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    542 Pacific Ave Brookings, OR 97415

    For Sale
    $979,000

    MULTI_FAMILY - Brookings, OR

    Property size:
    5,134 SF
    Lot size:
    0.34 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 542 Pacific Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 8, Bathroom 6, Bathroom 4
    Bedrooms
    8
    APN
    R14746
    Size
    5,134 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1951
    Floors in Building
    1
    Number of units
    8
    Roof type
    Composition

    RE/MAX Coast and Country (541) 412-9535 [email protected]

    Listing agent Lindsay Coatney (541) 412-9535

    Listing date Nov 26, 2025

    MLS# 24230606 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

    Brookings Multifamily Investment Opportunity

    This centrally located apartment complex in Brookings, Oregon, presents an investment opportunity with 8 units, a 2-car detached garage, and 3 storage units. The landlord covers water, sewer, and garbage services. The property currently generates over $6,800.00 in gross monthly revenue, with potential for increased income as some units are rented below market rates. Residents have access to a shared coin-operated laundry facility. A new roof was installed in September 2015, and the sewer main was replaced in February 2008. The exterior of the building is scheduled for a fresh paint job in 2025. The property is located within walking distance of downtown shops, restaurants, the movie theater, and the beach. The property is zoned R3 and sits on a lot of approximately 0.34 acres. The building has approximately 5134 square feet. Intended use of the property is for residential income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookings
    County
    Curry
    State
    Oregon
    Longitude
    -124.280846
    Latitude
    42.055122

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    FAQs

    What type of property is this?
    Apartment building - Centrally located 8-unit apartment complex with income potential.
    Where is this apartment building located?
    The property is located at 542 Pacific Ave Brookings, OR.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: - High Gross Monthly Revenue: Currently producing over $6,800.00, indicating strong income potential.; - Potential for Increased Revenue: Several units are renting below market rates, offering an opportunity to increase income.; - Prime Location: Walking distance to downtown shops, restaurants, the movie theater, and the beach, enhancing tenant appeal.
    (541) 412-9535
    Request Owner's contact information
    542 Pacific Ave Brookings, OR 97415
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    Brookings, OR 97415
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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
    542 Pacific Ave Brookings, OR 97415
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