Seaside Fourplex Near
461 South Downing Street, Seaside, OR 97138
Well-maintained fourplex in downtown Seaside, near beach and river.
Type:Multi Family
Property size:
3,216 SFLot size:
0.11 AcresPrice / SF:
$290/SF- Added:
- Apr 9, 2026
- Days on Market:
- 54
- Last Refresh:
- Apr 9 at 8:31 pm
Property Features for 461 South Downing Street
General Information
- Standard status
- Active
- Size
- 3,216 SF
- Lot size
- 0.11 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1968
Listing agent Bree Phillips License #200512012 (503) 440-7679
Listing office eXp Realty LLC (503) 440-7679
Listing date Apr 9, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
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.
- Ideal for 1031 exchange buyers or portfolio expansion.
- Three of four units renovated (Unit 4 in 2025, Unit 1 in 2021, Unit 3 in 2019).
- New exterior doors and new windows on three units installed in 2024.
Overview
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.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Seaside
- County
- Clatsop
- State
- Oregon
- Longitude
- -123.9273116
- Latitude
- 45.991075
Nearby Similar for Sale
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 $935,400.
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.
