$1250000
7 Bed
5 Bath
4800 SqFt
132 DOM
Built: 1947
Status: Active
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
650795690
132 DOM
7
10018.8 SqFt
5
4800
1947
Multi U
Clatsop
13766
Seaside
MultiFamily
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:
4800
7
5
Composition
OffStreet
1947
No
ShingleSiding
ConcretePerimeter
Electricity
WallHeater
PublicSewer
Electricity
Electricity
7333.28
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
03-06-2025
No
No
132
140
Cash,Conventional
$1,250,000
$1,250,000
Jul 16, 2025 12:55
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.
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.
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.
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.
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.
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.
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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