462 SW COAST AVE

DepoeBay, 97341

  • 4 Bed

  • 2 Bath

  • 1066 SqFt

  • 2 DOM

  • Built: 1940

  • Status: Active

$499,000

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462 SW COAST AVE

DepoeBay 97341

$499000

  • 4 Bed

  • 2 Bath

  • 1066 SqFt

  • 2 DOM

  • Built: 1940

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and will be vacant come September leaving the options open for new owners to use immediately. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport so your hardest decision will be what to do next.Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The current tenant to North would love to stay and which will substantially reduce your monthly payments to own. The city previously approved the addition of a 3rd unit. Showing by appointment only. Please respect tenants' privacy.

Features and Utilities

  • MiniSplit

  • Gas

  • WallHeater, Zoned

  • PublicSewer

  • Gas

  • Electricity, Gas

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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

Thinking about buying or selling. Let’s Talk.

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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