461 South Downing Street Seaside, OR 97138

Building Details

Year Built

1968

Listing office eXp Realty LLC b***@liveastoria.com Show Phone

Listing date Mar 31, 2026

Source Compass

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

Report an issue

---

Investment Insights

Based on property information with market context.

This well-maintained fourplex is situated on a flat, 50-foot by 100-foot lot in downtown Seaside, Oregon. The property is located approximately three blocks from the beach and two blocks from the Necanicum River. The location is attractive for both long-term and mid-term occupants. Seaside's economy supports both types of rentals, making this a versatile asset for investors seeking resilient cash flow. The property has a proven rental track record with an excellent occupancy history. Currently, there are three long-term occupants and one newer occupant, providing reliable income with minimal vacancy. The property is suitable for 1031 exchange buyers, portfolio expansion, or hands-on investors looking to add value through minor cosmetic improvements. Unit 4 was fully renovated in 2025, Unit 1 was renovated in 2021, and Unit 3 was renovated in 2019. Unit 2 remains in its original condition. All exterior doors across the property were replaced in 2024. New windows were installed on three units in 2024; the windows in Unit 4 remain functional. The property size is 3,216 square feet.

Key Highlights

• Prime downtown Seaside location: just 3 blocks from the beach and 2 blocks from the Necanicum River.
• Proven rental track record with excellent occupancy history and reliable income.
• Versatile investment suitable for long‑term or mid‑term rentals.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $900,000

  3,216 SF

  Renovated 4-Plex Investment Property

  Well-maintained four-unit building with recent unit renovations and ongoing exterior upgrades on a small level lot.

  461 S DOWNING St, Seaside, OR 97138

  View Details
• 

  $2,500,000

  5,133 SF

  Operating Amusement Park on Highway 101

  Income-producing amusement park with highway frontage in Seaside, Oregon.

  2735 S ROOSEVELT, Seaside, OR 97138

  View Details
• 

  $1,125,000

  2,680 SF

  New Leased Retail Investment Property

  NNN leased investment property with corporate backing in thriving tourist town.

  1109 S Holladay Dr, Seaside, OR

  View Details
• 

  $749,000

  2,019 SF

  Downtown Commercial Property with Parking

  Versatile commercial property in downtown location with parking spaces.

  113 N HOLLADAY, Seaside, OR 97138

  View Details
• 

  $975,000

  3,520 SF

  Seaside Commercial Building on Highway

  3,520 sq ft commercial building with highway access.

  809 S HOLLADAY, Seaside, OR 97138

  View Details
• 

  $2,899,000

  Seaside Multifamily Investment Opportunity

  Eight-unit multifamily property with condo conversion potential in Seaside, Oregon.

  720 740 AVENUE G, Seaside, OR 97138

  View Details
• 

  $3,400,000

  Turnkey Amusement Park on Highway 101

  Coastal amusement park with expansion potential on 3.22 acres.

  2735 S ROOSEVELT, Seaside, OR 97138

  View Details
• 

  $485,000

  1,755 SF

  Commercial Office Building For Sale

  Commercial office building with long-term tenant in prime location.

  1010 3RD, Seaside, OR 97138

  View Details
• 

  $1,900,000

  Seaside Restaurant and Business Opportunity

  Profitable restaurant business and property for sale near downtown.

  210 S Holladay Dr, Seaside, OR 97138

  View Details
• 

  $2,899,000

  8-Unit Apartment Building with Laundry

  Each unit features two en-suite baths, stainless appliances, and in-unit washer/dryer in a convenient 8-plex.

  720 740 AVENUE G, Seaside, OR 97138

  View Details

FAQs

What type of property is this?

Quadplex - Well-maintained fourplex in downtown Seaside, near beach and river.

Where is this quadplex located?

The property is located at 461 South Downing Street 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: Prime downtown Seaside location: just 3 blocks from the beach and 2 blocks from the Necanicum River.; Proven rental track record with excellent occupancy history and reliable income.; Versatile investment suitable for long‑term or mid‑term rentals.