461 S DOWNING St Seaside, OR 97138
- Added:
- Apr 9, 2026
- Days on Market:
- 8
- Last Refresh:
- Apr 16 at 7:06 am
Property Features for 461 S DOWNING St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Standard status
- Active
- APN
- 11830
- Size
- 3,216 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- HERMOSA PARK LT 8 BLK 6
- Tax Annual Amount
- 6661
Utilities
- Heating system
- Baseboard, Zoned
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Membrane
Listing agent Bree Phillips License #200512012 (503) 440-7679
Listing office eXp Realty LLC 855 Exchange St, Salem, OR (888) 814-9613
Listing date Apr 9, 2026
MLS# 360988267
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
Seaside Fourplex Near Beach
This well-maintained fourplex is situated on a flat 50' x 100' lot in the heart of downtown Seaside, Oregon. The property is located just three blocks from the beach and two blocks from the Necanicum River, making it an attractive location for long-term or mid-term occupants. The local economy supports both long-term and mid-term rentals, making this a versatile asset for investors seeking resilient cash flow. The property has a proven rental track record with an excellent occupancy history, featuring three long-term occupants and one newer occupant, providing reliable income with minimal vacancy. The property is ideal for 1031 exchange buyers, portfolio expansion, or hands-on investors looking to add value through minor cosmetic tweaks. Unit 4 was fully renovated in 2025, Unit 1 was renovated in 2021, and Unit 3 was renovated in 2019, while Unit 2 remains in its original condition. All exterior doors across the property were replaced in 2024. New windows were installed on three units in 2024; the windows in Unit 4 remain functional. The property is zoned R3 and has a building size of 3216 square feet and a lot size of 0.11 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Seaside
- County
- Clatsop
- State
- Oregon
- Longitude
- -123.9273116
- Latitude
- 45.991075
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex in downtown Seaside, near beach and river.
Where is this quadplex located?
The property is located at 461 S DOWNING St Seaside, OR.
What is the asking price?
The asking price for this property is $935,400.
What are key features of this property?
This property features: Prime downtown Seaside location, just 3 blocks from the beach and 2 blocks from the Necanicum River.; Proven rental track record with excellent occupancy history and reliable income.; Versatile asset suitable for long‑term or mid‑term rentals due to Seaside's resilient economy.
