Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.
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Listing Snapshot
Price
$1,250,000
Days On Site
145 Days
Bedrooms
17
Inside Area (SqFt)
8,198 sqft
Total Baths
9
Full Baths
9
Partial Baths
N/A
Lot Size
1.13 Acres
Year Built
1972
MLS® Number
TC-22550
Status
Active
Property Tax
$10,409.5
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 weeks ago
Status changed to Active
5 months ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Acres
1.13
Foundation
Concrete Perimeter
Garage
Yes
Garage Spaces
3
Levels
One
Parking
DetachedGarage
Parking Spaces
16
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Above
8198
SqFt Total
8198
Style
Other
Utilities
Cable AvailableElectricity AvailableSewer ConnectedPhone Available
Water Source
Public
Zoning
R7.5
Interior Features
Appliances
DishwasherRefrigerator
Flooring
CarpetVinyl
Heating
Electric
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Exterior Features
Construction Details
Frame
Exterior
Lighting
Fencing
Partial
Lot Features
Level
Roof
Composition
View
Other
Waterview
Other
Community Features
Financing Terms Available
CashConventional
Roads
Paved
Listing courtesy of Dustin M Trost of Rob Trost Real Estate, LLC (503) 801-2326
Listing information is provided by Participants of the Oregon Coast MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Oregon Coast MLS.
Last checked 2026-03-02 10:12 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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