Sold

$655,000

925 4th Ave, Seaside, OR 97138

9beds

3,453sqft

Multi Family

Built in 1941

-- sqft lot

$665,000 Zestimate^®

$190/sqft

$1,967 Estimated rent

Home value

$665,000

$545,000 - $805,000

$1,967/mo

Zestimate^® history

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$1,967/mo

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$1,967/mo

Rent Zestimate^®

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$3,909/mo

Est. payment

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$3,909/mo

Est. payment

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What's special

Great Investment Opportunity in Seaside! This 1941 4 plex has recent updates and so many opportunities for income. Rentable spaces at market rate could generate over $90k annual gross income and a cap rate approaching 10%. Spacious grounds provide adequate parking that can be accessed from 4th avenue as well as a rear alleyway. 3 of the 4 units are 2 bed, one bath, with the 4th being a 1 bed, one bath. A fifth 2 bed, one bath, economy kitchenette could be incorporated into one of the upstairs units. The building and property are clean and easy to maintain.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5
Full bathrooms: 5

Heating

Hot Water

Features

Basement: Dirt Floor,Exterior Entry,Storage Space

Interior area

Total structure area: 3,453
Total interior livable area: 3,453 sqft

Property

Parking

Total spaces: 4
Parking features: Off Site, Off Street
Garage spaces: 4

Features

Stories: 3

Lot

Size: 10,018 sqft
Features: Level, SqFt 10000 to 14999

Details

Parcel number: 11448
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1941

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Seaside

HOA & financial

Other financial information

Total actual rent: 5900

Other

Other facts

Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
1/31/2025	Sold	$655,000-5.6%$190/sqft
Source: RMLS (OR) #24216868 Report a problem
12/17/2024	Pending sale	$694,000$201/sqft
Source: RMLS (OR) #24216868 Report a problem
11/27/2024	Price change	$694,000-0.7%$201/sqft
Source: RMLS (OR) #24216868 Report a problem
9/9/2024	Listed for sale	$699,000+174.1%$202/sqft
Source: RMLS (OR) #24216868 Report a problem
11/28/2015	Listing removed	$775
Source: Easom Property Management, Inc. Report a problem