2149 S FRANKLIN ST, Seaside, OR 97138

  • $1,150,000
  • $1,250,000

Overview

  • 4800 Sqft
    Property Size
  • 1947
    Year Built
  • MultiFamily
    Property Type
  • 650795690
    MLS#
  • 0.23 Acres
    Land Area
  • Works Real Estate
    Office Name
  • Chrissy Tese-Moe
    Agent Name

Description

Prime coastal 8-Plex investment opportunity in South Seaside, Oregon. Just four blocks from the beach and steps from a golf course and park, this 8-unit multifamily property offers a rare investment opportunity in South Seaside. Built in 1947, the 11-bed, 8-bath complex consists of five 1-bed/1-bath units and three 2-bed/1-bath units, spanning a total of 4,800 sqft across two buildings on a 10,000 sqft lot (100×100 ft), and includes nine off-street parking spots. This property consistently maintains full occupancy, often receiving hundreds of applicants when a unit becomes available. Located in a desirable neighborhood known for its well-kept homes, this property is just minutes from the Seaside Promenade and four blocks to the popular South Cove surf area. It has undergone major plumbing and electrical updates in 2008/2009, with new windows—10 left to install before closing. Offers an on-site community laundry room. With strong rental demand and the possibility for a conversion to a motel for short-term rental potential, this property offers immediate cash flow and long-term investment versatility. Tours are available for accepted offers only. 1031 exchange, would consider a trade. Don’t miss this high-demand coastal investment opportunity!

Details

Updated on March 7, 2026 at 8:38 am
  • MLS# 650795690
  • Price $1,150,000
  • Property Size 4800 Sqft
  • Land Area 0.23 Acres
  • Garage Size x x
  • Year Built 1947
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Works Real Estate
  • Agent Name Chrissy Tese-Moe
  • Office Phone 503-714-7053

Additional details

  • Listing Terms Call Listing Agent, Cash, Conventional, Trade
  • Roof Composition
  • Sewer Public Sewer
  • Heating Wall Heater
  • County Clatsop
  • Property Type MultiFamily
  • Parking Off Street
  • Middle School Seaside
  • Community Features Laundry

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