840 S Downing ST Seaside, OR97138
$926,000
7 total units
5 total bedrooms
4 total bathrooms
$60,947 annual income
3785 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Pacific Ridge
Middle School: Seaside
High School: Seaside
Zoning: Res
1135 days on market
VestorFilter™
Price per unit$132.3K/unit
Price per ft²$244.65/ft²
Recent price drop$224,000
Price per acre$3.94M/ac
Price per bedroom$185.2K/bed
Time on market1135 days
Property Description
Very rare opportunity to purchase a beautifully remodeled 7 unit apartment 2 blocks from the beach. To the studs remodel in 2008 including new roof and siding and foundation. Community bbq, storage and on-site laundry. Potential for short term vacation rentals. Rent 6 units and keep 1 as a beach house. The options available are fantastic for anyone looking to get into owning multiple units. Buyer to do due diligence on all potential uses.
{{ compliance-logo }}Listing Provided By John L Scott Portland SW
Financial Data
Date Sold2022-02-15
Sold Price$926,000
Price ChangeDropped $224,000 on 02/15/2022
Total $224,000 drop
Total $224,000 drop
Original Price$1,150,000
Current Price$926,000
Property Taxes$3,696
Find On Map
Home Facts
StatusSold
Year Built1936
Exterior Features
MLS ID21422211
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
