1005 Pacific Way Waldport, OR 97394
This exceptional Class A single-family rental property, located at 1005 NW Pacific Way, Waldport, OR 97394, presents a unique investment opportunity. The 1,600 square foot home sits on a 0.16-acre lot and boasts three bedrooms and one and a half bathrooms. Built in 1982, this single-story residence features updated interiors with new flooring, finishes, and furnishings. The property's prime location offers stunning water views, providing a tranquil setting for relaxation. The home's convenient one-level living makes it easily accessible and comfortable. The property is zoned R-1 Residential and includes amenities such as access to a seasonal pool, meeting room, and other activities. The asking price is $549,000, translating to $343.12 per square foot and $549,000 per unit. The property's APN is 13-12-13-DD-11900-00. Directions: North of the Waldport Bridge, turn west on Bayshore Dr. Follow to the stop sign. Turn right on Westward Ho, left on Oceania, and the second left is Pacific Way. The house is on the right. Please do not disturb the occupants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.