Overview
- 4.0
- 6472 Sqft
- 2017
- MultiFamily
- 416531359
- 0.25 Acres
- Realty One Group Prestige
- Cheryl Johnson
Description
Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Owner financing available for a well qualified buyer with minimum 25% down. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!
Details
Updated on July 21, 2026 at 12:06 am-
MLS# 416531359
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Price $1,395,000
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Property Size 6472 Sqft
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Land Area 0.25 Acres
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Car Garage 4.0
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Garage Size x x
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Year Built 2017
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Property Type MultiFamily
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Property Status Active
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Office Name Realty One Group Prestige
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Agent Name Cheryl Johnson
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Office Phone 503-957-1179
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Sewer Public Sewer
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Cooling None
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Heating Forced Air
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County Clatsop
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Property Type MultiFamily
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Parking Driveway, Garage
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Elementary School Warrenton
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Middle School Warrenton
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High School Warrenton
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Down Payment
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Contact Information
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