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Residential Triplex with Office Units
For Sale
$895,000

220 NW Spring Street, Waldport, OR 97394

Well-maintained building offers three residential units plus two office spaces, with shared laundry and a garage.

Days on Market140

Property Features for 220 NW Spring Street

General Information

Standard status Active
Property subtype Commercial

Units

Multifamily Units 3
Office Units 2

Amenities

laundry room
garage

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: Emerald Coast Realty - Seal Rock
Listed By: Pam Mugleston · License #940600295
Source: Martekrealestate
Added: Mar 16 Changed: Jul 22 Last Checked: Aug 1 at 1:11PM

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 Emerald Coast Realty - Seal Rock

Investment Insights

Based on property information with market context.

This mixed residential and commercial property includes three residential units and two separate office spaces. The building is described as well maintained and offers good natural light, with existing rental history. Tenant convenience is supported by a laundry room, and the property also includes a garage that can be used for storage or workshop-type needs.

The property is located within the city limits of Waldport, with proximity described to the beach and shopping.

The listing notes the property is zoned for expansion, allowing for the addition of up to four more residential units, offering an on-site pathway to increase residential capacity while maintaining the existing mix of income-producing space.

Key Highlights

  • Year built 2003 for a mixed‑use residential and commercial building
  • 3 residential units with a documented rental history
  • 2 commercial office spaces for small businesses or remote professionals

Property Analytics

Current Use

Carrie Naylor Physician Waldport physical therapy ... Medical Clinic

Suggested Use

Top Pick Locksmith Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Electrical 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

2
Office units
3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 97394, OR

5,361
Population
3,686
Households
1.5
Avg Household Size
59
Median Age
28%
College-Educated
95%
High-School Grad
51.7 sq mi
ZIP Area
104
Density / Sq Mi
$57,708
Median Household Income
$31,690
Median Earnings
$1,104
Median Rent
$354,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained building offers three residential units plus two office spaces, with shared laundry and a garage.
Where is this triplex located?
The property is located at 220 NW Spring Street Waldport, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Year built 2003 for a mixed‑use residential and commercial building; 3 residential units with a documented rental history; 2 commercial office spaces for small businesses or remote professionals
More about this property
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