Two-Home Residential Income
81165 81167 Lower Nehalem Rd Elsie, OR 97138
For Sale
$749,000
MULTI_FAMILY - Elsie, OR
Lot Size1.68 Acres
Days on Market36
Property Features for 81165 81167 Lower Nehalem Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA5
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5
Standard status
Active
APN
1348
Lot size
1.68 Acres
Taxes and HOA fees
Tax Description
1335, 1336, 1348, 34558
Tax Annual Amount
6276
Utilities
Heating system
Heat Pump (Heating)
Water front features
River Front
Water front
1
Building Details
Year built
1983
Floors in Building
2
Number of units
2
Roof type
Metal, Composition
Listing Agency:
Windermere Realty Trust
(503) 738-8522
Listed By:
Pam Birmingham · License #890700025
(503) 791-4752
Added: Jun 25
Changed: Jul 29
Last Checked: Jul 30 at 5:06AM
MLS# 210552793
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.
Investment Insights
Based on property information with market context.
This residential income property includes two separate homes, each with its own outdoor space. The 1983 home offers 3 bedrooms and 2 bathrooms, with the primary bedroom on the main floor. Highlights include a claw-foot tub, a living room fireplace, and a large dining area with a pellet stove. The home’s views extend toward the valley, forest, and river, and the yard and pasture are described as having southern exposure. There is also a large shop building with tall doors suitable for RV storage, along with an implement shed, plus a river view deck.
The second home is a 1999 3-bedroom, 2-bath manufactured home with a garage, deck, and yard. The property is described as having frontage on Humbug Creek, including 5 native runs of salmon, with river otters and abundant bird-life noted. Zoned RA5 and located at 81165 and 81167 Lower Nehalem Rd in Elsie, Oregon, the listing remarks indicate proximity of about 30 minutes to Seaside/Cannon Beach and about an hour to Beaverton/Hillsboro.
The second home is a 1999 3-bedroom, 2-bath manufactured home with a garage, deck, and yard. The property is described as having frontage on Humbug Creek, including 5 native runs of salmon, with river otters and abundant bird-life noted. Zoned RA5 and located at 81165 and 81167 Lower Nehalem Rd in Elsie, Oregon, the listing remarks indicate proximity of about 30 minutes to Seaside/Cannon Beach and about an hour to Beaverton/Hillsboro.
Key Highlights
- Two homes on over 7 riverfront acres with river views, including a river view deck
- 1983 home: 3 bed, 2 bath with primary on main floor; living room includes a fireplace
- 1983 home bath features a claw‑foot tub; dining area includes a pellet stove
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two homes on riverfront acreage with a shop building and river-view deck, including a 1983 home and a 1999 manufactured home.
Where is this duplex located?
The property is located at 81165 81167 Lower Nehalem Rd Elsie, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two homes on over 7 riverfront acres with river views, including a river view deck; 1983 home: 3 bed, 2 bath with primary on main floor; living room includes a fireplace; 1983 home bath features a claw‑foot tub; dining area includes a pellet stove
