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    318 Highway 101 N Depoe Bay, OR 97341

    For Sale
    $850,000

    MULTI_FAMILY - DepoeBay, OR

    Property size:
    2,310 SF
    Lot size:
    0.14 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 318 Highway 101 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    3
    APN
    R439198
    Size
    2,310 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1934
    Floors in Building
    3
    Number of units
    3
    Roof type
    Composition

    Emerald Coast Realty (541) 563-3207 [email protected]

    Listing agent Amy Plechaty (541) 283-3589

    Listing date Nov 20, 2025

    MLS# 254283709 Listing URL

    Copyright © 2025 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

    Depoe Bay Multifamily with Ocean Views

    This multifamily property, suitable for short-term rentals and residential income, features two separate units with ocean views. Situated on two tax lots, the property includes parking, a two-stall carport, and a shop. Each unit has its own entrance on different levels, a full kitchen, laundry facilities, gas fireplaces, and separate electrical meters. The upstairs unit has the master bedroom on the main living area and a loft with two additional sleeping areas. The ground level unit has one bedroom and one bathroom, along with a separate 280 square foot heated store room with a full bathroom. The property offers ocean views from the wrap-around deck and a covered, wind-protected patio. The property is located in Depoe Bay, Oregon, and has a lot size of 0.14 acres. The property size is 2310 square feet. The zoning is C-1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Depoe Bay
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.062005
    Latitude
    44.815702

    Nearby Similar for Sale

    • $850,000
      2,310 SF

      Ocean View Vacation Rental Property

      Successful vacation rental with ocean views and separate units.
      318 Highway 101 N, Depoe Bay, OR 97341
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    • $299,900
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      Highway 101 Retail Property

      Commercial property with parking and highway frontage in Depoe Bay.
      3885 Highway 101 N, Depoe Bay, OR 97341
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    • $1,050,000
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      Depoe Bay Coastal Investment Property

      Four-unit multifamily property in Depoe Bay with rental history.
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      View Details
    • $250,000

      Cannabis Retail Space Opportunity

      Licensed retail space with US 101 frontage and ocean views.
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    FAQs

    What type of property is this?
    Short term rental property - Successful vacation rental property with two units and ocean views.
    Where is this short term rental property located?
    The property is located at 318 Highway 101 N Depoe Bay, OR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Stunning and dynamic ocean views.; - Successful vacation rental property with two separate units.; - Two tax lots with ample parking, including a carport and shop.
    (541) 283-3589
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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
    318 Highway 101 N Depoe Bay, OR 97341
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