Renovated Four-Unit Multifamily
New
For Sale
$900,000
461 S Downing St, Seaside, OR 97138
Four-unit property near the beach and Necanicum River, with multiple renovated residences and established occupancy.
Property Size3,216 SF
Lot Size0.11 Acres
Price / SF$279.85
Days on Market6
Property Features for 461 S Downing St
General Information
Standard status
Active
Size
3,216 SF
Lot size
0.11 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1968
Listing Agency:
eXp Realty LLC
(503) 440-7679
Listed By:
Bree Phillips · License #200512012
Source:
Wyndeekono
Added: Aug 24
Changed: Aug 28
Last Checked: Aug 28 at 1:00PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
Built in 1968, this 3,216-square-foot quadplex contains four residential units on a level 50’ x 100’ lot. Improvements include a renovated Unit 4 completed in 2025, Unit 1 updated in 2021, Unit 3 renovated in 2019, new exterior doors installed in 2024, and new windows in three units added in 2024. Unit 2 retains its original finishes.
The property is located at 461 S Downing St in Seaside, three blocks from the beach and two blocks from the Necanicum River. Downtown shops, restaurants, and attractions are nearby. Occupancy includes three established long-term occupants and one newer occupant, providing an existing residential operating profile.
The property is located at 461 S Downing St in Seaside, three blocks from the beach and two blocks from the Necanicum River. Downtown shops, restaurants, and attractions are nearby. Occupancy includes three established long-term occupants and one newer occupant, providing an existing residential operating profile.
Key Highlights
- Four‑unit quadplex totaling 3,216 square feet on a 50’ x 100’ level lot
- Unit 4 renovation completed in 2025; Unit 1 renovated in 2021 and Unit 3 in 2019
- New exterior doors installed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Explore this area
Business Placement
Demographics for 97138, OR
11,248
Population
7,785
Households
1.4
Avg Household Size
48
Median Age
28%
College-Educated
92%
High-School Grad
146.0 sq mi
ZIP Area
77
Density / Sq Mi
$51,993
Median Household Income
$39,285
Median Earnings
$1,004
Median Rent
$433,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property near the beach and Necanicum River, with multiple renovated residences and established occupancy.
Where is this quadplex located?
The property is located at 461 S Downing St Seaside, OR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 3,216 square feet on a 50’ x 100’ level lot; Unit 4 renovation completed in 2025; Unit 1 renovated in 2021 and Unit 3 in 2019; New exterior doors installed in 2024
