Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1040 Downing St, Unit A Seaside, OR 97138-5571

    • Residential income homes
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 18, 2020
    Location Intelligence
    Property ID
    US71-1047943
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1040 Downing St

    Year built
    1942
    Lot size
    0.11 lot acres
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    61021DB10701
    APU
    61021DB10701

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seaside
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.929
    Latitude
    45.9877
    CBSA code
    11820
    CBSA name
    ASTORIA, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,580
    $0.00
    $0.00
    $179,690
    -
    $254,360
    $96,205
    $350,565

    Comparable in this City

    • Value Estimation by Request
      1,167 SF

      716 Holladay Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,167 SF
      716 Holladay Dr, Seaside, OR 97138-6601
      View Details
    • Value Estimation
      $535,000
      1,828 SF

      1715 Franklin St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,828 SF
      1715 Franklin St, Seaside, OR 97138-5247
      View Details
    • Value Estimation
      $555,000
      0.11 Acres

      1020 Downing St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.11 Acres
      1020 Downing St, Seaside, OR 97138-5566
      View Details
    • Value Estimation
      $940,000
      880 SF

      840 Downing St

      APARTMENT HOUSE (UNDER 5 UNITS) • 880 SF
      840 Downing St, Seaside, OR 97138-5549
      View Details
    • Value Estimation by Request
      0.11 Acres

      410 12th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.11 Acres
      410 12th Ave, Seaside, OR 97138-6238
      View Details
    • Value Estimation by Request
      0.17 Acres

      400 Necanicum Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.17 Acres
      400 Necanicum Dr, Seaside, OR 97138-6053
      View Details

    Similar Nearby for Sale

    • $2,899,000
      0.14 Acres

      Seaside Multifamily Investment Opportunity

      Eight-unit multifamily property with condo conversion potential in Seaside, Oregon.
      720 Avenue G, Jewell, OR 97138
      View Details
    • $250,000
      19,166 SF

      Seaside Development Site For Sale

      Development site in desirable Seaside location near the beach.
      407 S Holladay Dr, Seaside, OR 97138
      View Details
    • $750,000
      3,308 SF

      Gearhart Duplex Near Highway 101

      Two-story duplex near downtown and the beach in Gearhart, Oregon.
      3387/3389 Highway 101 N, Gearhart, OR 97138
      View Details
    • $649,900
      2,540 SF

      Seaside Triplex Near the Beach

      Meticulously maintained triplex in Seaside, close to the beach.
      337 16Th Ave, Seaside, OR 97138
      View Details
    • $575,000
      0.25 Acres

      Land in Gated Gearhart Community

      Ocean view land in Gearhart's gated Highlands community.
      Vl High Rdg Rd, Gearhart, OR 97138
      View Details
    • New
      $1,150,000
      0.11 Acres

      Ocean View Land in Seaside

      Two lots to build your ocean retreat in Seaside.
      8700 S Prom St, Seaside, OR 97138
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1040 Downing St, Unit A
    Seaside, OR 97138-5571
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.