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Lake-View Short-Term Rental Duplex
For Sale
$895,000

42 East Washington Street, Rockaway Beach, OR 97136

Both units are approved for short-term rentals and are currently furnished, with furnishings negotiable.

Property Size3,276 SF
Price / SF$273.20
Days on Market446

Property Features for 42 East Washington Street

General Information

Standard status Active
Size 3,276 SF
Property subtype Multi Family
Zoning RK RR

Additional Details

Furnished Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,184

Amenities

deck
spa/shower
laundry room
attached garage
2
Crawl Space
Concrete Perimeter
Composition
Lake Marie
Cement Siding
Lake

Building Details

Year Built 2025
Buildings 1
Listing Agency: Windermere/C&C Johnson
Listed By: Patti Shmilenko · License #990100012
Source: Compass
Added: Jun 11, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:30PM

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/C&C Johnson

Investment Insights

Based on property information with market context.

Completed in 2025, this 3,276-square-foot duplex at 42 East Washington Street features two units with contemporary interior finishes and short-term rental approval for each. The described interiors include engineered hardwood flooring, quartz countertops, tile backsplashes, stainless steel appliances, open living and dining areas, and decks overlooking Lake Marie. Primary suites offer walk-in closets and spa-style bathrooms, while additional bedrooms include vaulted ceilings and access to substantial attic storage. Large laundry rooms, crawl spaces, concrete perimeter construction, and attached garage parking add functional utility.

The property is positioned next to Lake Marie, with ocean access available via a short walk and crosswalk. Restaurants, shopping, and Big Tree Trailhead are also described as being a short distance away. Both units are furnished, and the furnishings are negotiable. Zoning is RK RR.

Key Highlights

  • Duplex completed in 2025 with 3,276 square feet
  • Both units approved for short‑term rental use
  • Lake Marie views with decks and nearby ocean access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom

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
Residential units

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 97136, OR

1,948
Population
2,795
Households
0.7
Avg Household Size
59
Median Age
25%
College-Educated
86%
High-School Grad
19.5 sq mi
ZIP Area
100
Density / Sq Mi
$64,286
Median Household Income
$35,759
Median Earnings
$1,195
Median Rent
$354,100
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?
Duplex - Both units are approved for short-term rentals and are currently furnished, with furnishings negotiable.
Where is this duplex located?
The property is located at 42 East Washington Street Rockaway Beach, 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: Duplex completed in 2025 with 3,276 square feet; Both units approved for short‑term rental use; Lake Marie views with decks and nearby ocean access
More about this property
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