$1250000
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7 Bed
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5 Bath
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4800 SqFt
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132 DOM
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Built: 1947
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Status: Active
Love this home?
Prime coastal 8-Plex investment opportunity in South Seaside, Oregon. Just four blocks from the beach and steps from a golf course and park, this 8-unit multifamily property offers a rare investment opportunity in South Seaside. Built in 1947, the 11-bed, 8-bath complex consists of five 1-bed/1-bath units and three 2-bed/1-bath units, spanning a total of 4,800 sqft across two buildings on a 10,000 sqft lot (100x100 ft), and includes nine off-street parking spots. This property consistently maintains full occupancy, often receiving hundreds of applicants when a unit becomes available. Located in a desirable neighborhood known for its well-kept homes, this property is just minutes from the Seaside Promenade and four blocks to the popular South Cove surf area. It has undergone major plumbing and electrical updates in 2008/2009, with new windows—10 left to install before closing. Offers an onsite community laundry room. With strong rental demand and the possibility for a conversion to motel for short-term rental potential, this property offers immediate cash flow and long-term investment versatility. Tours are available for accepted offers only. Don’t miss this high-demand coastal investment opportunity!
Listing Provided Courtesy of Chrissy Tese-Moe, Works Real Estate
General Information
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650795690
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132 DOM
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7
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10018.8 SqFt
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5
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4800
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1947
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Multi U
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Clatsop
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13766
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Seaside
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MultiFamily
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CARTWRIGHT PARK LTS 3 & 4 BLK 24
Listing Provided Courtesy of Chrissy Tese-Moe, Works Real Estate
PDXA1 Realty Group data last checked: Jul 24, 2025 13:43 | Listing last modified Jul 16, 2025 12:55,
Source:
Residence Information
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-
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4800
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-
-
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7
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-
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5
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Composition
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-
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OffStreet
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1947
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No
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ShingleSiding
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-
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ConcretePerimeter
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Features and Utilities
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-
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-
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Electricity
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WallHeater
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PublicSewer
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Electricity
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Electricity
Financial
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7333.28
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MaintenanceGrounds,Sewer,TrashCollection,Water
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Cash,Conventional
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03-06-2025
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No
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No
Comparable Information
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132
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140
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Cash,Conventional
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$1,250,000
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$1,250,000
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Jul 16, 2025 12:55
Schools
Map
Listing courtesy of Works Real Estate.
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: Jul 24, 2025 13:43 | Listing last modified Jul 16, 2025 12:55.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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