3096 Highway 101 N, Gearhart, OR 97138
Local realty services provided by:Knipe Realty ERA Powered
3096 Highway 101 N,Gearhart, OR 97138
$1,500,000
- - Beds
- - Baths
- 6,872 sq. ft.
- Multi-family
- Active
Listed by: wendy carpenter
Office: windermere heritage503-639-7914
MLS#:351146141
Source:PORTLAND
Price summary
- Price:$1,500,000
- Price per sq. ft.:$218.28
About this home
Exceptional multi-family investment property in desirable Gearhart. Thoughtfully designed, built in 2019 with quality craftsmanship, durability and low maintenance in mind making it an attractive addition to any investment portfolio. Four spacious 1,718 sq ft units with 3 bedrooms, 2-1/2 bathrooms each. Every unit has an appealing modern aesthetic with 9ft ceilings bringing in lots of natural light and use of materials such as quartz countertops in the kitchen and bathrooms, stainless steel appliances and engineered hardwood flooring. The kitchen offers a walk-in pantry as well as an island with extra seating space for 3-4. The layout of each unit makes the most of its usable space with an open first floor, efficient design and all bedrooms and two full bathrooms on the second story. Primary bedroom has an en suite bathroom with a walk-in shower and dual sinks. Each townhome-style unit has a private driveway, a one car garage and stackable washer/dryer. Additional parking spaces available on site. Each unit opens to a private fenced-in patio and backyard. This turnkey investment property is ideally situated near north coast amenities. Convenient to the beach, restaurants, shopping and recreational activities. This is an investment property that offers strong upside potential in an area that has experienced high demand for rental properties with hundreds of applications for available units. Strong rental history with documented tenant records available. Great opportunity for a hands-on investor, owner/occupant, investment portfolio or 1031 exchange....
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Home facts
- Year built:2019
- Listing ID #:351146141
- Added:51 day(s) ago
- Updated:September 06, 2026 at 11:43 AM
Rooms and interior
- Living area:6,872 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2019
- Building area:6,872 sq. ft.
- Lot area:0.43 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Seaside
- Middle school:Seaside
- Elementary school:Pacific Ridge
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$218.28
- Tax amount:$7,577 (2025)
Parking
- Total parking spaces:8
- Parking description:Attached Garage, Off Street
- Garage spaces:4
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