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.
Sold
$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
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#: 648855071

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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