Listing Highlights
Status
Active
Days on Site
55
Property Type
Multi-Family
MLS ®
360988267
Year Built
1968
Total Square Footage
3,216
Lot/Acreage
0.11
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 50' x 100'
- Zoning: R3
- Roof: Membrane
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: Off Street,Paved
Financial Details
- Tax Amount: $6,661
- Taxes w/Assessments: N/A
- Tax/Property ID: 11830
- Tax Year: N/A
Payment Calculator
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Questions About..
461 S Downing St Seaside, OR 97138
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