461 S DOWNING ST, Seaside, OR 97138

  • $900,000
  • $935,400

Overview

  • 3216 Sqft
    Property Size
  • 1968
    Year Built
  • MultiFamily
    Property Type
  • 360988267
    MLS#
  • 0.11 Acres
    Land Area
  • eXp Realty LLC
    Office Name
  • Bree Phillips
    Agent Name

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

Updated on July 13, 2026 at 7:57 pm
  • MLS# 360988267
  • Price $900,000
  • Property Size 3216 Sqft
  • Land Area 0.11 Acres
  • Garage Size x x
  • Year Built 1968
  • Property Type MultiFamily
  • Property Status Active
  • Office Name eXp Realty LLC
  • Agent Name Bree Phillips
  • Office Phone 888-814-9613

Additional details

  • Listing Terms Cash, Conventional
  • Roof Membrane
  • Sewer Public Sewer
  • Cooling None
  • Heating Baseboard, Zoned
  • County Clatsop
  • Property Type MultiFamily
  • Parking Off Street, Paved
  • Elementary School Pacific Ridge
  • Middle School Seaside
  • High School Seaside
  • Community Features Laundry

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