Travis Watts - Coldwell Banker Walla Walla Logo
$900,000
 $4,831 est/mo Sourced by Back At You

461 S Downing St,Seaside, OR 97138

Seaside, OR 97138

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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.

Details

MLS #360988267
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1968
Days On Site171
Listing Provided ByeXp Realty LLC | Bree Phillips

Features

SQ Feet3,216
Story(s)2
Units4
ZoningR3
Acreage0.11

Interior

HeatingBaseboard, Zoned
Heating YnYes
CoolingNone
Cooling YnNo

Exterior

RoofMembrane
Security FeaturesNone
Foundation DetailsSlab
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesOff Street, Paved

Taxes

Property6661

Area Information

StateOR
CountyClatsop
CitySeaside
Zip Code97138
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97138)
Price:
$900,000
low | high
Med:
$689,000
73.444444444444% of Average
sqft:
3,216
low | high
Med:
1,919
90.32960199005% of Average
$ / sqft:
$280
low | high
Med:
$359
21.702622893868% of Average
On site:
171
low | high
Med:
48
100% of Average
Sourced by Back At You

Market Activity 97138

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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 brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Travis Watts

Travis Watts

Coldwell Banker Walla Walla

Certified Luxury Home Marketing Specialist, Luxury Property Specialist (509) 386-0955travis@teamwatts.com
StateOR
CountyClatsop
CitySeaside
Zip Code97138
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97138)
Price:
$900,000
low | high
Med:
$689,000
73.444444444444% of Average
sqft:
3,216
low | high
Med:
1,919
90.32960199005% of Average
$ / sqft:
$280
low | high
Med:
$359
21.702622893868% of Average
On site:
171
low | high
Med:
48
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $675K - $1.125M
sqft: 2,000 - 4,000
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321 S PROM C Property Photo 1
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321 S PROM B Property Photo 1
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321 S Prom B
Seaside, OR 97138
321 S PROM A Property Photo 1
$1,795,000
321 S Prom A
Seaside, OR 97138
860 BEACH DR Property Photo 1
$899,000
860 Beach Dr
Seaside, OR 97138
950 S EDGEWOOD ST Property Photo 1
$449,000
950 S Edgewood St
Seaside, OR 97138
Listing Updated: July 13, 2026 at 12:03:42 PM PDT