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  • $868,000

    221 N Downing St, Seaside, OR 97138

    16beds
    8,414sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $875,500 Zestimate®
    $103/sqft
    $1,413 Estimated rent

    What's special

    Invest in a premium rental property just one block from beach access in Seaside. This well-maintained 4-plex is uniquely configured as a triplex plus a charming standalone cottage, offering versatility and strong rental income. Each unit has been thoughtfully updated with coastal-inspired colors and stylish, modern light fixtures. Off-street parking enhances convenience, while a shared sun deck and laundry room foster a welcoming community atmosphere. Ideally located just three blocks from the city center and downtown Seaside, this property provides much-needed quality housing in a prime location. Recent upgrades include new flooring in the second-floor, two-bedroom apartment, newly installed siding on the east side, and a roof replacement on the triplex in 2022. Total Monthly Rental Income: $6,800. Don’t miss this exceptional opportunity to own a high-performing rental property in one of the Oregon Coast’s most desirable destinations. Accurate room count is a total of 6 bedrooms, 5 bathrooms.

    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 04:15am

    Listed by:

    Christy Coulombe 503-724-2400,

    SALTAIRE Coastal Homes

    Bought with:

    Faith Bailey, 201240489

    SALTAIRE Coastal Homes

    Source: RMLS (OR),MLS#: 648855071MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 14
    • Full bathrooms: 14
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Gas Water Heater
    • Laundry: Common Area
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 8,414
    • Total interior livable area: 8,414 sqft

    Property

    Parking
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: Level, Ocean Beach One Quarter Mile Or Less, SqFt 3000 to 4999
    Details
    • Parcel number: 11646
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Block, Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1909

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: All Landscaping, Laundry
    Location
    • Region: Seaside

    HOA & financial

    Other financial information
    • Total actual rent: 17600

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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