Ad #7542945
MLS #360988267
Well-maintained 4-plex investment property in the heart of
461 S DOWNING St, Seaside, OR 97138
$900,000
8Beds
4Baths
3,216Sqft
0.11Acres
About this property
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.
Property Features
8 Beds
4 Baths
3,216 Sqft
Built in 1968
0.11 Acres
2 Stories
Membrane Roof
Zoned, Baseboard
$6,661 / yr property tax
Clatsop County
Additional Photos
Contact Information
Bree Phillips
EXP REALTY LLC
503-440-7679
Location
Listing Agent: Bree Phillips 503-440-7679
Broker: EXP REALTY LLC 888-814-9613 Listing Site
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP REALTY LLC 888-814-9613 Listing Site
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
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$900,000
8
Beds
4
Baths
3,216
Sqft
461 S DOWNING St, Seaside, OR 97138
By contacting this agent you agree to these Terms and Conditions.
MLS# 360988267
Well-maintained 4-plex investment property in the heart of
$900,000
461 S DOWNING St, Seaside, OR 97138
8
Beds
4
Baths
3,216
Sqft
0.11
Acres
$900,000
461 S DOWNING St, Seaside, OR 97138
8 Beds
4 Baths
3,216 Sqft
0.11 Acres
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.
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Property Details
HOME DETAILS
8 Beds
4 Baths
3,216 Sqft
Built in 1968
0.11 Acres
2 Stories
EXTERIOR
Membrane Roof
INTERIOR
Zoned, Baseboard
FINANCIAL & COMMUNITY
$6,661 / yr property tax
Clatsop County
See More Details
Location
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Ad Statistics
Ad Number
7542945
Viewed
123 times
Listing Status
Active
Added
Apr 09, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Regional Multiple Listing Services
Source Property ID
360988267
Listing Agent: Bree Phillips 503-440-7679
Broker: EXP REALTY LLC 888-814-9613 Listing Site
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP REALTY LLC 888-814-9613 Listing Site
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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