542 Pacific Ave, Brookings, OR 97415

Brookings
Local realty services provided by:Columbia River Realty ERA Powered
542 Pacific Ave,Brookings, OR 97415
$945,000
  • - Beds
  • - Baths
  • 5,134 sq. ft.
  • Multi-family
  • Active
Listed by: lindsay coatney
Office: re/max coast and country
MLS#:24230606
Source:PORTLAND

Price summary

  • Price:$945,000
  • Price per sq. ft.:$184.07

About this home

Rare and Unique Investment Opportunity in the Heart of Brookings! This centrally located apartment complex offers an exceptional opportunity for investors. The property features 8 units, a 2-car detached garage, and 3 storage units, all on site. The landlord currently covers water, sewer, and garbage services as part of the monthly rent. This property is currently producing over $7,300.00 in gross monthly revenue. The potential for increase is excellent, as several units are renting below market rates. Residents also enjoy access to a shared coin-operated laundry facility for added convenience. Key improvements include a new roof installed in September 2015, a sewer main replacement completed in February 2008 and a fresh paint job of the exterior of the building in 2025, ensuring long-term value and reliability. Ideally situated within walking distance of downtown shops, restaurants, the movie theater, and the beach, this property offers excellent accessibility and appeal for tenants....

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Home facts

  • Year built:1951
  • Listing ID #:24230606
  • Added:300 day(s) ago
  • Updated:April 03, 2026 at 11:14 AM

Rooms and interior

  • Living area:5,134 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1951
  • Building area:5,134 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Commons, Level
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Brookings-Harbr
  • Middle school:Azalea
  • Elementary school:Kalmiopsis

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$945,000
  • Price per sq. ft.:$184.07
  • Tax amount:$2,269 (2023)

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Paved
  • Garage spaces:2
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