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    259 S Pacific St Rockaway Beach, OR 97136

    Sponsored
    For Sale
    $2,100,000

    MULTI_FAMILY - RockawayBeach, OR

    Lot size:
    0.55 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 259 S Pacific St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    Rooms
    Bathroom 7, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 6, Bathroom 5, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 2
    Bedrooms
    8
    APN
    49398
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air
    Water front features
    Ocean Front
    Water front
    1

    Building Details

    Year built
    1945
    Floors in Building
    2
    Number of units
    4
    Roof type
    Flat, Composition

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Ryan Purdy (855) 450-0442

    Listing date Jan 6, 2026

    MLS# 202794385 Listing URL

    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.

    Overview

    Oceanfront Multi-Family Investment Opportunity

    Located in the coastal town of Rockaway Beach, this oceanfront property is zoned for commercial use and is being sold fully furnished. Currently, the property operates as a successful Airbnb with four income-generating units. The property includes a large single-family home with 6 bedrooms and 5 bathrooms that can be used as one large coastal home or divided into two separate units. Adjacent to the main home is a duplex, with each side featuring a 1-bedroom, 1-bathroom layout. In 2020, the property had updates to bathrooms, systems, and appliances, and a sunroom with oceanfront views was added. An oversized garage provides room for a workshop, extra storage, or conversion into an additional rental unit. With its commercial zoning, the property has development possibilities, potentially accommodating 6 to 12 condominium units. The property is situated on a 0.55-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway Beach
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.945546
    Latitude
    45.610439

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    FAQs

    What type of property is this?
    Short term rental property - Rare oceanfront property with income-generating units in Rockaway Beach, OR.
    Where is this short term rental property located?
    The property is located at 259 S Pacific St Rockaway Beach, OR.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Oceanfront property in Rockaway Beach with commercial zoning; - Successful, transferable Airbnb with four income-generating units; - Large single-family home (6 bedrooms, 5 bathrooms) divisible into two units
    (855) 450-0442
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    259 S Pacific St Rockaway Beach, OR 97136
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    Rockaway Beach, OR 97136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    259 S Pacific St Rockaway Beach, OR 97136
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