$1500000
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1 Bed
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3 Bath
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6472 SqFt
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1 DOM
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Built: 2017
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Status: Active
Love this home?
Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!
Listing Provided Courtesy of Cheryl Johnson, Realty One Group Prestige
General Information
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416531359
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-
1 DOM
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1
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0.25 acres
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3
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6472
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2017
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RH
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Clatsop
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57018
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Warrenton
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Warrenton
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Warrenton
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MultiFamily
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FOREST RIM 63
Listing Provided Courtesy of Cheryl Johnson, Realty One Group Prestige
PDXA1 Realty Group data last checked: Mar 24, 2026 21:02 | Listing last modified Mar 23, 2026 11:22,
Source:
Residence Information
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-
-
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6472
-
-
-
-
1
-
-
-
3
-
Composition
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4,
-
-
Driveway,Garage
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2
-
2017
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No
-
-
CementSiding
-
CrawlSpace
-
-
-
CrawlSpace
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ConcretePerimeter
-
-
Features and Utilities
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-
-
-
-
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None
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Electricity, Tank
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ForcedAir
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PublicSewer
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Electricity, Tank
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Electricity, Gas
Financial
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6933.19
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0
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MaintenanceGrounds,Sewer,TrashCollection,Water
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-
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Cash,Conventional
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03-23-2026
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-
No
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No
Comparable Information
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1
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1
-
-
Cash,Conventional
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$1,500,000
-
$1,500,000
-
-
Mar 23, 2026 11:22
Schools
Map
Listing courtesy of Realty One Group Prestige.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Mar 24, 2026 21:02 | Listing last modified Mar 23, 2026 11:22.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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