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New
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$935,400

For Sale

3 days ago

461 S Downing St, Seaside, OR

House

MLS® 360988267

0 Bed

0 Bath

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8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $6,661
Days Active 3
Lot Size 
Approx. Age 1968
MLS® Number 360988267

Property Address: 461 S Downing St, Seaside, OR, 97138-5758

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained 4-plex sits on a flat, 50’ x 100’ lot in the heart of downtown Seaside. Located just 3 blocks from the beach and 2 blocks from the Necanicum River, the property is an attractive location for long term or mid-term occupants. Seaside’s economy supports both long-term rentals and mid-term rentals, making this a versatile asset for investors seeking resilient cash flow. Proven rental track record with excellent occupancy history. Three long-term occupants in place and one newer occupant giving reliable income with minimal vacancy. Ideal for 1031 exchange buyers, portfolio expansion, or hands-on investors looking to add value through minor cosmetic tweaks. Unit 4 fully renovated in 2025, Unit 1 renovated in 2021, Unit 3 renovated in 2019 and Unit 2 remains original. All new exterior doors across the property (2024). New windows installed on three units in 2024 (Unit 4 windows remain functional.
MLS® Number360988267
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
BasementNone
DrivewayOff Street, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 9, 2026List Date
$935,400List Price
  • Commute

Commute

Starting Address
Destination Address
461 S Downing St, Seaside, OR

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