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    Oceanfront Multifamily Investment Opportunity Title is generated by Realmo AI

    259 S PACIFIC St, Rockaway Beach, OR 97136

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    For Sale
    $1,850,000

    MULTI_FAMILY - RockawayBeach, OR

    Lot size:
    0.55 Acres
    Added:
    May 13, 2025
    Days on Market:
    394
    Last Refresh:
    Jun 10 at 5:06 am

    Property Features for 259 S PACIFIC St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    C1
    Bedrooms
    8
    Bathrooms
    7
    Rooms
    Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 2, Bedroom 8
    Standard status
    Active
    APN
    49398
    Lot size
    0.55 Acres

    Taxes and HOA fees

    Tax Description
    Corner of Lot 16, Block 55, Rockaway Beach Subdivision, situated in the Southwest quarter of Section 32
    Tax Annual Amount
    9395

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air
    Water front features
    Ocean Front
    Water front
    1

    Building Details

    Year built
    1945
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition, Flat

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    Listing Contact
    Ryan Purdy

    Listing agent Ryan Purdy License #201234218

    Listing office Real Broker 2175 NW Raleigh Street, ste 110, Portland, OR

    Listing date May 13, 2025

    MLS# 202794385 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.

    HighLights

    • Oceanfront property with ocean‑front features and flat/composition roofing
    • Main home: 3 bedrooms and 3 baths on one level
    • Attached ADU with transferable short‑term rental license: 3 bedrooms and 2 baths
    • Adjacent duplex: each side has 1 bedroom and 1 bathroom
    • Major updates in 2020 to bathrooms, systems, and appliances; duplex roof replaced in 2025
    • 180‑degree oceanfront sunroom plus oversized garage with potential workshop/storage or conversion to an additional rental unit

    Overview

    This oceanfront property in Rockaway Beach features a single-family home with 3 bedrooms and 3 baths, along with an attached Accessory Dwelling Unit (ADU) that has 3 bedrooms and 2 baths and a transferable short-term rental license. Adjacent to the main home is a duplex, with each unit offering a private 1-bedroom, 1-bathroom layout. The property benefits from updates completed in 2020, including renovations to the bathrooms, systems, and appliances. A new roof is planned for the duplex in 2025. A sunroom with 180-degree oceanfront views has been added. An oversized garage provides space for a workshop, storage, or potential conversion into an additional rental unit. The property is zoned C1, presenting development possibilities that could accommodate 6 to 12 condominium units. Situated on a 0.55-acre lot, this property offers an investment opportunity, a multi-family coastal escape, or a development-ready investment in a beach community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Kitchen & Bath Showroom Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway Beach
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.945546
    Latitude
    45.610439

    FAQs

    What type of property is this?
    Multifamily property - Rare oceanfront multifamily property with development potential in Rockaway Beach.
    Where is this multifamily property located?
    The property is located at 259 S PACIFIC St Rockaway Beach, OR.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Oceanfront property with ocean‑front features and flat/composition roofing; Main home: 3 bedrooms and 3 baths on one level; Attached ADU with transferable short‑term rental license: 3 bedrooms and 2 baths
    More about this property
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