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Cottage-Style 5-Unit Apartment Building
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1731 S Downing, Seaside, OR 97103

Updated multifamily property with shared laundry, carports, and off-street parking near the beach.

Property SizeContact for details
Days on Market144

Property Features for 1731 S Downing

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily

Additional Details

Cap Rate 6%
Multifamily Units 5

Amenities

shared laundry room

Building Details

Construction cottage style
Listing Agency: Windermere Realty
Listed By: Jody Conser · License #201237903
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Realty

Investment Insights

Based on property information with market context.

Sea Pines Beach Cottages is a five-unit apartment property on a double lot at 1731 S Downing in Seaside, Oregon. The cottage-style buildings include updated windows, LVP flooring, refreshed plumbing fixtures, newer interior and exterior paint, and gutters. A new roof has been installed on all apartments.

Four cottages have carports, with seven off-street parking spaces across the property. Residents share a laundry room equipped with a newer Speed Queen washer and dryer. The property is located a few blocks from the beach, and the tenant history includes residents seeking long-term occupancy.

Key Highlights

  • Five cottage‑style apartment units on a double lot
  • New roof installed on all apartments
  • Updated windows, LVP flooring, fixtures, paint, and gutters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Dental Office Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 97103, OR

18,080
Population
8,007
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
163.3 sq mi
ZIP Area
111
Density / Sq Mi
$75,080
Median Household Income
$41,222
Median Earnings
$1,156
Median Rent
$437,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with shared laundry, carports, and off-street parking near the beach.
Where is this apartment building located?
The property is located at 1731 S Downing Seaside, OR.
What are key features of this property?
This property features: Five cottage‑style apartment units on a double lot; New roof installed on all apartments; Updated windows, LVP flooring, fixtures, paint, and gutters
(971) 320-7542 Call to check price and availability
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