461 S Downing St, Seaside, OR 97138

Seaside
Local realty services provided by:Knipe Realty ERA Powered
461 S Downing St,Seaside, OR 97138
$900,000
  • - Beds
  • - Baths
  • 3,216 sq. ft.
  • Multi-family
  • Active
Listed by: bree phillips
Office: exp realty llc.888-814-9613
MLS#:360988267
Source:PORTLAND

Price summary

  • Price:$900,000
  • Price per sq. ft.:$279.85

About this home

Well-maintained 4-plex investment property in the heart of Seaside on a level 50’ x 100’ lot, just 3 blocks to the beach and 2 blocks to the Necanicum River. Strong rental history with excellent occupancy, including 3 established long-term occupants and 1 newer occupant for income potential. Recent improvements include a full Unit 4 renovation (2025), Unit 1 renovation (2021), Unit 3 renovation (2019), new exterior doors (2024), and new windows in 3 units (2024). Unit 2 offers upside potential with original finishes. Excellent opportunity for a 1031 exchange, portfolio expansion, or coastal multifamily investment next to downtown shops, restaurants, and attractions.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1968
  • Listing ID #:360988267
  • Added:84 day(s) ago
  • Updated:July 02, 2026 at 11:27 AM

Rooms and interior

  • Living area:3,216 sq. ft.

Heating and cooling

  • Heating:Baseboard, Zoned

Structure and exterior

  • Roof:Membrane
  • Year built:1968
  • Building area:3,216 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Level
  • Foundation Description:Slab
  • Levels:2 Stories

Schools

  • High school:Seaside
  • Middle school:Seaside
  • Elementary school:Pacific Ridge

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$279.85
  • Tax amount:$6,661 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Off Street, Paved
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 2, 2026

New listings near 461 S Downing St