103 Washington St, Astoria, Oregon 97103

  • $519,000
  • $539,000

Overview

  • 2016 Sqft
    Property Size
  • 1900
    Year Built
  • MultiFamily
    Property Type
  • 685356226
    MLS#
  • 0.06 Acres
    Land Area
  • Proud Realty LLC
    Office Name
  • Jeanne Tunberg
    Agent Name

Description

ALL UNITS RENTED – Astoria Cape Cod Triplex, $48K gross annual rent – 10.8 GRM at asking.  All 3 units recently remodeled; rent includes all utilities.  Top floor unit: 1 BD/1 BA with panoramic city, river and Megler Bridge views.  Two studio units below, one on each floor.  Zoned R3, eligible for licensed owner-occupied home stay lodging per City of Astoria.  Estimated NOI ~ $38K, cap rate ~7.3% at asking price.  Built in 1900 with a total 2, 016 sq ft on 3 stories.  3 off-street parking spaces via driveway.  Below average GRM for Astoria’s multi-family market.  Turnkey income with a documented path to STR conversion for an owner-occupant buyer.  Owner financing options available!

Details

Updated on October 26, 2026 at 7:13 am
  • MLS# 685356226
  • Price $519,000
  • Property Size 2016 Sqft
  • Land Area 0.06 Acres
  • Garage Size x x
  • Year Built 1900
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Proud Realty LLC
  • Agent Name Jeanne Tunberg
  • Office Phone 503-444-9730

Additional details

  • Listing Terms Cash, Contract, Conventional, FHA, Owner Will Carry, VALoan
  • Roof Composition, Shingle
  • Sewer Public Sewer
  • Cooling None
  • Heating Forced Air90, Wall Heater
  • County Clatsop
  • Property Type MultiFamily
  • Parking Driveway, Off Street
  • Elementary School Astoria
  • Middle School Astoria
  • High School Astoria

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