Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and is currently vacant/easy to show. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport so your hardest decision will be what to do next. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The current tenant to North would love to stay and which will substantially reduce your monthly payments to own. The city previously approved the addition of a 3rd unit. Showing by appointment only. Please respect tenants' privacy.
Active
Price cut: $14K (9/25)
$485,000
460/462 SW Coast Ave, Depoe Bay, OR 97341
4beds
2baths
1,066sqft
Est.:
Duplex
Built in 1940
-- sqft lot
$480,500 Zestimate®
$455/sqft
$-- HOA
What's special
Ocean viewAdditional sleeping loftExpansive lotOwn laundry
- 42 days |
- 377 |
- 24 |
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