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    3387/3389 Highway 101 N Gearhart, OR 97138

    For Sale
    $750,000

    MULTI_FAMILY - Gearhart, OR

    Property size:
    3,308 SF
    Lot size:
    0.23 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 3387/3389 Highway 101 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5
    Bedrooms
    6
    APN
    9382
    Size
    3,308 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Zoned

    Building Details

    Year built
    2022
    Floors in Building
    2
    Number of units
    2
    Roof type
    Composition

    Windermere Realty Trust (503) 220-1144 [email protected]

    Listing agent Jody Conser (503) 738-8522

    Listing date Nov 14, 2025

    MLS# 139318772 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

    Gearhart Duplex Near Highway 101

    This two-story duplex is located off Highway 101 in Gearhart, Oregon, within walking distance of downtown and the beach. The property features mirrored floor plans. Each unit includes 3 bedrooms, 2.5 baths, a primary bedroom with a large walk-in closet and en-suite bathroom with a large walk-in shower and double vanity, and a one-car garage. Laundry is conveniently located upstairs and includes a full-size GE washer and dryer. Stainless steel appliances are included. The duplex, situated on a 0.23-acre lot, offers a total of 3308 square feet of living space. It is located on a quiet cul-de-sac. This property is zoned R2.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gearhart
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.910937
    Latitude
    46.023878

    Nearby Similar for Sale

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      Retail Property with Sherwin-Williams

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      3527 Highway 101 N, Gearhart, OR 97138
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    • $2,600,000
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      Gearhart Hwy 101 Motel Investment

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      View Details

    FAQs

    What type of property is this?
    Duplex - Two-story duplex near downtown and the beach in Gearhart, Oregon.
    Where is this duplex located?
    The property is located at 3387/3389 Highway 101 N Gearhart, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Price Reduced by $49,900; - Convenient Location: Short walk to downtown Gearhart and the beach, close to Highway 101; - Constructed in 2022 with top-of-the-line appliances and finishes
    (503) 738-8522
    Request Owner's contact information
    3387/3389 Highway 101 N Gearhart, OR 97138
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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
    3387/3389 Highway 101 N Gearhart, OR 97138
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